Shenzhen Expressway Co Ltd (600548) - Cash Flow Conversion Efficiency

Latest as of December 2025: 0.045x

Based on the latest financial reports, Shenzhen Expressway Co Ltd (600548) has a cash flow conversion efficiency ratio of 0.045x as of December 2025. 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¥1.27 Billion ≈ $185.12 Million USD) by net assets (CN¥28.28 Billion ≈ $4.14 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See how leveraged is Shenzhen Expressway Co Ltd's balance sheet to measure how much of total assets are equity-financed.

Shenzhen Expressway Co Ltd - Cash Flow Conversion Efficiency Trend (1998–2025)

This chart illustrates how Shenzhen Expressway Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Shenzhen Expressway Co Ltd (600548) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.

Shenzhen Expressway Co Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Shenzhen Expressway Co Ltd ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Triveni Turbine Limited NSE:TRITURBINE	0.030x
Pan Ocean Co Ltd KO:028670	0.030x
Elite Advanced Laser Corp TW:3450	0.073x
Diamondrock Hospitality Company Common Stock NYSE:DRH	0.015x
Northwest Bancshares Inc NASDAQ:NWBI	0.039x
Smartfit Escola de Ginástica e Dança S.A SA:SMFT3	0.112x
Dentsply Sirona Inc NASDAQ:XRAY	0.030x
Ströer SE & Co. KGaA F:SAX	0.231x

Annual Cash Flow Conversion Efficiency for Shenzhen Expressway Co Ltd (1998–2025)

The table below shows the annual cash flow conversion efficiency of Shenzhen Expressway Co Ltd from 1998 to 2025. For the full company profile with market capitalisation and key ratios, see Shenzhen Expressway Co Ltd market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	CN¥28.28 Billion ≈ $4.14 Billion	CN¥5.34 Billion ≈ $781.29 Million	0.189x	+38.14%
2024-12-31	CN¥27.20 Billion ≈ $3.98 Billion	CN¥3.72 Billion ≈ $543.96 Million	0.137x	-6.56%
2023-12-31	CN¥28.00 Billion ≈ $4.10 Billion	CN¥4.09 Billion ≈ $599.20 Million	0.146x	+18.76%
2022-12-31	CN¥27.36 Billion ≈ $4.00 Billion	CN¥3.37 Billion ≈ $493.06 Million	0.123x	-13.23%
2021-12-31	CN¥27.77 Billion ≈ $4.06 Billion	CN¥3.94 Billion ≈ $576.77 Million	0.142x	+238.87%
2020-12-31	CN¥26.28 Billion ≈ $3.85 Billion	CN¥1.10 Billion ≈ $161.06 Million	0.042x	-50.44%
2019-12-31	CN¥20.72 Billion ≈ $3.03 Billion	CN¥1.75 Billion ≈ $256.29 Million	0.085x	-48.75%
2018-12-31	CN¥19.54 Billion ≈ $2.86 Billion	CN¥3.22 Billion ≈ $471.51 Million	0.165x	-2.23%
2017-12-31	CN¥15.77 Billion ≈ $2.31 Billion	CN¥2.66 Billion ≈ $389.34 Million	0.169x	+16.68%
2016-12-31	CN¥14.71 Billion ≈ $2.15 Billion	CN¥2.13 Billion ≈ $311.19 Million	0.145x	+22.08%
2015-12-31	CN¥14.96 Billion ≈ $2.19 Billion	CN¥1.77 Billion ≈ $259.23 Million	0.118x	-13.39%
2014-12-31	CN¥13.12 Billion ≈ $1.92 Billion	CN¥1.79 Billion ≈ $262.48 Million	0.137x	-12.76%
2013-12-31	CN¥11.24 Billion ≈ $1.64 Billion	CN¥1.76 Billion ≈ $257.72 Million	0.157x	+11.32%
2012-12-31	CN¥10.87 Billion ≈ $1.59 Billion	CN¥1.53 Billion ≈ $223.98 Million	0.141x	-2.01%
2011-12-31	CN¥10.50 Billion ≈ $1.54 Billion	CN¥1.51 Billion ≈ $220.69 Million	0.144x	-17.08%
2010-12-31	CN¥9.34 Billion ≈ $1.37 Billion	CN¥1.62 Billion ≈ $236.67 Million	0.173x	+96.96%
2009-12-31	CN¥8.87 Billion ≈ $1.30 Billion	CN¥779.94 Million ≈ $114.13 Million	0.088x	-28.31%
2008-12-31	CN¥7.71 Billion ≈ $1.13 Billion	CN¥945.87 Million ≈ $138.41 Million	0.123x	+20.74%
2007-12-31	CN¥7.99 Billion ≈ $1.17 Billion	CN¥811.72 Million ≈ $118.78 Million	0.102x	-33.34%
2006-12-31	CN¥6.59 Billion ≈ $964.59 Million	CN¥1.00 Billion ≈ $147.04 Million	0.152x	+48.70%
2005-12-31	CN¥6.29 Billion ≈ $920.79 Million	CN¥645.10 Million ≈ $94.40 Million	0.103x	+21.14%
2004-12-31	CN¥6.04 Billion ≈ $884.53 Million	CN¥511.54 Million ≈ $74.85 Million	0.085x	+17.17%
2003-12-31	CN¥5.97 Billion ≈ $874.21 Million	CN¥431.49 Million ≈ $63.14 Million	0.072x	-15.16%
2002-12-31	CN¥5.18 Billion ≈ $758.36 Million	CN¥441.20 Million ≈ $64.56 Million	0.085x	-24.65%
2001-12-31	CN¥5.09 Billion ≈ $744.96 Million	CN¥575.22 Million ≈ $84.17 Million	0.113x	+12.52%
2000-12-31	CN¥4.30 Billion ≈ $628.78 Million	CN¥431.48 Million ≈ $63.14 Million	0.100x	+9.00%
1999-12-31	CN¥4.16 Billion ≈ $609.31 Million	CN¥383.61 Million ≈ $56.13 Million	0.092x	+14.35%
1998-12-31	CN¥4.10 Billion ≈ $599.92 Million	CN¥330.30 Million ≈ $48.33 Million	0.081x	--

About Shenzhen Expressway Co Ltd

SHG:600548 China Infrastructure Operations

Market Cap

$2.19 Billion

CN¥14.95 Billion CNY

Market Cap Rank

#5879 Global

#1129 in China

Share Price

CN¥8.35

Change (1 day)

-0.83%

52-Week Range

CN¥8.13 - CN¥10.72

All Time High

CN¥13.52