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 Snowsky Salt Industry Group Co Ltd (600929) liquidity interval to measure how many days the company can operate on defensive assets alone.

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.

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
Nationwide Building Society LSE:NBS	0.224x
BLS International Services Limited NSE:BLS	0.211x
FGV Holdings Bhd KLSE:5222	0.039x
Shanghai Zhezhong Construction Co Ltd SHE:002346	0.039x
Elemental Royalties Corp V:ELE	0.014x
Under Armour Inc C NYSE:UA	-0.230x
Guangdong Golden Dragon Development Inc SHE:000712	0.203x
Shanghai Emperor of Cleaning Hi-Tech Co Ltd SHG:603200	0.010x

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 600929 market cap overview.

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

$1.19 Billion

CN¥8.13 Billion CNY

Market Cap Rank

#8312 Global

#2023 in China

Share Price

CN¥4.96

Change (1 day)

-1.59%

52-Week Range

CN¥4.96 - CN¥7.24

All Time High

CN¥21.20