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. Also see Shanghai National Center of Testing and market cap and net worth for the company's overall valuation and market capitalisation.
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.
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. Explore 301289 operating cash flow to net income to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Zhejiang Kanglongda Special
SHG:603665
|
0.024x |
|
Wam Global Ltd
AU:WGB
|
0.044x |
|
AgomAb Therapeutics NV American Depositary Shares
NASDAQ:AGMB
|
-0.085x |
|
Masoval AS
OL:MAS
|
0.159x |
|
Concord International Securities Co Ltd
TWO:5864
|
-0.119x |
|
Dymatic Chemicals Inc
SHE:002054
|
0.019x |
|
Fujian SuperTech Advanced Material Co Ltd
SHG:688398
|
0.016x |
|
PTC India Limited
NSE:PTC
|
0.317x |
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. View Shanghai National Center of Testing and (301289) stock price for real-time trading data and today's change.
| 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