Shandong Daye Co Ltd Class A (603278) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Shandong Daye Co Ltd Class A (603278) has a cash flow conversion efficiency ratio of 0.074x 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¥148.87 Million ≈ $21.78 Million USD) by net assets (CN¥2.01 Billion ≈ $293.61 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Shandong Daye Co Ltd Class A - Cash Flow Conversion Efficiency Trend (2013–2024)
This chart illustrates how Shandong Daye Co Ltd Class A's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read Shandong Daye Co Ltd Class A debt and liabilities for a breakdown of total debt and financial obligations.
Shandong Daye Co Ltd Class A Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Shandong Daye Co Ltd Class A ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Bouvet
OL:BOUV
|
0.857x |
|
Eson Precision Ind Co Ltd
TW:5243
|
0.097x |
|
AB Siauliu Bankas
F:ZH5
|
-0.179x |
|
Shanghai Shentong Metro Co Ltd
SHG:600834
|
-0.012x |
|
Shandong Rike Chemical
SHE:300214
|
0.021x |
|
Rural Funds Group
AU:RFF
|
0.027x |
|
Tengda Construction Group Co Ltd
SHG:600512
|
-0.002x |
|
TianJin JinRong TianYu Precision Machinery Inc.
SHE:300988
|
0.019x |
Annual Cash Flow Conversion Efficiency for Shandong Daye Co Ltd Class A (2013–2024)
The table below shows the annual cash flow conversion efficiency of Shandong Daye Co Ltd Class A from 2013 to 2024. For the full company profile with market capitalisation and key ratios, see 603278 stock market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥2.43 Billion ≈ $355.25 Million |
CN¥487.13 Million ≈ $71.28 Million |
0.201x | -0.59% |
| 2023-12-31 | CN¥2.61 Billion ≈ $382.01 Million |
CN¥526.93 Million ≈ $77.11 Million |
0.202x | +512.26% |
| 2022-12-31 | CN¥2.05 Billion ≈ $300.10 Million |
CN¥-100.41 Million ≈ $-14.69 Million |
-0.049x | -135.30% |
| 2021-12-31 | CN¥1.84 Billion ≈ $269.83 Million |
CN¥255.73 Million ≈ $37.42 Million |
0.139x | +231.67% |
| 2020-12-31 | CN¥1.76 Billion ≈ $257.70 Million |
CN¥-185.49 Million ≈ $-27.14 Million |
-0.105x | -191.30% |
| 2019-12-31 | CN¥1.70 Billion ≈ $249.40 Million |
CN¥196.62 Million ≈ $28.77 Million |
0.115x | -45.20% |
| 2018-12-31 | CN¥1.53 Billion ≈ $223.41 Million |
CN¥321.40 Million ≈ $47.03 Million |
0.211x | +179.63% |
| 2017-12-31 | CN¥1.36 Billion ≈ $199.45 Million |
CN¥102.61 Million ≈ $15.02 Million |
0.075x | -73.88% |
| 2016-12-31 | CN¥584.76 Million ≈ $85.57 Million |
CN¥168.51 Million ≈ $24.66 Million |
0.288x | -6.98% |
| 2015-12-31 | CN¥441.76 Million ≈ $64.64 Million |
CN¥136.86 Million ≈ $20.03 Million |
0.310x | +39.13% |
| 2014-12-31 | CN¥369.21 Million ≈ $54.03 Million |
CN¥82.21 Million ≈ $12.03 Million |
0.223x | +322.46% |
| 2013-12-31 | CN¥324.43 Million ≈ $47.47 Million |
CN¥-32.47 Million ≈ $-4.75 Million |
-0.100x | -- |
About Shandong Daye Co Ltd Class A
Shandong Daye Co., Ltd. engages in the research, development, production, and sales of bead wires, steel cords, and hose steel, aluminum-clad steel and rope wires in China. It also provides steel nails, aluminum products, metallurgical rollers and accessories, textile machinery and accessories, auto parts, and motorcycle accessories. In addition, it provides spraying, metal surface treatment, and… Read more