Shanghai Ace Invest&Dvlp Co
Shanghai Ace Investment&Development Co.,Ltd engages in the supply chain logistics and supply chain execution trading businesses in China. The company offers multimodal transport of railways, highways, and waterways; and third-party logistics services. It also provides warehouses, bulk cargo yards, container operation stations, liquid chemical storage tanks, warehousing and processing centers, and… Read more
Shanghai Ace Invest&Dvlp Co (603329) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2023: 0.062x
Based on the latest financial reports, Shanghai Ace Invest&Dvlp Co (603329) has a cash flow conversion efficiency ratio of 0.062x 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¥76.12 Million) by net assets (CN¥1.23 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Shanghai Ace Invest&Dvlp Co - Cash Flow Conversion Efficiency Trend (2014–2024)
This chart illustrates how Shanghai Ace Invest&Dvlp Co's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Shanghai Ace Invest&Dvlp Co Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Shanghai Ace Invest&Dvlp Co ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Asia Aviation Public Company Limited
BK:AAV-R
|
0.164x |
|
Neobo Fastigheter AB (publ)
LSE:0XCY
|
N/A |
|
Episil-Precision Inc
TW:3016
|
0.019x |
|
FINEOS Corporation Holdings plc
OTCGREY:FNCHF
|
0.046x |
|
Parpro Corp
TW:4916
|
0.003x |
|
NexPoint Strategic Opportunities Fund
NYSE:NXDT
|
0.001x |
|
Jiangsu Fengshan Group Co Ltd
SHG:603810
|
-0.013x |
|
MITO SECURITIES
F:896
|
N/A |
Annual Cash Flow Conversion Efficiency for Shanghai Ace Invest&Dvlp Co (2014–2024)
The table below shows the annual cash flow conversion efficiency of Shanghai Ace Invest&Dvlp Co from 2014 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥1.28 Billion | CN¥-459.83 Million | -0.358x | -405.02% |
| 2023-12-31 | CN¥1.28 Billion | CN¥149.63 Million | 0.117x | -19.96% |
| 2022-12-31 | CN¥1.29 Billion | CN¥189.70 Million | 0.147x | +54.26% |
| 2021-12-31 | CN¥1.17 Billion | CN¥111.58 Million | 0.095x | -15.55% |
| 2020-12-31 | CN¥789.60 Million | CN¥88.84 Million | 0.113x | -54.78% |
| 2019-12-31 | CN¥690.67 Million | CN¥171.84 Million | 0.249x | +261.73% |
| 2018-12-31 | CN¥795.31 Million | CN¥-122.35 Million | -0.154x | -380.87% |
| 2017-12-31 | CN¥792.81 Million | CN¥43.42 Million | 0.055x | -38.39% |
| 2016-12-31 | CN¥443.58 Million | CN¥39.44 Million | 0.089x | -65.46% |
| 2015-12-31 | CN¥421.06 Million | CN¥108.37 Million | 0.257x | -1.97% |
| 2014-12-31 | CN¥385.03 Million | CN¥101.09 Million | 0.263x | -- |