Jiangsu Safety Wire Rope (603028) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Jiangsu Safety Wire Rope (603028) has a cash flow conversion efficiency ratio of 0.039x 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¥16.46 Million ≈ $2.41 Million USD) by net assets (CN¥419.59 Million ≈ $61.40 Million 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 many days can Jiangsu Safety Wire Rope fund operations to measure how many days the company can operate on defensive assets alone.
Jiangsu Safety Wire Rope - Cash Flow Conversion Efficiency Trend (2011–2025)
This chart illustrates how Jiangsu Safety Wire Rope's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Jiangsu Safety Wire Rope Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Jiangsu Safety Wire Rope ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Handsome
KO:020000
|
0.036x |
|
Berjaya Land Bhd
KLSE:4219
|
-0.032x |
|
Danhua Chemical Technology Co Ltd A
SHG:600844
|
0.073x |
|
K&F Growth Acquisition Corp. II Class A Ordinary shares
NASDAQ:KFII
|
0.000x |
|
B&G Foods Inc
NYSE:BGS
|
0.211x |
|
Easy Trip Planners Limited
NSE:EASEMYTRIP
|
-0.020x |
|
Nh Investment And Securities 1p
KO:005945
|
-0.040x |
|
Oceania Healthcare Ltd
AU:OCA
|
0.064x |
Annual Cash Flow Conversion Efficiency for Jiangsu Safety Wire Rope (2011–2025)
The table below shows the annual cash flow conversion efficiency of Jiangsu Safety Wire Rope from 2011 to 2025. For the full company profile with market capitalisation and key ratios, see 603028 stock market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | CN¥364.56 Million ≈ $53.35 Million |
CN¥113.92 Million ≈ $16.67 Million |
0.312x | +69.48% |
| 2024-12-31 | CN¥444.21 Million ≈ $65.00 Million |
CN¥81.91 Million ≈ $11.99 Million |
0.184x | -6.02% |
| 2023-12-31 | CN¥906.44 Million ≈ $132.64 Million |
CN¥177.85 Million ≈ $26.02 Million |
0.196x | +149.76% |
| 2022-12-31 | CN¥684.13 Million ≈ $100.11 Million |
CN¥53.74 Million ≈ $7.86 Million |
0.079x | +370.56% |
| 2021-12-31 | CN¥810.74 Million ≈ $118.64 Million |
CN¥13.54 Million ≈ $1.98 Million |
0.017x | -75.27% |
| 2020-12-31 | CN¥757.47 Million ≈ $110.84 Million |
CN¥51.13 Million ≈ $7.48 Million |
0.068x | -63.36% |
| 2019-12-31 | CN¥709.33 Million ≈ $103.80 Million |
CN¥130.70 Million ≈ $19.13 Million |
0.184x | +722.36% |
| 2018-12-31 | CN¥699.11 Million ≈ $102.30 Million |
CN¥-20.70 Million ≈ $-3.03 Million |
-0.030x | -125.73% |
| 2017-12-31 | CN¥687.95 Million ≈ $100.67 Million |
CN¥79.17 Million ≈ $11.58 Million |
0.115x | +127.82% |
| 2016-12-31 | CN¥675.74 Million ≈ $98.88 Million |
CN¥34.13 Million ≈ $4.99 Million |
0.051x | -70.90% |
| 2015-12-31 | CN¥450.65 Million ≈ $65.94 Million |
CN¥78.22 Million ≈ $11.45 Million |
0.174x | +48.22% |
| 2014-12-31 | CN¥403.53 Million ≈ $59.05 Million |
CN¥47.25 Million ≈ $6.91 Million |
0.117x | -25.19% |
| 2013-12-31 | CN¥358.74 Million ≈ $52.50 Million |
CN¥56.15 Million ≈ $8.22 Million |
0.157x | -4.73% |
| 2012-12-31 | CN¥314.54 Million ≈ $46.03 Million |
CN¥51.68 Million ≈ $7.56 Million |
0.164x | -23.37% |
| 2011-12-31 | CN¥267.44 Million ≈ $39.13 Million |
CN¥57.34 Million ≈ $8.39 Million |
0.214x | -- |
About Jiangsu Safety Wire Rope
Jiangsu Safety Group Co.,Ltd. engages in the research, development, production, and sales of wire ropes and rigging for elevators and cranes in China and internationally. The company offers elevator wire ropes, such as low-, mid-, and high-rise traction, as well as governor, compensating, and door closing ropes; and crane wire ropes, including rotation resistant, round strand, compacted strand, s… Read more