Shanghai Smith Adhesive New (603683) - Cash Flow Conversion Efficiency
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.
Shanghai Smith Adhesive New - Cash Flow Conversion Efficiency Trend (2012–2024)
This chart illustrates how Shanghai Smith Adhesive New's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read 603683 current and long-term liabilities for a breakdown of total debt and financial obligations.
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 |
|---|---|
|
Huafu Top Dyed Melange Yarn Co Ltd
SHE:002042
|
0.069x |
|
Empresa Nacional de Telecomunicaciones SA
SN:ENTEL
|
0.090x |
|
Sichuan Crun Co Ltd
SHE:002272
|
-0.006x |
|
Hangzhou Raycloud Technology Co Ltd
SHG:688365
|
0.018x |
|
Heidrick & Struggles International
NASDAQ:HSII
|
0.264x |
|
Guomai Technologies Inc
SHE:002093
|
0.092x |
|
Suzhou Jinfu New Material Co
SHE:300128
|
-0.225x |
|
Lindab International AB
ST:LIAB
|
0.071x |
Annual Cash Flow Conversion Efficiency for Shanghai Smith Adhesive New (2012–2024)
The table below shows the annual cash flow conversion efficiency of Shanghai Smith Adhesive New from 2012 to 2024. 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 |
|---|---|---|---|---|
| 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
Shanghai Smith Adhesive New Material Co.,Ltd manufactures and sells various adhesive tapes and adhesives in China. The company offers industrial materials, including masking, duct, rice paper, electronics, foam, aluminum foil, covering, double sided, and kraft paper tapes, as well as BOPP tapes; electronic materials, which comprise PET, blue film, transfer, conductive, PE foam, tissue, and firepr… Read more