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 603683 defensive interval ratio to measure how many days the company can operate on defensive assets alone.

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.

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
B.Grimm Power Public Company Limited BK:BGRIM	0.069x
Xior Student Housing NV BR:XIOR	0.032x
J & J Snack Foods Corp NASDAQ:JJSF	0.018x
Wolverine World Wide Inc NYSE:WWW	-0.192x
Geo-Jade Petroleum Corp SHG:600759	0.002x
Sino Geophysical SHE:300191	0.018x
Kinnevik Investment AB ser. B ST:KINV-B	0.001x
World Kinect Corporation NYSE:WKC	-0.038x

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 market cap of Shanghai Smith Adhesive New.

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

$1.40 Billion

CN¥9.55 Billion CNY

Market Cap Rank

#7656 Global

#1789 in China

Share Price

CN¥32.80

Change (1 day)

+2.95%

52-Week Range

CN¥14.15 - CN¥36.39

All Time High

CN¥36.39