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. See 603329 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Beijing Kaiwen Education Technology Co Ltd
SHE:002659
|
0.034x |
|
Paysafe Ltd
NYSE:PSFE
|
0.114x |
|
Hanil Cement Co Ltd
KO:003300
|
0.040x |
|
Ningbo Heli Mould Technology Co Ltd Class A
SHG:603917
|
0.027x |
|
INNOX Advanced Materials Co.Ltd
KQ:272290
|
0.015x |
|
Zhejiang XinNong Chemical Co Ltd Class A
SHE:002942
|
0.047x |
|
Maithan Alloys Limited
NSE:MAITHANALL
|
0.029x |
|
Xiamen R&T Plumbing Technology Co Ltd
SHE:002790
|
0.021x |
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