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. See Chongqing Gas Grp Corp Ltd balance sheet quality to measure how much of total assets are equity-financed.
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. Check Chongqing Gas Grp Corp Ltd (600917) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
Yinbang Clad Material
SHE:300337
|
-0.039x |
|
Aktis Oncology, Inc. Common stock
NASDAQ:AKTS
|
0.097x |
|
Guangzhou Goaland Energy Conservation Tech Co Ltd
SHE:300499
|
0.026x |
|
LuxExperience B.V.
NYSE:LUXE
|
0.091x |
|
Leshan Giantstar Farming & Husbandry Corp Ltd
SHG:603477
|
0.132x |
|
Fusheng Precision Co Ltd
TW:6670
|
0.068x |
|
Ningbo Changhong Polymer Scientific & Technical Inc
SHG:605008
|
-0.082x |
|
Gentherm Inc
NASDAQ:THRM
|
-0.007x |
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 stock valuation.
| 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