China National Gold Group Gold Jewellery Co Ltd Cash Flow Conversion Efficiency

Latest as of December 2020: 0.004x

China National Gold Group Gold Jewellery Co Ltd 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.

Cash Flow Conversion Efficiency of China National Gold Group Gold Jewellery Co Ltd (2016–2024)

Cash flow conversion efficiency of China National Gold Group Gold Jewellery Co Ltd from 2016 to 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. View 600916 stock price and chart for real-time trading data and today's change.

China National Gold Group Gold Jewellery Co Ltd Cash Flow Conversion Ratio Explained

China National Gold Group Gold Jewellery 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.

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. Also see 600916 company net worth for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
Aluar Aluminio Argentino BA:ALUA	0.051x
Shanghai Feilo Acoustics Co Ltd SHG:600651	0.054x
Beijing Jiuzhou Yi Gui Environmental Technology Co. Ltd. SHG:688485	N/A
Suzhou Secote Precision Electronic Co Ltd Class A SHG:603283	0.039x
Lojas Renner S.A. SA:LREN3	0.049x
Addus HomeCare Corporation NASDAQ:ADUS	0.047x
Guangdong No2 Hydropower Engineering Co Ltd SHE:002060	0.053x
Chow Tai Seng Jewellery Co Ltd SHE:002867	0.026x

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. Review China National Gold Group Gold Jewellery (600916) free cash flow 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
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

SHG:600916 China Luxury Goods

Market Cap

$1.69 Billion

CN¥11.58 Billion CNY

Market Cap Rank

#6477 Global

#1214 in China

Share Price

CN¥6.89

Change (1 day)

-1.29%

52-Week Range

CN¥6.84 - CN¥14.68

All Time High

CN¥19.50