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. View current stock price of Sinomag Technology Co Ltd for real-time trading data and today's change.

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. Also see Sinomag Technology Co Ltd stock valuation for the company's overall valuation and market capitalisation.

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. Also see balance sheet size of Sinomag Technology Co Ltd for a full breakdown of the balance sheet.

Company	Cash Flow Conversion Efficiency
SpareBank 1 Østlandet OL:SPOL	-0.018x
HeiLongJiang Kingland Technology Co Ltd SHE:000711	-0.014x
Union Bank of Taiwan TW:2838	-0.031x
Guangzhou Baiyun International Airport Co Ltd SHG:600004	0.048x
Aura Minerals Inc TO:ORA	0.571x
Patrick Industries Inc NASDAQ:PATK	0.110x
CarGurus NASDAQ:CARG	0.622x
Universal Microwave Technology TWO:3491	0.052x

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. Review Sinomag Technology Co Ltd (300835) flexibility index to assess the company's free cash flow relative to its total liabilities.

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

$2.78 Billion

CN¥19.00 Billion CNY

Market Cap Rank

#5190 Global

#903 in China

Share Price

CN¥159.32

Change (1 day)

+1.31%

52-Week Range

CN¥52.59 - CN¥253.15

All Time High

CN¥253.15