Shengtak New Material Co Ltd
Shengtak New Material Co., Ltd engages in the research and development, production, and sale of seamless steel pipes for use in industrial energy equipment in China and internationally. The company offers seamless steel tubes, which include alloy steel, stainless steel, and carbon steel pipes. It also provides cold rolled precision steel, cold-drawn low-carbon, fluid transportation, integrated sp… Read more
Shengtak New Material Co Ltd (300881) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: -0.103x
Based on the latest financial reports, Shengtak New Material Co Ltd (300881) has a cash flow conversion efficiency ratio of -0.103x 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¥-124.75 Million) by net assets (CN¥1.21 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Shengtak New Material Co Ltd - Cash Flow Conversion Efficiency Trend (2008–2024)
This chart illustrates how Shengtak New Material 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.
Shengtak New Material Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Shengtak New Material Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Mi Technovation Berhad
PINK:MITNF
|
0.026x |
|
Yingde Greatchem Chemicals Co. Ltd. A
SHE:300804
|
N/A |
|
Entrepreneur Universe Bright Group
PINK:EUBG
|
0.035x |
|
Henan BCCY Environmental Energy Co. Ltd
SHE:300614
|
N/A |
|
Shandong Huapeng Glass Co Ltd
SHG:603021
|
0.035x |
|
OmniAb Inc.
NASDAQ:OABI
|
-0.035x |
|
Pharmagest Interactive
LSE:0R9T
|
0.191x |
|
Xiangtan Yongda Mach Mnfg Co
SHE:001239
|
N/A |
Annual Cash Flow Conversion Efficiency for Shengtak New Material Co Ltd (2008–2024)
The table below shows the annual cash flow conversion efficiency of Shengtak New Material Co Ltd from 2008 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥1.16 Billion | CN¥-205.41 Million | -0.177x | -2079.55% |
| 2023-12-31 | CN¥1.07 Billion | CN¥9.55 Million | 0.009x | +102.43% |
| 2022-12-31 | CN¥839.02 Million | CN¥-309.50 Million | -0.369x | +1.75% |
| 2021-12-31 | CN¥776.09 Million | CN¥-291.39 Million | -0.375x | -322.83% |
| 2020-12-31 | CN¥736.82 Million | CN¥-65.43 Million | -0.089x | -133.40% |
| 2019-12-31 | CN¥372.45 Million | CN¥99.03 Million | 0.266x | +23.00% |
| 2018-12-31 | CN¥302.80 Million | CN¥65.46 Million | 0.216x | -9.18% |
| 2017-12-31 | CN¥241.75 Million | CN¥57.54 Million | 0.238x | +290.48% |
| 2016-12-31 | CN¥211.82 Million | CN¥-26.47 Million | -0.125x | -221.96% |
| 2014-12-31 | CN¥239.57 Million | CN¥24.55 Million | 0.102x | +153.24% |
| 2013-12-31 | CN¥211.57 Million | CN¥8.56 Million | 0.040x | -72.16% |
| 2012-12-31 | CN¥187.69 Million | CN¥27.28 Million | 0.145x | +256.44% |
| 2011-12-31 | CN¥172.08 Million | CN¥-15.99 Million | -0.093x | -3540.72% |
| 2010-12-31 | CN¥135.38 Million | CN¥365.50K | 0.003x | -99.50% |
| 2009-12-31 | CN¥127.15 Million | CN¥68.55 Million | 0.539x | +7.39% |
| 2008-12-31 | CN¥100.77 Million | CN¥50.59 Million | 0.502x | -- |