China Shipbuilding Industry Co Ltd (601989) - 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. See how leveraged is China Shipbuilding Industry Co Ltd's balance sheet to measure how much of total assets are equity-financed.
China Shipbuilding Industry Co Ltd - Cash Flow Conversion Efficiency Trend (2008–2024)
This chart illustrates how China Shipbuilding Industry Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check earnings quality score of China Shipbuilding Industry Co Ltd to evaluate the quality of earnings relative to operating cash generation.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Korea Zinc Inc
KO:010130
|
-0.008x |
|
MERCK KGAA NAM.SP.ADR
F:MRKC
|
0.045x |
|
Banco Santander Chile
SN:BSANTANDER
|
-0.075x |
|
Hyosung Heavy Industries Corp
KO:298040
|
0.093x |
|
ASICS CORP.(UNSP.ADR)/1
F:ASI
|
N/A |
|
Hologic Inc
NASDAQ:HOLX
|
0.044x |
|
Weyerhaeuser Company
NYSE:WY
|
0.006x |
|
POSCO Holdings Inc
NYSE:PKX
|
0.004x |
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. For the full company profile with market capitalisation and key ratios, see China Shipbuilding Industry Co Ltd market cap and net worth.
| 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