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.
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. Read debt load of China National Gold Group Gold Jewellery for a breakdown of total debt and financial obligations.
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 |
|---|---|
|
LDR Turizm AS
IS:LIDER
|
0.160x |
|
Shanghai Flyco Electrical Appliance Co Ltd
SHG:603868
|
0.085x |
|
SolarEdge Technologies Inc
NASDAQ:SEDG
|
0.053x |
|
VNET Group Inc DRC
NASDAQ:VNET
|
0.092x |
|
NetScout Systems Inc
NASDAQ:NTCT
|
0.038x |
|
Shanghai QiFan Cable Co Ltd
SHG:605222
|
-0.047x |
|
Husqvarna AB (publ)
ST:HUSQ-B
|
-0.066x |
|
Shanghai Chinafortune Co Ltd
SHG:600621
|
0.369x |
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