Shanghai Smith Adhesive New (603683) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.025x

Based on the latest financial reports, Shanghai Smith Adhesive New (603683) has a cash flow conversion efficiency ratio of 0.025x 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¥40.43 Million ≈ $5.92 Million USD) by net assets (CN¥1.61 Billion ≈ $236.16 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 Smith Adhesive New (603683) balance sheet quality index to measure how much of total assets are equity-financed.

Shanghai Smith Adhesive New - Cash Flow Conversion Efficiency Trend (2012–2025)

This chart illustrates how Shanghai Smith Adhesive New's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Shanghai Smith Adhesive New (603683) cash flow quality to evaluate the quality of earnings relative to operating cash generation.

Shanghai Smith Adhesive New Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Shanghai Smith Adhesive New ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Hangzhou Bio-Sincerity Pharma-Tech Co.Ltd. SHE:301096	N/A
Prima Marine Public Company Limited BK:PRM	0.094x
Algoma Central Corporation TO:ALC	0.043x
QuinStreet Inc NASDAQ:QNST	0.073x
Shenzhen Strongteam Decoration Engineering Co Ltd SHE:002989	0.151x
J.S. Corrugating Machinery Co Ltd SHE:000821	0.038x
Hypoport SE XETRA:HYQ	0.012x
Beijing Global Safety Technology Co Ltd SHE:300523	-0.018x

Annual Cash Flow Conversion Efficiency for Shanghai Smith Adhesive New (2012–2025)

The table below shows the annual cash flow conversion efficiency of Shanghai Smith Adhesive New from 2012 to 2025. For the full company profile with market capitalisation and key ratios, see Shanghai Smith Adhesive New (603683) total market value.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	CN¥1.66 Billion ≈ $243.41 Million	CN¥199.84 Million ≈ $29.24 Million	0.120x	-41.74%
2024-12-31	CN¥1.34 Billion ≈ $195.98 Million	CN¥276.20 Million ≈ $40.42 Million	0.206x	+79.78%
2023-12-31	CN¥1.29 Billion ≈ $188.58 Million	CN¥147.83 Million ≈ $21.63 Million	0.115x	-39.28%
2022-12-31	CN¥1.01 Billion ≈ $148.44 Million	CN¥191.64 Million ≈ $28.04 Million	0.189x	+47.94%
2021-12-31	CN¥988.12 Million ≈ $144.59 Million	CN¥126.19 Million ≈ $18.47 Million	0.128x	+57.99%
2020-12-31	CN¥962.00 Million ≈ $140.77 Million	CN¥77.76 Million ≈ $11.38 Million	0.081x	-24.30%
2019-12-31	CN¥826.43 Million ≈ $120.93 Million	CN¥88.24 Million ≈ $12.91 Million	0.107x	+1034.03%
2018-12-31	CN¥809.64 Million ≈ $118.48 Million	CN¥-9.26 Million ≈ $-1.35 Million	-0.011x	-122.27%
2017-12-31	CN¥785.60 Million ≈ $114.96 Million	CN¥40.33 Million ≈ $5.90 Million	0.051x	-39.95%
2016-12-31	CN¥486.33 Million ≈ $71.16 Million	CN¥41.57 Million ≈ $6.08 Million	0.085x	-52.16%
2015-12-31	CN¥421.01 Million ≈ $61.61 Million	CN¥75.23 Million ≈ $11.01 Million	0.179x	-35.84%
2014-12-31	CN¥264.06 Million ≈ $38.64 Million	CN¥73.54 Million ≈ $10.76 Million	0.278x	-17.07%
2013-12-31	CN¥203.20 Million ≈ $29.73 Million	CN¥68.23 Million ≈ $9.98 Million	0.336x	-8.22%
2012-12-31	CN¥134.46 Million ≈ $19.68 Million	CN¥49.20 Million ≈ $7.20 Million	0.366x	--

About Shanghai Smith Adhesive New

SHG:603683 China Specialty Chemicals

Market Cap

$668.51 Million

CN¥4.57 Billion CNY

Market Cap Rank

#10770 Global

#2932 in China

Share Price

CN¥15.69

Change (1 day)

+2.95%

52-Week Range

CN¥13.34 - CN¥36.39

All Time High

CN¥36.39