Shanghai Carthane Co Ltd Cash Flow Conversion Efficiency

Latest as of June 2023: 0.030x

Shanghai Carthane Co Ltd cash flow conversion efficiency. 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. Also see how much is Shanghai Carthane Co Ltd worth for the company's overall valuation and market capitalisation.

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

Cash flow conversion efficiency of Shanghai Carthane Co Ltd from 2011 to 2024. This chart illustrates how Shanghai Carthane Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. View 603037 stock price and chart for real-time trading data and today's change.

Shanghai Carthane Co Ltd Cash Flow Conversion Ratio Explained

Shanghai Carthane Co Ltd cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.

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. Review 603037 free cash flow to operating cash ratio to assess how much free cash flow the company generates relative to operating cash flow.

Company	Cash Flow Conversion Efficiency
Yunnan Yuntou Ecology and Environment Technology Co Ltd SHE:002200	-0.032x
Guangdong Huafeng New Energy Technology Co Ltd SHE:002806	-0.044x
Shanxi Yongdong Chemistry Industry Co Ltd SHE:002753	0.000x
Guangzhou Shangpin Home Collection Co Ltd SHE:300616	0.018x
Autolus Therapeutics Ltd NASDAQ:AUTL	-0.335x
Tokmanni Group Oyj HE:TOKMAN	-0.003x
Abm Investama Tbk JK:ABMM	0.038x
Melcor Developments Ltd. TO:MRD	-0.004x

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. Also see Shanghai Carthane Co Ltd asset portfolio for a full breakdown of the balance sheet.

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

$409.93 Million

CN¥2.80 Billion CNY

Market Cap Rank

#13132 Global

#3899 in China

Share Price

CN¥10.45

Change (1 day)

+1.26%

52-Week Range

CN¥8.72 - CN¥19.97

All Time High

CN¥29.30