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. Check how strategically is Shanghai Carthane Co Ltd's equity deployed to assess the company's strategic physical and investment asset allocation.

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. See Shanghai Carthane Co Ltd (603037) shareholders funds for net asset value and shareholders' equity analysis.

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
Electrovaya Inc. NASDAQ:ELVA	0.028x
Legacy Housing Corp NASDAQ:LEGH	0.013x
Advanced Nano Products Co. Ltd KQ:121600	0.047x
Zilltek Technology Corp TWO:6679	0.028x
ForFarmers NV AS:FFARM	0.194x
Baida Group Co Ltd SHG:600865	0.003x
Guaranty Bancshares, Inc. NYSE:GNTY	0.021x
Optotech Corp TW:2340	-0.010x

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 (603037) total market value.

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

$553.50 Million

CN¥3.78 Billion CNY

Market Cap Rank

#12004 Global

#3575 in China

Share Price

CN¥14.11

Change (1 day)

-1.26%

52-Week Range

CN¥11.97 - CN¥19.97

All Time High

CN¥29.30