Triangle Tyre Co Ltd
Triangle Tyre Co.,Ltd engages in the research and development, design, manufacture, and marketing of tire products in China. The company's products include passenger tires, engineering tires, jumbo tires, truck and bus tires, off-the-road tires, commercial vehicle tires, and radial tires, as well as specialty tires. It provides its products through branches, as well as dealers and online in North… Read more
Triangle Tyre Co Ltd (601163) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: 0.013x
Based on the latest financial reports, Triangle Tyre Co Ltd (601163) has a cash flow conversion efficiency ratio of 0.013x 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¥175.10 Million) by net assets (CN¥13.71 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Triangle Tyre Co Ltd - Cash Flow Conversion Efficiency Trend (2008–2024)
This chart illustrates how Triangle Tyre Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Triangle Tyre Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Triangle Tyre Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Brim hf
IC:BRIM
|
-0.005x |
|
Worldline SA
PINK:WWLNF
|
0.052x |
|
Austal Limited
PINK:AUTLF
|
0.128x |
|
Jiangxi Guotai Civilian
SHG:603977
|
-0.035x |
|
Aidite (Qinhuangdao) Technology Co., Ltd.
SHE:301580
|
0.031x |
|
Siltronic AG
PINK:SSLLF
|
0.027x |
|
WashTec AG
PINK:WHTCF
|
0.027x |
|
H&R Century Union Corp
SHE:000892
|
-0.014x |
Annual Cash Flow Conversion Efficiency for Triangle Tyre Co Ltd (2008–2024)
The table below shows the annual cash flow conversion efficiency of Triangle Tyre Co Ltd from 2008 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥13.44 Billion | CN¥987.73 Million | 0.073x | -47.41% |
| 2023-12-31 | CN¥12.87 Billion | CN¥1.80 Billion | 0.140x | +9.90% |
| 2022-12-31 | CN¥11.70 Billion | CN¥1.49 Billion | 0.127x | +200.43% |
| 2021-12-31 | CN¥11.15 Billion | CN¥471.68 Million | 0.042x | -65.84% |
| 2020-12-31 | CN¥10.86 Billion | CN¥1.35 Billion | 0.124x | -9.36% |
| 2019-12-31 | CN¥10.07 Billion | CN¥1.38 Billion | 0.137x | +115.81% |
| 2018-12-31 | CN¥9.37 Billion | CN¥593.66 Million | 0.063x | -12.31% |
| 2017-12-31 | CN¥8.01 Billion | CN¥578.39 Million | 0.072x | +61.60% |
| 2016-12-31 | CN¥7.84 Billion | CN¥350.46 Million | 0.045x | -84.99% |
| 2015-12-31 | CN¥2.73 Billion | CN¥813.88 Million | 0.298x | -40.78% |
| 2014-12-31 | CN¥2.83 Billion | CN¥1.42 Billion | 0.503x | -2.26% |
| 2013-12-31 | CN¥3.02 Billion | CN¥1.55 Billion | 0.514x | +30.15% |
| 2012-12-31 | CN¥2.71 Billion | CN¥1.07 Billion | 0.395x | -17.16% |
| 2011-12-31 | CN¥2.63 Billion | CN¥1.25 Billion | 0.477x | +257.67% |
| 2010-12-31 | CN¥2.50 Billion | CN¥333.59 Million | 0.133x | -71.61% |
| 2009-12-31 | CN¥2.35 Billion | CN¥1.11 Billion | 0.470x | +130.42% |
| 2008-12-31 | CN¥1.93 Billion | CN¥393.71 Million | 0.204x | -- |