Snowsky Salt Industry Group Co Ltd (600929) - Cash Flow Conversion Efficiency
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.
Snowsky Salt Industry Group Co Ltd - Cash Flow Conversion Efficiency Trend (2014–2024)
This chart illustrates how Snowsky Salt Industry Group Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read 600929 current and long-term liabilities for a breakdown of total debt and financial obligations.
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 |
|---|---|
|
Allied Blenders & Distillers Ltd
NSE:ABDL
|
N/A |
|
Collective Mining Ltd
TO:CNL
|
-0.091x |
|
Tangshan Jidong Cement Co Ltd
SHE:000401
|
0.045x |
|
Gansu Jiu Steel Group Hongxing Iron & Steel Co Ltd
SHG:600307
|
0.101x |
|
Federal Agricultural Mortgage Corporation
NYSE:AGM
|
0.060x |
|
Grupo Aval Acciones y Valores S.A
F:6GAA
|
0.010x |
|
Suofeiya Home Collection Co Ltd
SHE:002572
|
-0.039x |
|
Friedrich Vorwerk Group SE
F:VH2
|
0.147x |
Annual Cash Flow Conversion Efficiency for Snowsky Salt Industry Group Co Ltd (2014–2024)
The table below shows the annual cash flow conversion efficiency of Snowsky Salt Industry Group Co Ltd from 2014 to 2024. 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 |
|---|---|---|---|---|
| 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
Snowsky Salt Industry Group CO.,LTD engages in production and sale of salt and salt chemical products in China. The company offers edible salt, industrial salt, daily chemical salt, livestock salt, Glauber's salt, caustic soda, soda ash, ammonium chloride, liquid chlorine, hydrogen peroxide, mirabilite, edible small package salt, food processing salt, and other products. It also exports its produ… Read more