Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd. Cash Flow Conversion Efficiency
Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd. cash flow conversion efficiency. Based on the latest financial reports, Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd. (301289) has a cash flow conversion efficiency ratio of -0.004x as of June 2022. 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¥-3.08 Million ≈ $-450.17K USD) by net assets (CN¥848.89 Million ≈ $124.22 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 Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd. (2019–2025)
Cash flow conversion efficiency of Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd. from 2019 to 2025. This chart illustrates how Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. View 301289 stock price and chart for real-time trading data and today's change.
Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd. Cash Flow Conversion Ratio Explained
Shanghai National Center of Testing and Inspection for Electric Cable and Wire 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.
Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd. ranked by their cash flow conversion efficiency. Also see Shanghai National Center of Testing and stock valuation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Capital Futures Corp
TW:6024
|
0.114x |
|
Zhejiang Kanglongda Special
SHG:603665
|
0.024x |
|
St Barbara Limited
F:BM1
|
0.008x |
|
RPG Life Sciences Limited
NSE:RPGLIFE
|
0.019x |
|
GENERAL Elevator Co. Ltd.
SHE:300931
|
0.001x |
|
Citychamp Dartong Co Ltd
SHG:600067
|
0.213x |
|
Jinxiandai Information Industry Co
SHE:300830
|
0.012x |
|
DINGDONG CAYMAN 2ADR/3 A
F:945
|
0.279x |
Annual Cash Flow Conversion Efficiency for Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd. (2019–2025)
The table below shows the annual cash flow conversion efficiency of Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd. from 2019 to 2025. Review Shanghai National Center of Testing and free cash flow ratio 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 |
|---|---|---|---|---|
| 2025-12-31 | CN¥1.09 Billion ≈ $160.03 Million |
CN¥173.65 Million ≈ $25.41 Million |
0.159x | -2.97% |
| 2024-12-31 | CN¥1.06 Billion ≈ $154.45 Million |
CN¥172.72 Million ≈ $25.27 Million |
0.164x | +21.58% |
| 2023-12-31 | CN¥1.01 Billion ≈ $148.47 Million |
CN¥136.56 Million ≈ $19.98 Million |
0.135x | +30.97% |
| 2022-12-31 | CN¥959.05 Million ≈ $140.34 Million |
CN¥98.56 Million ≈ $14.42 Million |
0.103x | -65.94% |
| 2021-12-31 | CN¥394.27 Million ≈ $57.69 Million |
CN¥118.97 Million ≈ $17.41 Million |
0.302x | +38.50% |
| 2020-12-31 | CN¥316.42 Million ≈ $46.30 Million |
CN¥68.94 Million ≈ $10.09 Million |
0.218x | -24.30% |
| 2019-12-31 | CN¥260.88 Million ≈ $38.17 Million |
CN¥75.08 Million ≈ $10.99 Million |
0.288x | -- |
About Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd.
Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co., Ltd provides inspection and testing services in China and internationally. The company offers inspection, testing, equipment metrology, proficiency testing, and certification services for wires, cables, and optical fiber cables. It also provides professional technical services comprising training, inspection and s… Read more