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.
Three Stars NM - Cash Flow Conversion Efficiency Trend (2012–2024)
This chart illustrates how Three Stars NM's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read 603578 liabilities breakdown for a breakdown of total debt and financial obligations.
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 |
|---|---|
|
Valneva SE
PA:VLA
|
-0.116x |
|
WHA UTILITIES AND PO
BK:WHAUP-R
|
0.024x |
|
DongGuan Winnerway Industrial Zone Ltd
SHE:000573
|
-0.006x |
|
Bank Mestika Dharma Tbk
JK:BBMD
|
0.018x |
|
Shandong Gold Phoenix Co Ltd
SHG:603586
|
0.050x |
|
Guizhou Yibai Pharmaceutical Co Ltd
SHG:600594
|
0.013x |
|
Nanjing TDH Technology Co. Ltd. A
SHE:301378
|
N/A |
|
Echoiq Ltd
AU:EIQ
|
-0.300x |
Annual Cash Flow Conversion Efficiency for Three Stars NM (2012–2024)
The table below shows the annual cash flow conversion efficiency of Three Stars NM from 2012 to 2024. 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 |
|---|---|---|---|---|
| 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