Xinjiang Sailing Information Technology Co Ltd (300588) - Cash Flow Conversion Efficiency

Latest as of June 2023: 0.042x

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. Also see 300588 market cap for the company's overall valuation and market capitalisation.

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.

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. Explore cash flow quality index of Xinjiang Sailing Information Technology to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
Shanghai Kangda New Materials Co Ltd SHE:002669	0.031x
Guangdong Chant Group Inc SHE:002616	0.235x
Gresgying Digital Energy Technology Co Ltd SHG:600212	0.058x
ECOVE Environment Corp TWO:6803	-0.287x
Shenzhen Refond Optoelectronics Co Ltd SHE:300241	0.014x
Surya Esa Perkasa Tbk JK:ESSA	0.075x
BYBON Group Co Ltd Class A SHE:300736	-0.436x
India Tourism Development Corporation Limited NSE:ITDC	0.014x

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. View Xinjiang Sailing Information Technology stock quote for real-time trading data and today's change.

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

SHE:300588 China Software - Application

Market Cap

$610.80 Million

CN¥4.17 Billion CNY

Market Cap Rank

#11327 Global

#3179 in China

Share Price

CN¥21.80

Change (1 day)

+3.42%

52-Week Range

CN¥18.11 - CN¥32.40

All Time High

CN¥33.59