Shinva Medical Instrument Co Ltd (600587) - Cash Flow Conversion Efficiency

Latest as of September 2025: -0.003x

Based on the latest financial reports, Shinva Medical Instrument Co Ltd (600587) has a cash flow conversion efficiency ratio of -0.003x as of September 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¥-23.00 Million ≈ $-3.37 Million USD) by net assets (CN¥8.16 Billion ≈ $1.19 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 Shinva Medical Instrument Co Ltd (600587) net asset quality to measure how much of total assets are equity-financed.

Shinva Medical Instrument Co Ltd - Cash Flow Conversion Efficiency Trend (2001–2024)

This chart illustrates how Shinva Medical Instrument Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check how high is Shinva Medical Instrument Co Ltd's earnings quality to evaluate the quality of earnings relative to operating cash generation.

Shinva Medical Instrument Co Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Shinva Medical Instrument Co Ltd ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
SANOFI CONS HEALTHC IND L NSE:SANOFICONR	0.409x
Day One Biopharmaceuticals Inc NASDAQ:DAWN	-0.013x
SBFC Finance Limited NSE:SBFC	-0.243x
Sichuan Haite High-tech Co Ltd SHE:002023	0.002x
Metals X Ltd AU:MLX	0.134x
Columbia Financial Inc NASDAQ:CLBK	0.021x
Daou Tech KO:023590	0.125x
Japfa Comfeed Indonesia Tbk JK:JPFA	0.005x

Annual Cash Flow Conversion Efficiency for Shinva Medical Instrument Co Ltd (2001–2024)

The table below shows the annual cash flow conversion efficiency of Shinva Medical Instrument Co Ltd from 2001 to 2024. For the full company profile with market capitalisation and key ratios, see how much is Shinva Medical Instrument Co Ltd worth.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CN¥7.98 Billion ≈ $1.17 Billion	CN¥450.73 Million ≈ $65.96 Million	0.056x	-57.68%
2023-12-31	CN¥7.72 Billion ≈ $1.13 Billion	CN¥1.03 Billion ≈ $150.74 Million	0.133x	+99.08%
2022-12-31	CN¥5.79 Billion ≈ $847.16 Million	CN¥388.05 Million ≈ $56.78 Million	0.067x	-74.82%
2021-12-31	CN¥5.27 Billion ≈ $770.94 Million	CN¥1.40 Billion ≈ $205.24 Million	0.266x	+17.78%
2020-12-31	CN¥4.86 Billion ≈ $710.89 Million	CN¥1.10 Billion ≈ $160.69 Million	0.226x	+68.13%
2019-12-31	CN¥4.69 Billion ≈ $686.71 Million	CN¥630.91 Million ≈ $92.32 Million	0.134x	-14.35%
2018-12-31	CN¥4.16 Billion ≈ $608.98 Million	CN¥653.22 Million ≈ $95.59 Million	0.157x	-31.63%
2017-12-31	CN¥4.13 Billion ≈ $603.67 Million	CN¥947.09 Million ≈ $138.59 Million	0.230x	+388.74%
2016-12-31	CN¥4.02 Billion ≈ $587.98 Million	CN¥188.75 Million ≈ $27.62 Million	0.047x	+68.75%
2015-12-31	CN¥3.97 Billion ≈ $580.54 Million	CN¥110.43 Million ≈ $16.16 Million	0.028x	+84.66%
2014-12-31	CN¥3.45 Billion ≈ $505.36 Million	CN¥52.06 Million ≈ $7.62 Million	0.015x	+83.59%
2013-12-31	CN¥2.72 Billion ≈ $398.43 Million	CN¥22.36 Million ≈ $3.27 Million	0.008x	+22.76%
2012-12-31	CN¥1.62 Billion ≈ $237.76 Million	CN¥10.87 Million ≈ $1.59 Million	0.007x	+126.05%
2011-12-31	CN¥871.17 Million ≈ $127.48 Million	CN¥-22.37 Million ≈ $-3.27 Million	-0.026x	-116.07%
2010-12-31	CN¥777.06 Million ≈ $113.71 Million	CN¥124.16 Million ≈ $18.17 Million	0.160x	+6.75%
2009-12-31	CN¥710.12 Million ≈ $103.91 Million	CN¥106.29 Million ≈ $15.55 Million	0.150x	+99.27%
2008-12-31	CN¥656.12 Million ≈ $96.01 Million	CN¥49.29 Million ≈ $7.21 Million	0.075x	+235.04%
2007-12-31	CN¥628.10 Million ≈ $91.91 Million	CN¥-34.94 Million ≈ $-5.11 Million	-0.056x	-134.99%
2006-12-31	CN¥365.69 Million ≈ $53.51 Million	CN¥58.14 Million ≈ $8.51 Million	0.159x	+689.24%
2005-12-31	CN¥344.98 Million ≈ $50.48 Million	CN¥-9.31 Million ≈ $-1.36 Million	-0.027x	-155.27%
2004-12-31	CN¥328.57 Million ≈ $48.08 Million	CN¥16.04 Million ≈ $2.35 Million	0.049x	+249.91%
2003-12-31	CN¥333.97 Million ≈ $48.87 Million	CN¥-10.88 Million ≈ $-1.59 Million	-0.033x	-137.36%
2002-12-31	CN¥294.23 Million ≈ $43.05 Million	CN¥25.65 Million ≈ $3.75 Million	0.087x	-51.36%
2001-12-31	CN¥90.65 Million ≈ $13.26 Million	CN¥16.25 Million ≈ $2.38 Million	0.179x	--

About Shinva Medical Instrument Co Ltd

SHG:600587 China Medical Devices

Market Cap

$1.13 Billion

CN¥7.72 Billion CNY

Market Cap Rank

#8402 Global

#1977 in China

Share Price

CN¥12.72

Change (1 day)

-1.40%

52-Week Range

CN¥11.60 - CN¥18.14

All Time High

CN¥38.58