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.

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. Read 300588 total debt and obligations for a breakdown of total debt and financial obligations.

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
Da-Li Development Co Ltd TW:6177	-0.194x
Riskified Ltd NYSE:RSKD	0.041x
Formosa International Hotels Corp TW:2707	0.034x
South Plains Financial Inc NASDAQ:SPFI	0.049x
Chenming Mold Industrial Corp TW:3013	0.120x
Zhejiang Langdi Group Co Ltd SHG:603726	0.042x
Grupo KUO S.A.B. de C.V MX:KUOB	0.099x
Tibet Weixinkang Medicine Co Ltd SHG:603676	0.009x

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 Xinjiang Sailing Information Technology (300588) market capitalisation.

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

$675.52 Million

CN¥4.62 Billion CNY

Market Cap Rank

#11023 Global

#3268 in China

Share Price

CN¥24.11

Change (1 day)

+0.54%

52-Week Range

CN¥11.86 - CN¥32.40

All Time High

CN¥33.59