China Shipbuilding Industry Co Ltd Cash Flow Conversion Efficiency
China Shipbuilding Industry Co Ltd cash flow conversion efficiency. Based on the latest financial reports, China Shipbuilding Industry Co Ltd (601989) has a cash flow conversion efficiency ratio of -0.021x 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¥-1.81 Billion ≈ $-264.93 Million USD) by net assets (CN¥84.38 Billion ≈ $12.35 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of China Shipbuilding Industry Co Ltd (2008–2024)
Cash flow conversion efficiency of China Shipbuilding Industry Co Ltd from 2008 to 2024. This chart illustrates how China Shipbuilding Industry Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. View China Shipbuilding Industry Co Ltd share price for real-time trading data and today's change.
China Shipbuilding Industry Co Ltd Cash Flow Conversion Ratio Explained
China Shipbuilding Industry Co Ltd cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
China Shipbuilding Industry Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of China Shipbuilding Industry Co Ltd ranked by their cash flow conversion efficiency. Also see 601989 company net worth for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Rubrik, Inc.
NYSE:RBRK
|
-0.170x |
|
RENAU.UNSP.ARD 1/5 EO-20
F:56S0
|
0.035x |
|
Bank of Shanghai Co Ltd
SHG:601229
|
-0.001x |
|
MERCK KGAA NAM.SP.ADR
F:MRKC
|
0.045x |
|
Joint Stock Commercial Bank for Foreign Trade of Vietnam
VN:VCB
|
0.151x |
|
ASICS CORP.(UNSP.ADR)/1
F:ASI
|
N/A |
|
Kimco Realty Corporation
NYSE:KIM
|
0.023x |
|
Hologic Inc
NASDAQ:HOLX
|
0.044x |
Annual Cash Flow Conversion Efficiency for China Shipbuilding Industry Co Ltd (2008–2024)
The table below shows the annual cash flow conversion efficiency of China Shipbuilding Industry Co Ltd from 2008 to 2024. Review how much free cash does China Shipbuilding Industry Co Ltd generate to assess how much free cash flow the company generates relative to operating cash flow.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥84.32 Billion ≈ $12.34 Billion |
CN¥9.49 Billion ≈ $1.39 Billion |
0.113x | +112.13% |
| 2023-12-31 | CN¥84.72 Billion ≈ $12.40 Billion |
CN¥4.50 Billion ≈ $657.84 Million |
0.053x | +223.98% |
| 2022-12-31 | CN¥84.08 Billion ≈ $12.30 Billion |
CN¥-3.60 Billion ≈ $-526.62 Million |
-0.043x | -105.02% |
| 2021-12-31 | CN¥86.10 Billion ≈ $12.60 Billion |
CN¥-1.80 Billion ≈ $-263.01 Million |
-0.021x | -119.41% |
| 2020-12-31 | CN¥86.15 Billion ≈ $12.61 Billion |
CN¥9.27 Billion ≈ $1.36 Billion |
0.108x | +890.94% |
| 2019-12-31 | CN¥86.34 Billion ≈ $12.63 Billion |
CN¥937.37 Million ≈ $137.17 Million |
0.011x | +24.18% |
| 2018-12-31 | CN¥84.21 Billion ≈ $12.32 Billion |
CN¥736.18 Million ≈ $107.73 Million |
0.009x | +151.48% |
| 2017-12-31 | CN¥83.36 Billion ≈ $12.20 Billion |
CN¥-1.42 Billion ≈ $-207.17 Million |
-0.017x | +68.68% |
| 2016-12-31 | CN¥57.61 Billion ≈ $8.43 Billion |
CN¥-3.12 Billion ≈ $-457.02 Million |
-0.054x | -417.75% |
| 2015-12-31 | CN¥58.41 Billion ≈ $8.55 Billion |
CN¥-611.65 Million ≈ $-89.50 Million |
-0.010x | -134.58% |
| 2014-12-31 | CN¥62.40 Billion ≈ $9.13 Billion |
CN¥1.89 Billion ≈ $276.52 Million |
0.030x | -94.64% |
| 2008-12-31 | CN¥5.00 Billion ≈ $731.62 Million |
CN¥2.83 Billion ≈ $413.43 Million |
0.565x | -- |
About China Shipbuilding Industry Co Ltd
China Shipbuilding Industry Company Limited develops, designs, and manufactures ships in China. The company offers marine defense, development, and transportation equipment; deep-sea equipment; ship repair and modification, ship supporting mechanical, and electrical equipment; marine scientific research equipment; ship ballast water management system; and marine low-speed machine high-pressure SC… Read more