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 Shenzhen Expressway Co Ltd defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.

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.

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
Nextnav Acquisition Corp NASDAQ:NN	0.405x
KEYMED BIOSCIENCES -0001 F:64Z	N/A
Royce Value Closed Fund NYSE:RVT	0.001x
Netcompany Group A/S CO:NETC	0.024x
SMA Solar Technology AG F:S92	-0.017x
Wafer Works TWO:6182	0.005x
Dunelm Group plc F:DFQ	0.411x
IMMOFINANZ AG VI:IIA	0.061x

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 how much is Shenzhen Expressway Co Ltd worth.

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

$2.17 Billion

CN¥14.82 Billion CNY

Market Cap Rank

#6037 Global

#1255 in China

Share Price

CN¥8.28

Change (1 day)

-2.93%

52-Week Range

CN¥8.28 - CN¥10.72

All Time High

CN¥13.52