Snowsky Salt Industry Group Co Ltd (600929) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.021x

Based on the latest financial reports, Snowsky Salt Industry Group Co Ltd (600929) has a cash flow conversion efficiency ratio of 0.021x as of September 2025. 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¥174.73 Million ≈ $25.57 Million USD) by net assets (CN¥8.30 Billion ≈ $1.22 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See 600929 net asset quality score to measure how much of total assets are equity-financed.

Snowsky Salt Industry Group Co Ltd - Cash Flow Conversion Efficiency Trend (2014–2025)

This chart illustrates how Snowsky Salt Industry Group Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check how high is Snowsky Salt Industry Group Co Ltd's earnings quality to evaluate the quality of earnings relative to operating cash generation.

Snowsky Salt Industry Group Co Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Snowsky Salt Industry Group Co Ltd ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Integra LifeSciences Holdings NASDAQ:IART	0.009x
FMC Corporation NYSE:FMC	0.303x
TTW Public Company Limited BK:TTW	0.045x
Cogeco Communications Inc TO:CCA	0.046x
Chongqing Department Store Co Ltd SHG:600729	0.066x
The India Cements Limited NSE:INDIACEM	-0.019x
Neway CNC Equipment Suzhou Co Ltd SHG:688697	0.043x
Jiangsu Shagang Co Ltd SHE:002075	0.072x

Annual Cash Flow Conversion Efficiency for Snowsky Salt Industry Group Co Ltd (2014–2025)

The table below shows the annual cash flow conversion efficiency of Snowsky Salt Industry Group Co Ltd from 2014 to 2025. For the full company profile with market capitalisation and key ratios, see Snowsky Salt Industry Group Co Ltd (600929) market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	CN¥8.53 Billion ≈ $1.25 Billion	CN¥745.37 Million ≈ $109.07 Million	0.087x	+50.13%
2024-12-31	CN¥8.20 Billion ≈ $1.20 Billion	CN¥477.28 Million ≈ $69.84 Million	0.058x	-54.44%
2023-12-31	CN¥8.17 Billion ≈ $1.20 Billion	CN¥1.04 Billion ≈ $152.87 Million	0.128x	-37.99%
2022-12-31	CN¥6.61 Billion ≈ $967.41 Million	CN¥1.36 Billion ≈ $199.38 Million	0.206x	+78.47%
2021-12-31	CN¥5.20 Billion ≈ $760.81 Million	CN¥600.40 Million ≈ $87.86 Million	0.115x	+50.75%
2020-12-31	CN¥2.86 Billion ≈ $418.37 Million	CN¥219.01 Million ≈ $32.05 Million	0.077x	-28.18%
2019-12-31	CN¥2.61 Billion ≈ $382.16 Million	CN¥278.56 Million ≈ $40.76 Million	0.107x	-3.41%
2018-12-31	CN¥2.56 Billion ≈ $375.10 Million	CN¥283.06 Million ≈ $41.42 Million	0.110x	+23.21%
2017-12-31	CN¥1.95 Billion ≈ $285.27 Million	CN¥174.71 Million ≈ $25.57 Million	0.090x	-49.59%
2016-12-31	CN¥1.78 Billion ≈ $260.93 Million	CN¥317.03 Million ≈ $46.39 Million	0.178x	-24.82%
2015-12-31	CN¥1.71 Billion ≈ $250.06 Million	CN¥404.11 Million ≈ $59.13 Million	0.236x	+4.74%
2014-12-31	CN¥1.53 Billion ≈ $224.53 Million	CN¥346.44 Million ≈ $50.70 Million	0.226x	--

About Snowsky Salt Industry Group Co Ltd

SHG:600929 China Chemicals

Market Cap

$1.32 Billion

CN¥9.00 Billion CNY

Market Cap Rank

#7727 Global

#1731 in China

Share Price

CN¥5.49

Change (1 day)

-1.79%

52-Week Range

CN¥4.54 - CN¥7.24

All Time High

CN¥21.20