COFCO Engineering & Technology Co Ltd Cash Flow Conversion Efficiency
COFCO Engineering & Technology Co Ltd cash flow conversion efficiency. Based on the latest financial reports, COFCO Engineering & Technology Co Ltd (301058) has a cash flow conversion efficiency ratio of 0.018x 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¥35.20 Million ≈ $5.15 Million USD) by net assets (CN¥2.00 Billion ≈ $292.43 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of COFCO Engineering & Technology Co Ltd (2017–2024)
Cash flow conversion efficiency of COFCO Engineering & Technology Co Ltd from 2017 to 2024. This chart illustrates how COFCO Engineering & Technology Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. View COFCO Engineering & Technology Co Ltd (301058) share price today for real-time trading data and today's change.
COFCO Engineering & Technology Co Ltd Cash Flow Conversion Ratio Explained
COFCO Engineering & Technology Co Ltd cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
COFCO Engineering & Technology Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of COFCO Engineering & Technology Co Ltd ranked by their cash flow conversion efficiency. Also see 301058 stock market capitalisation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Zhejiang Entive Smart Kitchen Appliance Co. Ltd.
SHE:300911
|
0.098x |
|
Alligo AB Series B
ST:ALLIGO-B
|
0.053x |
|
Sheela Foam Limited
NSE:SFL
|
0.036x |
|
Gladstone Investment Corporation
NASDAQ:GAIN
|
-0.228x |
|
Xilong Chemical Co Ltd
SHE:002584
|
-0.008x |
|
T1 Energy Inc.
NYSE:TE
|
0.410x |
|
Zhejiang Sunflower Light Energy
SHE:300111
|
0.003x |
|
MTY Food Group Inc
TO:MTY
|
0.048x |
Annual Cash Flow Conversion Efficiency for COFCO Engineering & Technology Co Ltd (2017–2024)
The table below shows the annual cash flow conversion efficiency of COFCO Engineering & Technology Co Ltd from 2017 to 2024. Review COFCO Engineering & Technology Co Ltd free cash flow efficiency to assess how much free cash flow the company generates relative to operating cash flow.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥2.29 Billion ≈ $335.73 Million |
CN¥514.29 Million ≈ $75.26 Million |
0.224x | +10.77% |
| 2023-12-31 | CN¥2.14 Billion ≈ $312.87 Million |
CN¥432.67 Million ≈ $63.31 Million |
0.202x | +209.09% |
| 2022-12-31 | CN¥2.02 Billion ≈ $295.17 Million |
CN¥132.06 Million ≈ $19.32 Million |
0.065x | -52.03% |
| 2021-12-31 | CN¥1.91 Billion ≈ $279.87 Million |
CN¥261.05 Million ≈ $38.20 Million |
0.136x | -18.14% |
| 2020-12-31 | CN¥1.39 Billion ≈ $203.05 Million |
CN¥231.37 Million ≈ $33.86 Million |
0.167x | +118.00% |
| 2019-12-31 | CN¥1.17 Billion ≈ $170.89 Million |
CN¥89.32 Million ≈ $13.07 Million |
0.076x | +156.06% |
| 2018-12-31 | CN¥970.04 Million ≈ $141.95 Million |
CN¥-132.34 Million ≈ $-19.37 Million |
-0.136x | -513.32% |
| 2017-12-31 | CN¥924.51 Million ≈ $135.29 Million |
CN¥30.52 Million ≈ $4.47 Million |
0.033x | -- |
About COFCO Engineering & Technology Co Ltd
COFCO Technology & Industry Co., Ltd., a scientific and technological company, operates as an agricultural food engineering technology service provider in China and internationally. The company engages in the consultation and design business, including engineering design and engineering consulting in the field of agricultural and food product processing engineering; and agricultural and food prod… Read more