Sinomag Technology Co Ltd
Sinomag Technology Co., Ltd. engages in the research and development, production, and sale of permanent ferrite magnets and soft magnetic cores and components worldwide. The company offers commutator, busbar, and microinverters. Its products are used in the automobile drives, electrification systems, and car bodies. Sinomag Technology Co., Ltd. was founded in 1998 and is headquartered in Hefei, C… Read more
Sinomag Technology Co Ltd (300835) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2023: 0.013x
Based on the latest financial reports, Sinomag Technology Co Ltd (300835) has a cash flow conversion efficiency ratio of 0.013x 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¥13.44 Million) by net assets (CN¥1.04 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Sinomag Technology Co Ltd - Cash Flow Conversion Efficiency Trend (2016–2024)
This chart illustrates how Sinomag Technology Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Sinomag Technology Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Sinomag Technology Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Shaanxi Fenghuo Electronics Co Ltd
SHE:000561
|
-0.057x |
|
IDP Education Limited
PINK:IDPUF
|
0.196x |
|
Service Stream Ltd
AU:SSM
|
0.101x |
|
Vitec Software Group AB (publ)
ST:VIT-B
|
0.023x |
|
Metsa Board Oyj A
HE:METSA
|
0.066x |
|
Aussie Broadband Ltd
AU:ABB
|
0.052x |
|
Harbin Electric Coporation Jiamusi Electric Machine Co Ltd
SHE:000922
|
0.028x |
|
Vicat SA
PINK:SDCVF
|
0.060x |
Annual Cash Flow Conversion Efficiency for Sinomag Technology Co Ltd (2016–2024)
The table below shows the annual cash flow conversion efficiency of Sinomag Technology Co Ltd from 2016 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥1.10 Billion | CN¥195.30 Million | 0.177x | +466.87% |
| 2023-12-31 | CN¥1.10 Billion | CN¥34.34 Million | 0.031x | +113.65% |
| 2022-12-31 | CN¥994.75 Million | CN¥14.53 Million | 0.015x | -81.31% |
| 2021-12-31 | CN¥952.78 Million | CN¥74.45 Million | 0.078x | +15.17% |
| 2020-12-31 | CN¥836.85 Million | CN¥56.78 Million | 0.068x | -35.53% |
| 2019-12-31 | CN¥535.53 Million | CN¥56.36 Million | 0.105x | -56.97% |
| 2018-12-31 | CN¥419.62 Million | CN¥102.64 Million | 0.245x | +14.04% |
| 2017-12-31 | CN¥338.44 Million | CN¥72.59 Million | 0.214x | +6.66% |
| 2016-12-31 | CN¥271.61 Million | CN¥54.62 Million | 0.201x | -- |