Shanghai Ace Invest&Dvlp Co (603329) - Cash Flow Conversion Efficiency
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 ≈ $11.14 Million USD) by net assets (CN¥1.23 Billion ≈ $179.97 Million USD). 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. Read 603329 total liabilities for a breakdown of total debt and financial obligations.
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 |
|---|---|
|
ShaMaran Petroleum Corp
V:SNM
|
0.019x |
|
Linzhou Heavy Machinery Group Co Ltd
SHE:002535
|
0.027x |
|
AMAROQ MINERALS LTD
F:72Q
|
N/A |
|
Nantex Industry Co Ltd
TW:2108
|
0.046x |
|
Beijing Telesound Electronics Co Ltd
SHE:003004
|
0.017x |
|
Guangdong Anjubao Digital Tech
SHE:300155
|
0.000x |
|
Valhi Inc
NYSE:VHI
|
-0.001x |
|
Guang Dong Sitong Group Co Ltd
SHG:603838
|
-0.024x |
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. For the full company profile with market capitalisation and key ratios, see how much is Shanghai Ace Invest&Dvlp Co worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥1.28 Billion ≈ $188.03 Million |
CN¥-459.83 Million ≈ $-67.29 Million |
-0.358x | -405.02% |
| 2023-12-31 | CN¥1.28 Billion ≈ $186.63 Million |
CN¥149.63 Million ≈ $21.90 Million |
0.117x | -19.96% |
| 2022-12-31 | CN¥1.29 Billion ≈ $189.39 Million |
CN¥189.70 Million ≈ $27.76 Million |
0.147x | +54.26% |
| 2021-12-31 | CN¥1.17 Billion ≈ $171.84 Million |
CN¥111.58 Million ≈ $16.33 Million |
0.095x | -15.55% |
| 2020-12-31 | CN¥789.60 Million ≈ $115.54 Million |
CN¥88.84 Million ≈ $13.00 Million |
0.113x | -54.78% |
| 2019-12-31 | CN¥690.67 Million ≈ $101.07 Million |
CN¥171.84 Million ≈ $25.15 Million |
0.249x | +261.73% |
| 2018-12-31 | CN¥795.31 Million ≈ $116.38 Million |
CN¥-122.35 Million ≈ $-17.90 Million |
-0.154x | -380.87% |
| 2017-12-31 | CN¥792.81 Million ≈ $116.01 Million |
CN¥43.42 Million ≈ $6.35 Million |
0.055x | -38.39% |
| 2016-12-31 | CN¥443.58 Million ≈ $64.91 Million |
CN¥39.44 Million ≈ $5.77 Million |
0.089x | -65.46% |
| 2015-12-31 | CN¥421.06 Million ≈ $61.61 Million |
CN¥108.37 Million ≈ $15.86 Million |
0.257x | -1.97% |
| 2014-12-31 | CN¥385.03 Million ≈ $56.34 Million |
CN¥101.09 Million ≈ $14.79 Million |
0.263x | -- |
About 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