COFCO Engineering & Technology Co Ltd (301058) - 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. See how leveraged is COFCO Engineering & Technology Co Ltd's balance sheet to measure how much of total assets are equity-financed.
COFCO Engineering & Technology Co Ltd - Cash Flow Conversion Efficiency Trend (2017–2024)
This chart illustrates how COFCO Engineering & Technology Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check 301058 cash flow quality score to evaluate the quality of earnings relative to operating cash generation.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Total Energy Services Inc.
TO:TOT
|
0.099x |
|
Suzhou Delphi Laser Co. Ltd. A
SHG:688170
|
N/A |
|
HomeTrust Bancshares, Inc.
NASDAQ:HTB
|
0.127x |
|
First Hi-tec Enterprise Co Ltd
TWO:5439
|
0.065x |
|
Akfen Yenilenebilir Enerji A.S.
IS:AKFYE
|
0.050x |
|
Personalis Inc
NASDAQ:PSNL
|
-0.087x |
|
Cashway Technology Co Ltd
SHG:603106
|
-0.014x |
|
Cosonic Intelligent Tech Co Ltd
SHE:300793
|
-0.026x |
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. For the full company profile with market capitalisation and key ratios, see COFCO Engineering & Technology Co Ltd (301058) market capitalisation.
| 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