Shanghai Ace Invest&Dvlp Co Cash Flow Conversion Efficiency

Latest as of June 2023: 0.062x

Shanghai Ace Invest&Dvlp Co 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.

Cash Flow Conversion Efficiency of Shanghai Ace Invest&Dvlp Co (2014–2024)

Cash flow conversion efficiency of Shanghai Ace Invest&Dvlp Co from 2014 to 2024. This chart illustrates how Shanghai Ace Invest&Dvlp Co's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Shanghai Ace Invest&Dvlp Co stock quote for real-time trading data and today's change.

Shanghai Ace Invest&Dvlp Co Cash Flow Conversion Ratio Explained

Shanghai Ace Invest&Dvlp Co cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.

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. Also see Shanghai Ace Invest&Dvlp Co (603329) market capitalisation for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
Bystronic AG SW:BYS	-0.031x
Taskus Inc NASDAQ:TASK	0.144x
Mobia Medical, Inc. Common Stock NASDAQ:MOBI	-0.091x
Dimed S.A. Distribuidora de Medicamentos SA:PNVL3	0.068x
MVB Financial Corp NASDAQ:MVBF	-0.070x
Ningbo Lehui International Engineering Equipment Co Ltd Class A SHG:603076	0.088x
Verra Mobility Corp NASDAQ:VRRM	0.255x
Shandong Tongda Island New Materials Co Ltd SHE:300321	-0.010x

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. Review 603329 free cash flow generation to assess how much free cash flow the company generates relative to operating cash flow.

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

$332.97 Million

CN¥2.28 Billion CNY

Market Cap Rank

#14007 Global

#4163 in China

Share Price

CN¥9.10

Change (1 day)

-1.94%

52-Week Range

CN¥8.92 - CN¥12.50

All Time High

CN¥35.96