Jiangsu Safety Wire Rope (603028) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.039x

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

SHG:603028 China Steel
Market Cap
$312.92 Million
CN¥2.14 Billion CNY
Market Cap Rank
#14707 Global
#4387 in China
Share Price
CN¥7.45
Change (1 day)
+2.05%
52-Week Range
CN¥6.84 - CN¥10.54
All Time High
CN¥28.11
About

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