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. See Xinjiang Sailing Information Technology liquidity coverage in days to measure how many days the company can operate on defensive assets alone.

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.

Company	Cash Flow Conversion Efficiency
Thornburg Income Builder Opportunities Trust Common Stock NASDAQ:TBLD	N/A
Zhejiang Tieliu Clutch Co Ltd SHG:603926	0.053x
Nanosonics Ltd AU:NAN	0.030x
Zhangjiagang Furui Special Equip SHE:300228	0.106x
Sichuan Dawn Precision Technology Co Ltd SHE:300780	0.037x
China National Complete Plant Import & Export Corp Ltd SHE:000151	0.042x
Shuifa Energas Gas Co Ltd SHG:603318	-0.019x
Jiangsu Rainbow Heavy Industries Co Ltd SHE:002483	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. 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

$680.56 Million

CN¥4.65 Billion CNY

Market Cap Rank

#10877 Global

#3039 in China

Share Price

CN¥24.29

Change (1 day)

+9.32%

52-Week Range

CN¥13.62 - CN¥32.40

All Time High

CN¥33.59