Shanghai Prosolar Resources Development Co Ltd (600193) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Shanghai Prosolar Resources Development Co Ltd (600193) has a cash flow conversion efficiency ratio of -0.028x 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¥-8.95 Million ≈ $-1.31 Million USD) by net assets (CN¥320.33 Million ≈ $46.87 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 Prosolar Resources Development balance sheet quality to measure how much of total assets are equity-financed.
Shanghai Prosolar Resources Development Co Ltd - Cash Flow Conversion Efficiency Trend (2000–2024)
This chart illustrates how Shanghai Prosolar Resources Development Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Shanghai Prosolar Resources Development earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.
Shanghai Prosolar Resources Development Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Shanghai Prosolar Resources Development Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Youxin Technology Ltd Class A Ordinary shares
NASDAQ:YAAS
|
-0.202x |
|
KYM Holdings Bhd
KLSE:8362
|
-0.075x |
|
MISSION GROUP PLC LS -10
F:M7K
|
N/A |
|
Bioleaders Corporation
KQ:142760
|
-0.037x |
|
Nexen Corp
KO:005725
|
0.073x |
|
Sweden BuyersClub AB
ST:BUY
|
0.227x |
|
The Agency Group Australia Ltd
AU:AU1
|
1.111x |
|
ClearOne Inc
NASDAQ:CLRO
|
-2.656x |
Annual Cash Flow Conversion Efficiency for Shanghai Prosolar Resources Development Co Ltd (2000–2024)
The table below shows the annual cash flow conversion efficiency of Shanghai Prosolar Resources Development Co Ltd from 2000 to 2024. For the full company profile with market capitalisation and key ratios, see Shanghai Prosolar Resources Development (600193) market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥103.56 Million ≈ $15.15 Million |
CN¥-6.78 Million ≈ $-992.56K |
-0.065x | +43.06% |
| 2023-12-31 | CN¥296.80 Million ≈ $43.43 Million |
CN¥-34.14 Million ≈ $-5.00 Million |
-0.115x | +44.67% |
| 2022-12-31 | CN¥318.46 Million ≈ $46.60 Million |
CN¥-66.21 Million ≈ $-9.69 Million |
-0.208x | -633.81% |
| 2021-12-31 | CN¥351.40 Million ≈ $51.42 Million |
CN¥-9.96 Million ≈ $-1.46 Million |
-0.028x | +79.54% |
| 2020-12-31 | CN¥326.99 Million ≈ $47.85 Million |
CN¥-45.28 Million ≈ $-6.63 Million |
-0.138x | -183.54% |
| 2019-12-31 | CN¥263.88 Million ≈ $38.61 Million |
CN¥43.74 Million ≈ $6.40 Million |
0.166x | +296.22% |
| 2018-12-31 | CN¥213.41 Million ≈ $31.23 Million |
CN¥-18.03 Million ≈ $-2.64 Million |
-0.084x | -24.97% |
| 2017-12-31 | CN¥181.64 Million ≈ $26.58 Million |
CN¥-12.28 Million ≈ $-1.80 Million |
-0.068x | -414.96% |
| 2016-12-31 | CN¥257.82 Million ≈ $37.73 Million |
CN¥5.53 Million ≈ $809.77K |
0.021x | +129.22% |
| 2015-12-31 | CN¥383.99 Million ≈ $56.19 Million |
CN¥-28.21 Million ≈ $-4.13 Million |
-0.073x | -474.05% |
| 2012-12-31 | CN¥535.19 Million ≈ $78.32 Million |
CN¥10.51 Million ≈ $1.54 Million |
0.020x | -94.48% |
| 2009-12-31 | CN¥332.76 Million ≈ $48.69 Million |
CN¥118.30 Million ≈ $17.31 Million |
0.356x | +103.96% |
| 2006-12-31 | CN¥306.23 Million ≈ $44.81 Million |
CN¥53.38 Million ≈ $7.81 Million |
0.174x | -41.25% |
| 2005-12-31 | CN¥312.24 Million ≈ $45.69 Million |
CN¥92.65 Million ≈ $13.56 Million |
0.297x | +12.82% |
| 2004-12-31 | CN¥303.95 Million ≈ $44.48 Million |
CN¥79.94 Million ≈ $11.70 Million |
0.263x | +223.48% |
| 2002-12-31 | CN¥300.19 Million ≈ $43.93 Million |
CN¥24.41 Million ≈ $3.57 Million |
0.081x | -72.79% |
| 2001-12-31 | CN¥291.53 Million ≈ $42.66 Million |
CN¥87.12 Million ≈ $12.75 Million |
0.299x | +303.15% |
| 2000-12-31 | CN¥303.30 Million ≈ $44.38 Million |
CN¥22.48 Million ≈ $3.29 Million |
0.074x | -- |
About Shanghai Prosolar Resources Development Co Ltd
Shanghai Prosolar Resources Development Co., Ltd provides interior decoration, infrastructure engineering, visual design services for building construction, and sale of supporting products for the curtain wall and door and window projects in China. Shanghai Prosolar Resources Development Co., Ltd was founded in 1996 and is based in Shanghai, China.