Shenzhen New Industries Biomedical Cash Flow Conversion Efficiency
Shenzhen New Industries Biomedical cash flow conversion efficiency. Based on the latest financial reports, Shenzhen New Industries Biomedical (300832) has a cash flow conversion efficiency ratio of 0.069x as of September 2025. 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¥606.21 Million ≈ $88.71 Million USD) by net assets (CN¥8.74 Billion ≈ $1.28 Billion 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 Shenzhen New Industries Biomedical (2012–2024)
Cash flow conversion efficiency of Shenzhen New Industries Biomedical from 2012 to 2024. This chart illustrates how Shenzhen New Industries Biomedical's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Shenzhen New Industries Biomedical stock price for real-time trading data and today's change.
Shenzhen New Industries Biomedical Cash Flow Conversion Ratio Explained
Shenzhen New Industries Biomedical 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.
Shenzhen New Industries Biomedical Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Shenzhen New Industries Biomedical ranked by their cash flow conversion efficiency. Also see Shenzhen New Industries Biomedical market capitalisation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Valley National Bancorp
NASDAQ:VLY
|
0.025x |
|
South Bow Corporation
TO:SOBO
|
0.096x |
|
Commercial Metals Company
NYSE:CMC
|
0.038x |
|
Hongfa Technology Co Ltd
SHG:600885
|
0.046x |
|
JSW Infrastructure Limited
NSE:JSWINFRA
|
0.112x |
|
Sunny Optical Technology (Group) Company Limited
F:SXC
|
0.018x |
|
UGI Corporation
NYSE:UGI
|
0.046x |
|
SSAB AB (publ)
ST:SSAB-B
|
0.047x |
Annual Cash Flow Conversion Efficiency for Shenzhen New Industries Biomedical (2012–2024)
The table below shows the annual cash flow conversion efficiency of Shenzhen New Industries Biomedical from 2012 to 2024. Review how much free cash does Shenzhen New Industries Biomedical generate 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¥8.58 Billion ≈ $1.26 Billion |
CN¥1.36 Billion ≈ $198.49 Million |
0.158x | -15.87% |
| 2023-12-31 | CN¥7.54 Billion ≈ $1.10 Billion |
CN¥1.42 Billion ≈ $207.54 Million |
0.188x | +25.01% |
| 2022-12-31 | CN¥6.40 Billion ≈ $936.45 Million |
CN¥962.39 Million ≈ $140.83 Million |
0.150x | +9.15% |
| 2021-12-31 | CN¥5.61 Billion ≈ $821.21 Million |
CN¥773.22 Million ≈ $113.15 Million |
0.138x | -32.23% |
| 2020-12-31 | CN¥4.80 Billion ≈ $703.01 Million |
CN¥976.65 Million ≈ $142.92 Million |
0.203x | -23.28% |
| 2019-12-31 | CN¥3.14 Billion ≈ $459.30 Million |
CN¥831.73 Million ≈ $121.71 Million |
0.265x | -10.68% |
| 2018-12-31 | CN¥2.37 Billion ≈ $346.26 Million |
CN¥701.97 Million ≈ $102.72 Million |
0.297x | +0.19% |
| 2017-12-31 | CN¥1.77 Billion ≈ $259.33 Million |
CN¥524.73 Million ≈ $76.78 Million |
0.296x | -13.68% |
| 2016-12-31 | CN¥1.42 Billion ≈ $207.68 Million |
CN¥486.81 Million ≈ $71.24 Million |
0.343x | +14.71% |
| 2015-12-31 | CN¥1.02 Billion ≈ $149.72 Million |
CN¥305.93 Million ≈ $44.77 Million |
0.299x | -27.98% |
| 2014-12-31 | CN¥610.52 Million ≈ $89.34 Million |
CN¥253.47 Million ≈ $37.09 Million |
0.415x | +13.70% |
| 2013-12-31 | CN¥378.84 Million ≈ $55.44 Million |
CN¥138.33 Million ≈ $20.24 Million |
0.365x | +62.39% |
| 2012-12-31 | CN¥248.18 Million ≈ $36.32 Million |
CN¥55.80 Million ≈ $8.17 Million |
0.225x | -- |
About Shenzhen New Industries Biomedical
Shenzhen New Industries Biomedical Engineering Co., Ltd., engages in the research, development, production, and sale of clinical laboratory instruments and in vitro diagnostic reagents to hospitals in China and internationally. It offers immunoassay machine, biochemistry/electrolyte, integrated system, lab automation, molecular diagnostics, hemolumi and rapid test solutions. The company was found… Read more