Sinomag Technology Co Ltd (300835) - Cash Flow Conversion Efficiency

Latest 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 ≈ $1.97 Million USD) by net assets (CN¥1.04 Billion ≈ $151.93 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 Sinomag Technology Co Ltd net asset quality index to measure how much of total assets are equity-financed.

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. Check Sinomag Technology Co Ltd (300835) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.

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
Beam Therapeutics Inc NASDAQ:BEAM	-0.110x
Societatea Energetica Electrica SA RO:EL	0.067x
Miami International Holdings, Inc. NYSE:MIAX	0.066x
Grupa KĘTY SA WAR:KTY	0.134x
Wingtech Technology Co Ltd SHG:600745	0.048x
Hengan International Group Company Limited F:HGNC	0.067x
Amedisys Inc NASDAQ:AMED	0.053x
Zhende Medical Co Ltd SHG:603301	0.017x

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. For the full company profile with market capitalisation and key ratios, see 300835 company net worth.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CN¥1.10 Billion ≈ $161.61 Million	CN¥195.30 Million ≈ $28.58 Million	0.177x	+466.87%
2023-12-31	CN¥1.10 Billion ≈ $161.09 Million	CN¥34.34 Million ≈ $5.03 Million	0.031x	+113.65%
2022-12-31	CN¥994.75 Million ≈ $145.56 Million	CN¥14.53 Million ≈ $2.13 Million	0.015x	-81.31%
2021-12-31	CN¥952.78 Million ≈ $139.42 Million	CN¥74.45 Million ≈ $10.89 Million	0.078x	+15.17%
2020-12-31	CN¥836.85 Million ≈ $122.46 Million	CN¥56.78 Million ≈ $8.31 Million	0.068x	-35.53%
2019-12-31	CN¥535.53 Million ≈ $78.36 Million	CN¥56.36 Million ≈ $8.25 Million	0.105x	-56.97%
2018-12-31	CN¥419.62 Million ≈ $61.40 Million	CN¥102.64 Million ≈ $15.02 Million	0.245x	+14.04%
2017-12-31	CN¥338.44 Million ≈ $49.52 Million	CN¥72.59 Million ≈ $10.62 Million	0.214x	+6.66%
2016-12-31	CN¥271.61 Million ≈ $39.74 Million	CN¥54.62 Million ≈ $7.99 Million	0.201x	--

About Sinomag Technology Co Ltd

SHE:300835 China Electrical Equipment & Parts

Market Cap

$3.32 Billion

CN¥22.72 Billion CNY

Market Cap Rank

#4700 Global

#830 in China

Share Price

CN¥190.50

Change (1 day)

-5.70%

52-Week Range

CN¥40.36 - CN¥253.15

All Time High

CN¥253.15