Tianyang Hot Mel
Tianyang New Materials (Shanghai) Technology Co., Ltd. engages in the research and development, manufacture, and sale of thermoplastic and reactive adhesive materials in China and internationally. The company offers thermoplastic hot melt adhesives, including copolyamide, copolyester, modified PA material, web adhesives, and film adhesives; and reactive adhesives comprising PUR adhesives, photovo… Read more
Tianyang Hot Mel (603330) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2023: 0.060x
Based on the latest financial reports, Tianyang Hot Mel (603330) has a cash flow conversion efficiency ratio of 0.060x 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¥119.86 Million) by net assets (CN¥1.99 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Tianyang Hot Mel - Cash Flow Conversion Efficiency Trend (2012–2024)
This chart illustrates how Tianyang Hot Mel's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Tianyang Hot Mel Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Tianyang Hot Mel ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Qudian Inc
NYSE:QD
|
0.053x |
|
Enanta Pharmaceuticals Inc
NASDAQ:ENTA
|
-0.092x |
|
Ningbo Ocean Shipping Co. Ltd. A
SHG:601022
|
N/A |
|
Synektik S.A.
WAR:SNT
|
0.376x |
|
GuangDong Leary New Material Technology Co. Ltd. A
SHG:688683
|
0.046x |
|
Electrosteel Castings Limited
NSE:ELECTCAST
|
0.072x |
|
Binggrae
KO:005180
|
0.154x |
|
Blockchain Group SA
PA:ALTBG
|
0.070x |
Annual Cash Flow Conversion Efficiency for Tianyang Hot Mel (2012–2024)
The table below shows the annual cash flow conversion efficiency of Tianyang Hot Mel from 2012 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥1.55 Billion | CN¥51.14 Million | 0.033x | -18.27% |
| 2023-12-31 | CN¥1.81 Billion | CN¥72.85 Million | 0.040x | +116.21% |
| 2022-12-31 | CN¥1.02 Billion | CN¥-254.74 Million | -0.249x | -680.08% |
| 2021-12-31 | CN¥1.14 Billion | CN¥-36.22 Million | -0.032x | -146.54% |
| 2020-12-31 | CN¥715.18 Million | CN¥48.98 Million | 0.068x | -6.61% |
| 2019-12-31 | CN¥615.48 Million | CN¥45.14 Million | 0.073x | +11.43% |
| 2018-12-31 | CN¥639.44 Million | CN¥42.09 Million | 0.066x | +1046.89% |
| 2017-12-31 | CN¥617.71 Million | CN¥-4.29 Million | -0.007x | -105.24% |
| 2016-12-31 | CN¥362.58 Million | CN¥48.10 Million | 0.133x | -15.27% |
| 2015-12-31 | CN¥308.94 Million | CN¥48.37 Million | 0.157x | +109.99% |
| 2014-12-31 | CN¥258.65 Million | CN¥19.29 Million | 0.075x | -26.14% |
| 2013-12-31 | CN¥220.02 Million | CN¥22.21 Million | 0.101x | +26.53% |
| 2012-12-31 | CN¥187.07 Million | CN¥14.93 Million | 0.080x | -- |