Shanghai Carthane Co Ltd (603037) - Cash Flow Conversion Efficiency

Latest as of June 2023: 0.030x

Based on the latest financial reports, Shanghai Carthane Co Ltd (603037) has a cash flow conversion efficiency ratio of 0.030x 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¥25.30 Million ≈ $3.70 Million USD) by net assets (CN¥851.68 Million ≈ $124.63 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 603037 equity to assets ratio to measure how much of total assets are equity-financed.

Shanghai Carthane Co Ltd - Cash Flow Conversion Efficiency Trend (2011–2024)

This chart illustrates how Shanghai Carthane Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Shanghai Carthane Co Ltd earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.

Shanghai Carthane Co Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Shanghai Carthane Co Ltd ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Morguard Real Estate Investment Trust TO:MRT-UN	0.006x
Hangzhou Innover Technology Co Ltd SHE:002767	0.040x
Ganso Co Ltd SHG:603886	-0.099x
Elitegroup Computer Systems Co Ltd TW:2331	0.005x
Xpro India Limited NSE:XPROINDIA	-0.003x
Liaoning He Eye Hospital Group Co. LTD. SHE:301103	N/A
Sky Harbour Group Corporation NYSE:SKYH	-0.024x
USANA Health Sciences Inc NYSE:USNA	0.016x

Annual Cash Flow Conversion Efficiency for Shanghai Carthane Co Ltd (2011–2024)

The table below shows the annual cash flow conversion efficiency of Shanghai Carthane Co Ltd from 2011 to 2024. For the full company profile with market capitalisation and key ratios, see Shanghai Carthane Co Ltd stock valuation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CN¥966.84 Million ≈ $141.48 Million	CN¥128.73 Million ≈ $18.84 Million	0.133x	+10.51%
2023-12-31	CN¥920.31 Million ≈ $134.67 Million	CN¥110.88 Million ≈ $16.22 Million	0.120x	+56.91%
2022-12-31	CN¥883.96 Million ≈ $129.35 Million	CN¥67.87 Million ≈ $9.93 Million	0.077x	-42.45%
2021-12-31	CN¥892.66 Million ≈ $130.62 Million	CN¥119.10 Million ≈ $17.43 Million	0.133x	-37.31%
2020-12-31	CN¥869.55 Million ≈ $127.24 Million	CN¥185.05 Million ≈ $27.08 Million	0.213x	+74.52%
2019-12-31	CN¥847.01 Million ≈ $123.94 Million	CN¥103.29 Million ≈ $15.11 Million	0.122x	-23.27%
2018-12-31	CN¥835.08 Million ≈ $122.20 Million	CN¥132.71 Million ≈ $19.42 Million	0.159x	+44.37%
2017-12-31	CN¥763.10 Million ≈ $111.67 Million	CN¥84.00 Million ≈ $12.29 Million	0.110x	+16.91%
2016-12-31	CN¥416.21 Million ≈ $60.90 Million	CN¥39.19 Million ≈ $5.73 Million	0.094x	-44.13%
2015-12-31	CN¥380.70 Million ≈ $55.71 Million	CN¥64.16 Million ≈ $9.39 Million	0.169x	+32.51%
2014-12-31	CN¥333.42 Million ≈ $48.79 Million	CN¥42.41 Million ≈ $6.21 Million	0.127x	+5.84%
2013-12-31	CN¥294.79 Million ≈ $43.14 Million	CN¥35.42 Million ≈ $5.18 Million	0.120x	-36.52%
2012-12-31	CN¥237.88 Million ≈ $34.81 Million	CN¥45.03 Million ≈ $6.59 Million	0.189x	+41.47%
2011-12-31	CN¥230.62 Million ≈ $33.75 Million	CN¥30.86 Million ≈ $4.52 Million	0.134x	--

About Shanghai Carthane Co Ltd

SHG:603037 China Auto Parts

Market Cap

$351.09 Million

CN¥2.40 Billion CNY

Market Cap Rank

#13874 Global

#4007 in China

Share Price

CN¥8.95

Change (1 day)

-0.89%

52-Week Range

CN¥8.95 - CN¥19.97

All Time High

CN¥29.30