China National Gold Group Gold Jewellery Co Ltd (600916) - Cash Flow Conversion Efficiency
Based on the latest financial reports, China National Gold Group Gold Jewellery Co Ltd (600916) has a cash flow conversion efficiency ratio of 0.004x as of December 2020. 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¥19.16 Million ≈ $2.80 Million USD) by net assets (CN¥5.28 Billion ≈ $772.36 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See China National Gold Group Gold Jewellery net asset quality index to measure how much of total assets are equity-financed.
China National Gold Group Gold Jewellery Co Ltd - Cash Flow Conversion Efficiency Trend (2016–2024)
This chart illustrates how China National Gold Group Gold Jewellery Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check China National Gold Group Gold Jewellery cash earnings quality to evaluate the quality of earnings relative to operating cash generation.
China National Gold Group Gold Jewellery Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of China National Gold Group Gold Jewellery Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Beijing Xinleineng Technology Co Ltd
SHE:300593
|
-0.024x |
|
Wasu Media Holding Co Ltd
SHE:000156
|
0.026x |
|
Jones Tech PLC Class A
SHE:300684
|
-0.008x |
|
Capri Holdings Ltd
NYSE:CPRI
|
1.874x |
|
Aisino Corp
SHG:600271
|
-0.006x |
|
Zhejiang Jiuzhou Pharm Co Ltd
SHG:603456
|
0.055x |
|
Shanghai Bailian Group Co Ltd A
SHG:600827
|
0.011x |
|
Jiangsu Guotai International Group Guomao Co Ltd
SHE:002091
|
0.059x |
Annual Cash Flow Conversion Efficiency for China National Gold Group Gold Jewellery Co Ltd (2016–2024)
The table below shows the annual cash flow conversion efficiency of China National Gold Group Gold Jewellery Co Ltd from 2016 to 2024. For the full company profile with market capitalisation and key ratios, see 600916 stock market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥7.55 Billion ≈ $1.10 Billion |
CN¥1.66 Billion ≈ $242.36 Million |
0.220x | +4.01% |
| 2023-12-31 | CN¥7.47 Billion ≈ $1.09 Billion |
CN¥1.58 Billion ≈ $230.72 Million |
0.211x | +23.84% |
| 2022-12-31 | CN¥7.00 Billion ≈ $1.02 Billion |
CN¥1.19 Billion ≈ $174.60 Million |
0.170x | +38.81% |
| 2021-12-31 | CN¥6.64 Billion ≈ $971.37 Million |
CN¥814.95 Million ≈ $119.25 Million |
0.123x | +16.65% |
| 2020-12-31 | CN¥5.28 Billion ≈ $772.36 Million |
CN¥555.50 Million ≈ $81.29 Million |
0.105x | -1.16% |
| 2019-12-31 | CN¥4.75 Billion ≈ $694.69 Million |
CN¥505.49 Million ≈ $73.97 Million |
0.106x | +1937.14% |
| 2018-12-31 | CN¥4.29 Billion ≈ $627.49 Million |
CN¥-24.85 Million ≈ $-3.64 Million |
-0.006x | -105.33% |
| 2017-12-31 | CN¥3.92 Billion ≈ $573.92 Million |
CN¥426.10 Million ≈ $62.35 Million |
0.109x | +72.81% |
| 2016-12-31 | CN¥1.63 Billion ≈ $238.43 Million |
CN¥102.43 Million ≈ $14.99 Million |
0.063x | -- |
About China National Gold Group Gold Jewellery Co Ltd
China National Gold Group Gold Jewellery Co.,Ltd. engages in the research and development, processing, wholesale, and retail of gold, silver, jewelry, and mold products in China and internationally. It offers gold products, including gold bars, jewelry, and other gold products; K gold jewelry products comprising jewelry made of K gold, platinum, silver, etc., as well as inlaid jewelry products, s… Read more