Three Stars NM (603578) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Three Stars NM (603578) has a cash flow conversion efficiency ratio of 0.232x as of September 2025. 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¥218.35 Million ≈ $31.95 Million USD) by net assets (CN¥939.51 Million ≈ $137.48 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 603578 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Three Stars NM - Cash Flow Conversion Efficiency Trend (2012–2025)
This chart illustrates how Three Stars NM's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Three Stars NM Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Three Stars NM ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Deutsche Beteiligungs AG
XETRA:DBAN
|
-0.020x |
|
Kneat.com Inc
TO:KSI
|
-0.047x |
|
AngioDynamics Inc
NASDAQ:ANGO
|
-0.018x |
|
Huaren Pharmaceutical Co Ltd
SHE:300110
|
0.094x |
|
First Copper Technology Co Ltd
TW:2009
|
0.033x |
|
Gigasolar Materials
TWO:3691
|
-0.036x |
|
Swedencare publ AB
ST:SECARE
|
0.007x |
|
Liaoning Shenhua Holdings Co Ltd
SHG:600653
|
0.036x |
Annual Cash Flow Conversion Efficiency for Three Stars NM (2012–2025)
The table below shows the annual cash flow conversion efficiency of Three Stars NM from 2012 to 2025. For the full company profile with market capitalisation and key ratios, see Three Stars NM (603578) total market value.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | CN¥777.48 Million ≈ $113.77 Million |
CN¥630.21 Million ≈ $92.22 Million |
0.811x | +10822.48% |
| 2024-12-31 | CN¥1.00 Billion ≈ $146.90 Million |
CN¥7.45 Million ≈ $1.09 Million |
0.007x | -93.35% |
| 2023-12-31 | CN¥1.12 Billion ≈ $163.95 Million |
CN¥125.07 Million ≈ $18.30 Million |
0.112x | +318.43% |
| 2022-12-31 | CN¥970.08 Million ≈ $141.95 Million |
CN¥-49.58 Million ≈ $-7.25 Million |
-0.051x | -391.92% |
| 2021-12-31 | CN¥948.51 Million ≈ $138.80 Million |
CN¥16.61 Million ≈ $2.43 Million |
0.018x | -57.71% |
| 2020-12-31 | CN¥745.98 Million ≈ $109.16 Million |
CN¥30.88 Million ≈ $4.52 Million |
0.041x | -89.32% |
| 2019-12-31 | CN¥633.23 Million ≈ $92.66 Million |
CN¥245.32 Million ≈ $35.90 Million |
0.387x | +2237.22% |
| 2018-12-31 | CN¥539.71 Million ≈ $78.98 Million |
CN¥-9.78 Million ≈ $-1.43 Million |
-0.018x | -124.71% |
| 2017-12-31 | CN¥496.25 Million ≈ $72.62 Million |
CN¥36.41 Million ≈ $5.33 Million |
0.073x | -61.19% |
| 2016-12-31 | CN¥220.98 Million ≈ $32.34 Million |
CN¥41.77 Million ≈ $6.11 Million |
0.189x | +7.52% |
| 2015-12-31 | CN¥226.07 Million ≈ $33.08 Million |
CN¥39.74 Million ≈ $5.82 Million |
0.176x | -18.84% |
| 2014-12-31 | CN¥211.45 Million ≈ $30.94 Million |
CN¥45.80 Million ≈ $6.70 Million |
0.217x | +15.83% |
| 2013-12-31 | CN¥177.01 Million ≈ $25.90 Million |
CN¥33.10 Million ≈ $4.84 Million |
0.187x | +1.66% |
| 2012-12-31 | CN¥142.89 Million ≈ $20.91 Million |
CN¥26.28 Million ≈ $3.85 Million |
0.184x | -- |
About Three Stars NM
Zhejiang Three Stars New Materials Co., Ltd., together with its subsidiaries, manufactures and sells glass products in China and internationally. It offers glass door, deep-processed glass, photovoltaic glass, and plastic products. The company also imports and exports its products. Its products are used in low-temperature storage equipment, including beverage cabinets, wine cabinets, smart retail… Read more