Shanghai Ace Invest&Dvlp Co (603329) - Cash Flow Conversion Efficiency

Latest 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 ≈ $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. Also see how much is Shanghai Ace Invest&Dvlp Co worth for the company's overall valuation and market capitalisation.

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.

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. Explore 603329 cash flow quality score to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
IBASE Technology TWO:8050	-0.057x
Shenzhen Zhongheng Huafa Co Ltd Class A SHE:000020	-0.032x
Grand Korea Leisure Co. Ltd KO:114090	0.076x
Fonciere Inea PA:INEA	0.034x
Solus Advanced Materials Co Ltd KO:336370	0.006x
Samkang M&T Co.Ltd KQ:100090	0.132x
Barnes & Noble Education Inc NYSE:BNED	0.274x
Zhejiang Shengda Pharm SHG:603079	0.028x

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. View Shanghai Ace Invest&Dvlp Co share price for real-time trading data and today's change.

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

SHG:603329 China Marine Shipping

Market Cap

$372.12 Million

CN¥2.54 Billion CNY

Market Cap Rank

#13951 Global

#4212 in China

Share Price

CN¥10.17

Change (1 day)

-0.10%

52-Week Range

CN¥8.92 - CN¥12.61

All Time High

CN¥35.96