Xinjiang Sailing Information Technology Co Ltd Cash Flow Conversion Efficiency

Latest as of June 2023: 0.042x

Xinjiang Sailing Information Technology Co Ltd 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.

Cash Flow Conversion Efficiency of Xinjiang Sailing Information Technology Co Ltd (2012–2024)

Cash flow conversion efficiency of Xinjiang Sailing Information Technology Co Ltd from 2012 to 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. View Xinjiang Sailing Information Technology share price for real-time trading data and today's change.

Xinjiang Sailing Information Technology Co Ltd Cash Flow Conversion Ratio Explained

Xinjiang Sailing Information Technology Co Ltd cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.

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

Company	Cash Flow Conversion Efficiency
Vastned Retail Belgium BR:VASTB	0.012x
Zhejiang Yatai Pharmaceutical Co Ltd SHE:002370	-0.006x
Deep Yellow Ltd AU:DYL	-0.004x
Helen of Troy Limited F:HT2	0.139x
Gansu Dayu Water saving Group SHE:300021	-0.099x
CANGO INC. SP.ADR/2 CL.A F:9C0A	N/A
Zhejiang Kanglongda Special SHG:603665	0.024x
Foseco India Limited NSE:FOSECOIND	0.045x

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. Review Xinjiang Sailing Information Technology (300588) FCF generation index to assess how much free cash flow the company generates relative to operating cash flow.

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

$478.83 Million

CN¥3.27 Billion CNY

Market Cap Rank

#12085 Global

#3441 in China

Share Price

CN¥17.09

Change (1 day)

-3.50%

52-Week Range

CN¥17.09 - CN¥32.40

All Time High

CN¥33.59