Xinjiang Sailing Information Technology Co Ltd (300588) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Xinjiang Sailing Information Technology Co Ltd (300588) has a cash flow conversion efficiency ratio of 0.042x as of June 2023. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (CN¥17.25 Million ≈ $2.52 Million USD) by net assets (CN¥411.04 Million ≈ $60.15 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Xinjiang Sailing Information Technology (300588) net asset quality to measure how much of total assets are equity-financed.
Xinjiang Sailing Information Technology Co Ltd - Cash Flow Conversion Efficiency Trend (2012–2024)
This chart illustrates how Xinjiang Sailing Information Technology Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Xinjiang Sailing Information Technology earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.
Xinjiang Sailing Information Technology Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Xinjiang Sailing Information Technology Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Shenzhen Guangju Energy Co Ltd
SHE:000096
|
0.003x |
|
Hunan Fangsheng Pharm Co Ltd
SHG:603998
|
0.052x |
|
MarineMax Inc
NYSE:HZO
|
0.018x |
|
Zhejiang Whyis Technology Co.Ltd.
SHE:301218
|
N/A |
|
Movado Group Inc
NYSE:MOV
|
0.014x |
|
Hansen Technologies Ltd
AU:HSN
|
0.164x |
|
Beijing Chunlizhengda Medical Instruments Co Ltd
SHG:688236
|
0.011x |
|
Vatti Corp Ltd
SHE:002035
|
0.032x |
Annual Cash Flow Conversion Efficiency for Xinjiang Sailing Information Technology Co Ltd (2012–2024)
The table below shows the annual cash flow conversion efficiency of Xinjiang Sailing Information Technology Co Ltd from 2012 to 2024. For the full company profile with market capitalisation and key ratios, see market cap of Xinjiang Sailing Information Technology .
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥320.03 Million ≈ $46.83 Million |
CN¥-24.65 Million ≈ $-3.61 Million |
-0.077x | -194.16% |
| 2023-12-31 | CN¥384.44 Million ≈ $56.26 Million |
CN¥31.45 Million ≈ $4.60 Million |
0.082x | +32.47% |
| 2022-12-31 | CN¥420.09 Million ≈ $61.47 Million |
CN¥25.94 Million ≈ $3.80 Million |
0.062x | -45.14% |
| 2021-12-31 | CN¥482.68 Million ≈ $70.63 Million |
CN¥54.33 Million ≈ $7.95 Million |
0.113x | +168.60% |
| 2020-12-31 | CN¥281.02 Million ≈ $41.12 Million |
CN¥-46.11 Million ≈ $-6.75 Million |
-0.164x | -237.35% |
| 2019-12-31 | CN¥417.95 Million ≈ $61.16 Million |
CN¥49.93 Million ≈ $7.31 Million |
0.119x | +197.04% |
| 2018-12-31 | CN¥394.38 Million ≈ $57.71 Million |
CN¥-48.55 Million ≈ $-7.10 Million |
-0.123x | +41.02% |
| 2017-12-31 | CN¥380.25 Million ≈ $55.64 Million |
CN¥-79.37 Million ≈ $-11.61 Million |
-0.209x | -302.43% |
| 2016-12-31 | CN¥304.69 Million ≈ $44.59 Million |
CN¥31.42 Million ≈ $4.60 Million |
0.103x | -22.60% |
| 2015-12-31 | CN¥172.21 Million ≈ $25.20 Million |
CN¥22.94 Million ≈ $3.36 Million |
0.133x | +295.47% |
| 2013-12-31 | CN¥122.15 Million ≈ $17.87 Million |
CN¥4.12 Million ≈ $602.15K |
0.034x | +136.68% |
| 2012-12-31 | CN¥115.22 Million ≈ $16.86 Million |
CN¥1.64 Million ≈ $239.98K |
0.014x | -- |
About Xinjiang Sailing Information Technology Co Ltd
Xinjiang Sailing Information Technology Co., Ltd. provides big data intelligent application software and network security assessment services in the fields of public security and smart cities in China. The company offers gateway solutions, including audio and video access, video application, and data access gateways; big data platform solutions; and public safety solutions, such as public securit… Read more