Shandong Daye Co Ltd Class A (603278) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.074x

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. See Shandong Daye Co Ltd Class A (603278) balance sheet quality index to measure how much of total assets are equity-financed.

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. Check 603278 operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.

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
Tibet Tourism Co Ltd SHG:600749	0.052x
Clientele JSE:CLI	-0.059x
Sagimet Biosciences Inc. Series A Common Stock NASDAQ:SGMT	-0.084x
Roma Green Finance Limited Ordinary Shares NASDAQ:ROMA	-0.157x
Radium Development Berhad KLSE:5313	-0.050x
Hillstone Networks Co Ltd SHG:688030	-0.042x
Lanzhou Greatwall Electrical Co Ltd SHG:600192	-0.019x
Ooma Inc NYSE:OOMA	0.067x

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 Shandong Daye Co Ltd Class A (603278) total market value.

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

SHG:603278 China Metal Fabrication

Market Cap

$474.60 Million

CN¥3.24 Billion CNY

Market Cap Rank

#12497 Global

#3644 in China

Share Price

CN¥9.49

Change (1 day)

+0.64%

52-Week Range

CN¥8.08 - CN¥17.72

All Time High

CN¥22.78