Chongqing Gas Grp Corp Ltd (600917) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Chongqing Gas Grp Corp Ltd (600917) has a cash flow conversion efficiency ratio of 0.095x 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¥518.51 Million ≈ $75.87 Million USD) by net assets (CN¥5.44 Billion ≈ $796.23 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Chongqing Gas Grp Corp Ltd - Cash Flow Conversion Efficiency Trend (2011–2024)
This chart illustrates how Chongqing Gas Grp Corp Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read how much debt does Chongqing Gas Grp Corp Ltd carry for a breakdown of total debt and financial obligations.
Chongqing Gas Grp Corp Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Chongqing Gas Grp Corp Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Central Plains Environment Protection Co Ltd
SHE:000544
|
0.017x |
|
Zhejiang Chenfeng Science and Technology Co Ltd Class A
SHG:603685
|
0.041x |
|
Orora Ltd
AU:ORA
|
0.082x |
|
Onechance
SHE:300792
|
0.014x |
|
Superior Plus Corp
TO:SPB
|
0.408x |
|
Shaanxi Fenghuo Electronics Co Ltd
SHE:000561
|
-0.057x |
|
Xinzhi Motor Co Ltd
SHE:002664
|
-0.004x |
|
Shaanxi Heimao Coking Co Ltd
SHG:601015
|
0.086x |
Annual Cash Flow Conversion Efficiency for Chongqing Gas Grp Corp Ltd (2011–2024)
The table below shows the annual cash flow conversion efficiency of Chongqing Gas Grp Corp Ltd from 2011 to 2024. For the full company profile with market capitalisation and key ratios, see Chongqing Gas Grp Corp Ltd market cap and net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥6.22 Billion ≈ $909.56 Million |
CN¥615.31 Million ≈ $90.04 Million |
0.099x | +29.25% |
| 2023-12-31 | CN¥5.90 Billion ≈ $863.68 Million |
CN¥452.05 Million ≈ $66.15 Million |
0.077x | +160.90% |
| 2022-12-31 | CN¥5.32 Billion ≈ $777.78 Million |
CN¥156.03 Million ≈ $22.83 Million |
0.029x | -75.87% |
| 2021-12-31 | CN¥5.11 Billion ≈ $748.46 Million |
CN¥622.19 Million ≈ $91.05 Million |
0.122x | -12.26% |
| 2020-12-31 | CN¥4.81 Billion ≈ $704.11 Million |
CN¥667.10 Million ≈ $97.62 Million |
0.139x | +23.54% |
| 2019-12-31 | CN¥4.61 Billion ≈ $673.96 Million |
CN¥516.86 Million ≈ $75.63 Million |
0.112x | -5.37% |
| 2018-12-31 | CN¥4.32 Billion ≈ $631.80 Million |
CN¥512.03 Million ≈ $74.93 Million |
0.119x | +41.54% |
| 2017-12-31 | CN¥4.15 Billion ≈ $607.82 Million |
CN¥348.02 Million ≈ $50.93 Million |
0.084x | -57.02% |
| 2016-12-31 | CN¥4.00 Billion ≈ $585.03 Million |
CN¥779.43 Million ≈ $114.06 Million |
0.195x | -5.19% |
| 2015-12-31 | CN¥3.76 Billion ≈ $549.70 Million |
CN¥772.49 Million ≈ $113.04 Million |
0.206x | -13.97% |
| 2014-12-31 | CN¥3.56 Billion ≈ $521.53 Million |
CN¥851.90 Million ≈ $124.66 Million |
0.239x | -14.66% |
| 2013-12-31 | CN¥2.97 Billion ≈ $435.32 Million |
CN¥833.27 Million ≈ $121.93 Million |
0.280x | +2.27% |
| 2012-12-31 | CN¥2.74 Billion ≈ $401.45 Million |
CN¥751.39 Million ≈ $109.95 Million |
0.274x | +35.85% |
| 2011-12-31 | CN¥2.64 Billion ≈ $386.36 Million |
CN¥532.32 Million ≈ $77.89 Million |
0.202x | -- |
About Chongqing Gas Grp Corp Ltd
Chongqing Gas Group Corporation Ltd. engages in the natural gas operation business in China and internationally. The company offers urban gas storage, transmission, distribution, and sales, as well as the design, manufacturing, installation, and maintenance of natural gas pipeline facilities and equipment. The company is developing integrated energy businesses, such as natural gas distributed ene… Read more