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 Jiangsu Safety Wire Rope net asset quality index to measure how much of total assets are equity-financed.
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. Check 603028 cash to earnings ratio to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
Arkade Developers Ltd
NSE:ARKADE
|
-0.049x |
|
WATERDROP INC.ADS/10 CL.A
F:717
|
N/A |
|
Mangalam Cement Limited
NSE:MANGLMCEM
|
0.019x |
|
Dogan Burda Dergi Yayincilik ve Pazarlama AS
IS:BIGTK
|
-0.020x |
|
Hengxin Mobile Business
SHE:300081
|
-0.006x |
|
Planigrupo LATAM S.A.B. de C.V
MX:PLANI
|
0.043x |
|
Roman DBDR Acquisition Corp. II Unit
NASDAQ:DRDBU
|
-0.001x |
|
Dirui Industrial Co Ltd
SHE:300396
|
-0.032x |
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 market cap.
| 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