Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd. (301289) - 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. See Shanghai National Center of Testing and (301289) net asset quality to measure how much of total assets are equity-financed.
Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd. - Cash Flow Conversion Efficiency Trend (2019–2025)
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. Check 301289 cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Natural Gas Services Group Inc
NYSE:NGS
|
0.062x |
|
Styrenix Performance Materials Limited
NSE:STYRENIX
|
-0.052x |
|
Shanghai HiTech Control System
SHE:002184
|
-0.100x |
|
Gemtek Technology Co Ltd
TW:4906
|
0.095x |
|
Calavo Growers Inc
NASDAQ:CVGW
|
-0.042x |
|
Shanghai Sunglow Packaging Technology Co Ltd Co Ltd Class A
SHG:603499
|
0.070x |
|
Vishnu Chemicals Limited
NSE:VISHNU
|
0.085x |
|
Ion Beam Applications SA
BR:IBAB
|
-0.314x |
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. For the full company profile with market capitalisation and key ratios, see how much is Shanghai National Center of Testing and worth.
| 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 measurement, capability verification, and certification services for wires and cables, optical fiber cables, and their components. It also provides professional training, inspection and supe… Read more