Gome Telecom Equipment Co Ltd Cash Flow Conversion Efficiency
Gome Telecom Equipment Co Ltd cash flow conversion efficiency. Based on the latest financial reports, Gome Telecom Equipment Co Ltd (600898) has a cash flow conversion efficiency ratio of 0.038x 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¥2.60 Million ≈ $380.62K USD) by net assets (CN¥69.19 Million ≈ $10.12 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of Gome Telecom Equipment Co Ltd (2000–2023)
Cash flow conversion efficiency of Gome Telecom Equipment Co Ltd from 2000 to 2023. This chart illustrates how Gome Telecom Equipment Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. View current stock price of Gome Telecom Equipment Co Ltd for real-time trading data and today's change.
Gome Telecom Equipment Co Ltd Cash Flow Conversion Ratio Explained
Gome Telecom Equipment Co Ltd cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
Gome Telecom Equipment Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Gome Telecom Equipment Co Ltd ranked by their cash flow conversion efficiency. Also see 600898 market cap overview for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Globrands Group Ltd
TA:GLRS
|
0.902x |
|
Khee San Bhd
KLSE:6203
|
0.138x |
|
Vivid Seats Inc
NASDAQ:SEAT
|
0.008x |
|
Dogwood Therapeutics, Inc.
NASDAQ:DWTX
|
-0.042x |
|
PTRB
KLSE:0260
|
0.084x |
|
Health In Tech, Inc. Class A Common Stock
NASDAQ:HIT
|
-0.154x |
|
Rockwell Medical Inc
NASDAQ:RMTI
|
0.059x |
|
Xu Yuan Packaging Technology Co Ltd
TWO:8421
|
-0.026x |
Annual Cash Flow Conversion Efficiency for Gome Telecom Equipment Co Ltd (2000–2023)
The table below shows the annual cash flow conversion efficiency of Gome Telecom Equipment Co Ltd from 2000 to 2023. Review 600898 free cash flow generation to assess how much free cash flow the company generates relative to operating cash flow.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | CN¥-17.51 Million ≈ $-2.56 Million |
CN¥-44.76 Million ≈ $-6.55 Million |
2.557x | +5345.89% |
| 2022-12-31 | CN¥104.26 Million ≈ $15.26 Million |
CN¥-5.08 Million ≈ $-743.60K |
-0.049x | +97.02% |
| 2021-12-31 | CN¥213.63 Million ≈ $31.26 Million |
CN¥-349.70 Million ≈ $-51.17 Million |
-1.637x | -1576.43% |
| 2020-12-31 | CN¥122.33 Million ≈ $17.90 Million |
CN¥13.56 Million ≈ $1.98 Million |
0.111x | +31.88% |
| 2019-12-31 | CN¥-676.49 Million ≈ $-98.99 Million |
CN¥-56.87 Million ≈ $-8.32 Million |
0.084x | +105.17% |
| 2018-12-31 | CN¥239.82 Million ≈ $35.09 Million |
CN¥-389.91 Million ≈ $-57.06 Million |
-1.626x | -745.05% |
| 2017-12-31 | CN¥540.62 Million ≈ $79.11 Million |
CN¥-104.01 Million ≈ $-15.22 Million |
-0.192x | -527.44% |
| 2016-12-31 | CN¥375.77 Million ≈ $54.99 Million |
CN¥16.91 Million ≈ $2.48 Million |
0.045x | +121.67% |
| 2015-12-31 | CN¥367.30 Million ≈ $53.75 Million |
CN¥-76.29 Million ≈ $-11.16 Million |
-0.208x | -10573.64% |
| 2014-12-31 | CN¥348.94 Million ≈ $51.06 Million |
CN¥692.00K ≈ $101.26K |
0.002x | -98.81% |
| 2013-12-31 | CN¥317.09 Million ≈ $46.40 Million |
CN¥52.81 Million ≈ $7.73 Million |
0.167x | -56.68% |
| 2012-12-31 | CN¥289.34 Million ≈ $42.34 Million |
CN¥111.25 Million ≈ $16.28 Million |
0.385x | +717.69% |
| 2011-12-31 | CN¥265.84 Million ≈ $38.90 Million |
CN¥12.50 Million ≈ $1.83 Million |
0.047x | -87.21% |
| 2010-12-31 | CN¥194.96 Million ≈ $28.53 Million |
CN¥71.69 Million ≈ $10.49 Million |
0.368x | +7382.82% |
| 2009-12-31 | CN¥174.59 Million ≈ $25.55 Million |
CN¥858.00K ≈ $125.55K |
0.005x | -98.99% |
| 2008-12-31 | CN¥231.93 Million ≈ $33.94 Million |
CN¥113.09 Million ≈ $16.55 Million |
0.488x | +139.85% |
| 2007-12-31 | CN¥339.05 Million ≈ $49.61 Million |
CN¥68.93 Million ≈ $10.09 Million |
0.203x | +0.31% |
| 2006-12-31 | CN¥343.41 Million ≈ $50.25 Million |
CN¥69.60 Million ≈ $10.18 Million |
0.203x | +0.63% |
| 2004-12-31 | CN¥318.55 Million ≈ $46.61 Million |
CN¥64.16 Million ≈ $9.39 Million |
0.201x | -6.13% |
| 2003-12-31 | CN¥287.87 Million ≈ $42.12 Million |
CN¥61.76 Million ≈ $9.04 Million |
0.215x | +920.28% |
| 2002-12-31 | CN¥250.79 Million ≈ $36.70 Million |
CN¥5.27 Million ≈ $771.75K |
0.021x | +214.27% |
| 2001-12-31 | CN¥-1.22 Billion ≈ $-178.26 Million |
CN¥22.42 Million ≈ $3.28 Million |
-0.018x | -73.90% |
| 2000-12-31 | CN¥-1.31 Billion ≈ $-191.04 Million |
CN¥13.82 Million ≈ $2.02 Million |
-0.011x | -- |
About Gome Telecom Equipment Co Ltd
Gome Telecom Equipment Co., Ltd. engages in the research and development, production, and sale of mobile terminal products. The company was formerly known as Sanlian Commercial Co., Ltd. Gome Telecom Equipment Co., Ltd. was founded 1989 and is based in Jinan, China.