Shanghai SMI Holding Co Ltd (600649) - Cash Flow Conversion Efficiency

Latest as of December 2025: 0.039x

Based on the latest financial reports, Shanghai SMI Holding Co Ltd (600649) has a cash flow conversion efficiency ratio of 0.039x 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¥852.42 Million ≈ $124.74 Million USD) by net assets (CN¥21.89 Billion ≈ $3.20 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 Shanghai SMI Holding Co Ltd balance sheet independence to measure how much of total assets are equity-financed.

Shanghai SMI Holding Co Ltd - Cash Flow Conversion Efficiency Trend (1998–2025)

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

Shanghai SMI Holding Co Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Shanghai SMI Holding Co Ltd ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Tibet Tianlu Co Ltd SHG:600326	0.030x
BlueNord ASA OL:BNOR	0.311x
Suzhou Victory Precision Manufacture Co Ltd SHE:002426	0.002x
Guangzhou Lingwe Technology Co. Ltd. A SHE:301373	N/A
Bell AG SW:BELL	0.170x
Inno Laser Technology Co. Ltd. SHE:301021	0.000x
Wam Leaders Ltd AU:WLE	0.048x
American Axle & Manufacturing NYSE:AXL	0.188x

Annual Cash Flow Conversion Efficiency for Shanghai SMI Holding Co Ltd (1998–2025)

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

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	CN¥21.89 Billion ≈ $3.20 Billion	CN¥2.25 Billion ≈ $329.64 Million	0.103x	-15.74%
2024-12-31	CN¥21.76 Billion ≈ $3.18 Billion	CN¥2.66 Billion ≈ $388.72 Million	0.122x	+25.80%
2023-12-31	CN¥21.59 Billion ≈ $3.16 Billion	CN¥2.10 Billion ≈ $306.67 Million	0.097x	+125.61%
2022-12-31	CN¥21.58 Billion ≈ $3.16 Billion	CN¥-8.18 Billion ≈ $-1.20 Billion	-0.379x	+33.44%
2021-12-31	CN¥22.26 Billion ≈ $3.26 Billion	CN¥-12.68 Billion ≈ $-1.86 Billion	-0.569x	-632.23%
2020-12-31	CN¥21.35 Billion ≈ $3.12 Billion	CN¥-1.66 Billion ≈ $-242.97 Million	-0.078x	+72.77%
2019-12-31	CN¥20.49 Billion ≈ $3.00 Billion	CN¥-5.85 Billion ≈ $-856.46 Million	-0.286x	-10180.87%
2018-12-31	CN¥20.00 Billion ≈ $2.93 Billion	CN¥56.66 Million ≈ $8.29 Million	0.003x	+110.83%
2017-12-31	CN¥20.35 Billion ≈ $2.98 Billion	CN¥-532.37 Million ≈ $-77.90 Million	-0.026x	-136.34%
2016-12-31	CN¥23.53 Billion ≈ $3.44 Billion	CN¥1.69 Billion ≈ $247.77 Million	0.072x	-56.52%
2015-12-31	CN¥20.66 Billion ≈ $3.02 Billion	CN¥3.42 Billion ≈ $500.41 Million	0.166x	+150.75%
2014-12-31	CN¥17.07 Billion ≈ $2.50 Billion	CN¥1.13 Billion ≈ $164.91 Million	0.066x	+64.81%
2013-12-31	CN¥15.39 Billion ≈ $2.25 Billion	CN¥616.34 Million ≈ $90.19 Million	0.040x	+174.62%
2012-12-31	CN¥14.60 Billion ≈ $2.14 Billion	CN¥-783.43 Million ≈ $-114.64 Million	-0.054x	-200.28%
2011-12-31	CN¥13.45 Billion ≈ $1.97 Billion	CN¥720.03 Million ≈ $105.36 Million	0.054x	+483.62%
2010-12-31	CN¥12.95 Billion ≈ $1.90 Billion	CN¥-180.76 Million ≈ $-26.45 Million	-0.014x	-135.68%
2009-12-31	CN¥11.32 Billion ≈ $1.66 Billion	CN¥442.65 Million ≈ $64.77 Million	0.039x	-86.29%
2008-12-31	CN¥10.65 Billion ≈ $1.56 Billion	CN¥3.04 Billion ≈ $444.45 Million	0.285x	+222.93%
2007-12-31	CN¥7.16 Billion ≈ $1.05 Billion	CN¥632.26 Million ≈ $92.52 Million	0.088x	-9.84%
2006-12-31	CN¥6.47 Billion ≈ $947.14 Million	CN¥634.00 Million ≈ $92.77 Million	0.098x	+16.52%
2005-12-31	CN¥6.07 Billion ≈ $887.74 Million	CN¥509.97 Million ≈ $74.62 Million	0.084x	-21.52%
2004-12-31	CN¥5.79 Billion ≈ $846.69 Million	CN¥619.76 Million ≈ $90.69 Million	0.107x	-12.94%
2003-12-31	CN¥5.45 Billion ≈ $797.10 Million	CN¥670.18 Million ≈ $98.07 Million	0.123x	-46.79%
2002-12-31	CN¥5.03 Billion ≈ $735.45 Million	CN¥1.16 Billion ≈ $170.04 Million	0.231x	+47.73%
2001-12-31	CN¥4.75 Billion ≈ $695.09 Million	CN¥743.42 Million ≈ $108.79 Million	0.157x	-15.61%
2000-12-31	CN¥4.50 Billion ≈ $658.34 Million	CN¥834.33 Million ≈ $122.09 Million	0.185x	+66.67%
1999-12-31	CN¥4.40 Billion ≈ $644.03 Million	CN¥489.70 Million ≈ $71.66 Million	0.111x	+79.89%
1998-12-31	CN¥4.17 Billion ≈ $609.88 Million	CN¥257.78 Million ≈ $37.72 Million	0.062x	--

About Shanghai SMI Holding Co Ltd

SHG:600649 China Real Estate - Development

Market Cap

$1.36 Billion

CN¥9.32 Billion CNY

Market Cap Rank

#7600 Global

#1690 in China

Share Price

CN¥3.72

Change (1 day)

+0.00%

52-Week Range

CN¥3.45 - CN¥5.64

All Time High

CN¥22.69