Shenzhen Tongye Technology Co.Ltd. (300960) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Shenzhen Tongye Technology Co.Ltd. (300960) has a cash flow conversion efficiency ratio of -0.016x 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¥-9.70 Million ≈ $-1.42 Million USD) by net assets (CN¥602.93 Million ≈ $88.23 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Shenzhen Tongye Technology Co.Ltd. - Cash Flow Conversion Efficiency Trend (2013–2024)
This chart illustrates how Shenzhen Tongye Technology Co.Ltd.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Read Shenzhen Tongye Technology Co.Ltd. (300960) total liabilities for a breakdown of total debt and financial obligations.
Shenzhen Tongye Technology Co.Ltd. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Shenzhen Tongye Technology Co.Ltd. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Yeo Teknoloji Enerji ve Endustri AS
IS:YEOTK
|
-0.363x |
|
Lihe Technology
SHE:300800
|
-0.005x |
|
Advanced Power Electronics Corp
TW:8261
|
-0.011x |
|
Jiangsu Yabang Dyestuff Co Ltd
SHG:603188
|
-0.081x |
|
Qijing Machinery
SHG:603677
|
0.056x |
|
AGI Greenpac Limited
NSE:AGI
|
-0.038x |
|
Indigo Paints Limited
NSE:INDIGOPNTS
|
0.027x |
|
Nanhua Bio Medicine Co Ltd
SHE:000504
|
0.062x |
Annual Cash Flow Conversion Efficiency for Shenzhen Tongye Technology Co.Ltd. (2013–2024)
The table below shows the annual cash flow conversion efficiency of Shenzhen Tongye Technology Co.Ltd. from 2013 to 2024. For the full company profile with market capitalisation and key ratios, see 300960 market cap overview.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥619.94 Million ≈ $90.72 Million |
CN¥82.18 Million ≈ $12.03 Million |
0.133x | +103.23% |
| 2023-12-31 | CN¥637.88 Million ≈ $93.34 Million |
CN¥41.61 Million ≈ $6.09 Million |
0.065x | -39.26% |
| 2022-12-31 | CN¥639.25 Million ≈ $93.54 Million |
CN¥68.64 Million ≈ $10.04 Million |
0.107x | +241.07% |
| 2021-12-31 | CN¥637.41 Million ≈ $93.27 Million |
CN¥-48.52 Million ≈ $-7.10 Million |
-0.076x | -136.19% |
| 2020-12-31 | CN¥365.65 Million ≈ $53.51 Million |
CN¥76.91 Million ≈ $11.25 Million |
0.210x | +38.09% |
| 2019-12-31 | CN¥294.00 Million ≈ $43.02 Million |
CN¥44.78 Million ≈ $6.55 Million |
0.152x | -31.84% |
| 2018-12-31 | CN¥244.95 Million ≈ $35.84 Million |
CN¥54.74 Million ≈ $8.01 Million |
0.223x | -4.88% |
| 2017-12-31 | CN¥212.73 Million ≈ $31.13 Million |
CN¥49.98 Million ≈ $7.31 Million |
0.235x | +47.44% |
| 2016-12-31 | CN¥183.31 Million ≈ $26.82 Million |
CN¥29.21 Million ≈ $4.27 Million |
0.159x | +2.87% |
| 2015-12-31 | CN¥154.34 Million ≈ $22.58 Million |
CN¥23.91 Million ≈ $3.50 Million |
0.155x | +26.21% |
| 2014-12-31 | CN¥141.71 Million ≈ $20.74 Million |
CN¥17.39 Million ≈ $2.55 Million |
0.123x | -43.40% |
| 2013-12-31 | CN¥101.34 Million ≈ $14.83 Million |
CN¥21.98 Million ≈ $3.22 Million |
0.217x | -- |
About Shenzhen Tongye Technology Co.Ltd.
Shenzhen Tongye Technology Co.,Ltd. engages in the design, research and development, manufacture, sale, after-sales, and maintenance services of rail transit locomotive and vehicle electrical products in China. The company offers power products, such as power supply cabinets, chargers, emergency ventilation and auxiliary inverters, train and auxiliary power supply cabinets, on-board bidirectional… Read more