Shenzhen Kinwong Electronic Co Ltd (603228) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Shenzhen Kinwong Electronic Co Ltd (603228) has a cash flow conversion efficiency ratio of 0.030x as of December 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¥403.82 Million ≈ $59.09 Million USD) by net assets (CN¥13.67 Billion ≈ $2.00 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Shenzhen Kinwong Electronic Co Ltd (603228) net asset quality to measure how much of total assets are equity-financed.
Shenzhen Kinwong Electronic Co Ltd - Cash Flow Conversion Efficiency Trend (2011–2025)
This chart illustrates how Shenzhen Kinwong Electronic Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Shenzhen Kinwong Electronic Co Ltd earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.
Shenzhen Kinwong Electronic Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Shenzhen Kinwong Electronic Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Insulet Corporation
NASDAQ:PODD
|
0.087x |
|
Taiwan Mobile Co Ltd
TW:3045
|
0.104x |
|
Strabag SE
VI:STR
|
-0.037x |
|
Encompass Health Corp
NYSE:EHC
|
0.093x |
|
XPENG INC. CL.A DL-00001
F:8XP
|
N/A |
|
BrightSpring Health Services, Inc. Common Stock
NASDAQ:BTSG
|
0.062x |
|
XPENG INC. SP.ADS/2 CL.A
F:8XPA
|
N/A |
|
China Spacesat Co Ltd
SHG:600118
|
0.022x |
Annual Cash Flow Conversion Efficiency for Shenzhen Kinwong Electronic Co Ltd (2011–2025)
The table below shows the annual cash flow conversion efficiency of Shenzhen Kinwong Electronic Co Ltd from 2011 to 2025. For the full company profile with market capitalisation and key ratios, see 603228 stock market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | CN¥13.67 Billion ≈ $2.00 Billion |
CN¥1.93 Billion ≈ $282.70 Million |
0.141x | -29.05% |
| 2024-12-31 | CN¥11.50 Billion ≈ $1.68 Billion |
CN¥2.29 Billion ≈ $335.04 Million |
0.199x | -16.08% |
| 2023-12-31 | CN¥8.97 Billion ≈ $1.31 Billion |
CN¥2.13 Billion ≈ $311.47 Million |
0.237x | +26.50% |
| 2022-12-31 | CN¥8.29 Billion ≈ $1.21 Billion |
CN¥1.56 Billion ≈ $227.55 Million |
0.188x | +23.08% |
| 2021-12-31 | CN¥7.48 Billion ≈ $1.09 Billion |
CN¥1.14 Billion ≈ $166.83 Million |
0.152x | -32.56% |
| 2020-12-31 | CN¥6.76 Billion ≈ $988.74 Million |
CN¥1.53 Billion ≈ $223.42 Million |
0.226x | +45.59% |
| 2019-12-31 | CN¥5.63 Billion ≈ $823.65 Million |
CN¥873.59 Million ≈ $127.83 Million |
0.155x | -14.91% |
| 2018-12-31 | CN¥4.41 Billion ≈ $644.85 Million |
CN¥803.84 Million ≈ $117.63 Million |
0.182x | -16.56% |
| 2017-12-31 | CN¥3.28 Billion ≈ $479.45 Million |
CN¥716.26 Million ≈ $104.81 Million |
0.219x | +15.62% |
| 2016-12-31 | CN¥2.86 Billion ≈ $418.73 Million |
CN¥541.05 Million ≈ $79.17 Million |
0.189x | -54.20% |
| 2015-12-31 | CN¥1.37 Billion ≈ $200.41 Million |
CN¥565.35 Million ≈ $82.73 Million |
0.413x | +9.56% |
| 2014-12-31 | CN¥954.43 Million ≈ $139.66 Million |
CN¥359.60 Million ≈ $52.62 Million |
0.377x | +19.49% |
| 2013-12-31 | CN¥734.12 Million ≈ $107.42 Million |
CN¥231.49 Million ≈ $33.87 Million |
0.315x | -42.44% |
| 2012-12-31 | CN¥458.02 Million ≈ $67.02 Million |
CN¥250.91 Million ≈ $36.72 Million |
0.548x | +63.65% |
| 2011-12-31 | CN¥281.56 Million ≈ $41.20 Million |
CN¥94.25 Million ≈ $13.79 Million |
0.335x | -- |
About Shenzhen Kinwong Electronic Co Ltd
Shenzhen Kinwong Electronic Co., Ltd. engages in research, development, production, and sale of printed circuit boards (PCB) and electronic materials in China and internationally. The company offers conventional PCBs, including single-layer, double-layer, and multi-layer PCBs; metal-based PCBs that comprise copper, aluminum, stainless steel, and iron; flexible PCBs, such as single and double side… Read more