Shanghai Shine-Link Intl (603648) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.085x

Based on the latest financial reports, Shanghai Shine-Link Intl (603648) has a cash flow conversion efficiency ratio of 0.085x 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¥157.08 Million ≈ $22.99 Million USD) by net assets (CN¥1.85 Billion ≈ $270.50 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 Shanghai Shine-Link Intl (603648) net asset quality to measure how much of total assets are equity-financed.

Shanghai Shine-Link Intl - Cash Flow Conversion Efficiency Trend (2012–2024)

This chart illustrates how Shanghai Shine-Link Intl's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check 603648 cash flow quality score to evaluate the quality of earnings relative to operating cash generation.

Shanghai Shine-Link Intl Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Shanghai Shine-Link Intl ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Mahindra Holidays & Resorts India Limited NSE:MHRIL	0.349x
Longjian Road & Bridge Co Ltd SHG:600853	0.111x
Tyntek Corp TW:2426	0.005x
Nexxen International Ltd NASDAQ:NEXN	-0.045x
Zhejiang Jiaxin Silk Corp Ltd SHE:002404	-0.073x
Solowin Holdings NASDAQ:AXG	-0.002x
Smartgen (Zhengzhou) Technology Co. Ltd. A SHE:301361	N/A
Hangzhou Electn Soul Network SHG:603258	0.008x

Annual Cash Flow Conversion Efficiency for Shanghai Shine-Link Intl (2012–2024)

The table below shows the annual cash flow conversion efficiency of Shanghai Shine-Link Intl from 2012 to 2024. For the full company profile with market capitalisation and key ratios, see 603648 stock market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CN¥1.87 Billion ≈ $273.22 Million	CN¥254.12 Million ≈ $37.19 Million	0.136x	-23.02%
2023-12-31	CN¥1.86 Billion ≈ $272.13 Million	CN¥328.79 Million ≈ $48.11 Million	0.177x	+12.24%
2022-12-31	CN¥1.83 Billion ≈ $268.32 Million	CN¥288.85 Million ≈ $42.27 Million	0.158x	+13.43%
2021-12-31	CN¥1.82 Billion ≈ $266.50 Million	CN¥252.93 Million ≈ $37.01 Million	0.139x	-0.43%
2020-12-31	CN¥1.75 Billion ≈ $255.84 Million	CN¥243.86 Million ≈ $35.68 Million	0.139x	+28.63%
2019-12-31	CN¥1.70 Billion ≈ $249.05 Million	CN¥184.55 Million ≈ $27.01 Million	0.108x	+4182.60%
2018-12-31	CN¥1.64 Billion ≈ $240.05 Million	CN¥4.15 Million ≈ $607.79K	0.003x	-98.36%
2017-12-31	CN¥1.55 Billion ≈ $226.64 Million	CN¥239.11 Million ≈ $34.99 Million	0.154x	+3.29%
2016-12-31	CN¥866.70 Million ≈ $126.83 Million	CN¥129.54 Million ≈ $18.96 Million	0.149x	-27.65%
2015-12-31	CN¥736.28 Million ≈ $107.74 Million	CN¥152.10 Million ≈ $22.26 Million	0.207x	-18.94%
2014-12-31	CN¥474.73 Million ≈ $69.47 Million	CN¥120.98 Million ≈ $17.70 Million	0.255x	+107.82%
2013-12-31	CN¥369.45 Million ≈ $54.06 Million	CN¥45.30 Million ≈ $6.63 Million	0.123x	-71.63%
2012-12-31	CN¥271.82 Million ≈ $39.78 Million	CN¥117.49 Million ≈ $17.19 Million	0.432x	--

About Shanghai Shine-Link Intl

SHG:603648 China Integrated Freight & Logistics

Market Cap

$476.23 Million

CN¥3.25 Billion CNY

Market Cap Rank

#12279 Global

#3518 in China

Share Price

CN¥8.98

Change (1 day)

+2.05%

52-Week Range

CN¥8.42 - CN¥12.39

All Time High

CN¥29.33