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.
Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd. - Cash Flow Conversion Efficiency Trend (2019–2024)
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. See Shanghai National Center of Testing and book value and equity for net asset value and shareholders' equity analysis.
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 |
|---|---|
|
Cachet Pharmaceutical Co Ltd
SHE:002462
|
0.078x |
|
Nepes Corporation
KQ:033640
|
0.041x |
|
DRI Healthcare Trust
TO:DHT-U
|
0.053x |
|
Groupe CRIT SA
PA:CEN
|
0.112x |
|
Sparebanken Møre
OL:MORG
|
0.026x |
|
HIVE Digital Technologies Ltd
NASDAQ:HIVE
|
-0.017x |
|
Guangxi Nanning Waterworks Co
SHG:601368
|
0.039x |
|
BRASKEM PFD ADR/2 O.N.
F:BRD
|
0.055x |
Annual Cash Flow Conversion Efficiency for Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd. (2019–2024)
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 2024. For the full company profile with market capitalisation and key ratios, see Shanghai National Center of Testing and (301289) total market value.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 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