Xingguang Agricultural Mach
Thinker Agricultural Machinery Co., Ltd. engages in the research and development, manufacture, sale, and service of agricultural machinery in China and internationally. Its products include grain harvesting, grain crop harvesting, grain processing, farming, power, and hay harvesting machineries. The company was founded in 2004 and is based in Huzhou, China.
Xingguang Agricultural Mach (603789) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: -0.127x
Based on the latest financial reports, Xingguang Agricultural Mach (603789) has a cash flow conversion efficiency ratio of -0.127x 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¥-32.35 Million) by net assets (CN¥255.30 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Xingguang Agricultural Mach - Cash Flow Conversion Efficiency Trend (2011–2024)
This chart illustrates how Xingguang Agricultural Mach's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Xingguang Agricultural Mach Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Xingguang Agricultural Mach ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Falcon Oil & Gas Ltd.
PINK:FOLGF
|
-0.012x |
|
ATW Technology Inc
TWO:8097
|
0.002x |
|
Pacific Century Regional Developments Limited
F:PFQ
|
-0.015x |
|
Satellos Bioscience Inc
OTCQB:MSCLF
|
-0.121x |
|
Galaxy Far East
TWO:6227
|
-0.118x |
|
Eltel AB (publ)
F:E5E
|
0.245x |
|
Keyang Elec Ma
KO:012200
|
-0.186x |
|
Administradora Americana de Inversiones S.A.
SN:AAISA
|
N/A |
Annual Cash Flow Conversion Efficiency for Xingguang Agricultural Mach (2011–2024)
The table below shows the annual cash flow conversion efficiency of Xingguang Agricultural Mach from 2011 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥283.84 Million | CN¥-57.31 Million | -0.202x | -640.86% |
| 2023-12-31 | CN¥463.59 Million | CN¥17.31 Million | 0.037x | +219.97% |
| 2022-12-31 | CN¥513.46 Million | CN¥-15.98 Million | -0.031x | -181.97% |
| 2021-12-31 | CN¥662.92 Million | CN¥25.17 Million | 0.038x | +139.67% |
| 2020-12-31 | CN¥876.28 Million | CN¥-83.86 Million | -0.096x | -4.10% |
| 2019-12-31 | CN¥1.11 Billion | CN¥-102.43 Million | -0.092x | +24.82% |
| 2018-12-31 | CN¥1.10 Billion | CN¥-134.24 Million | -0.122x | -33.25% |
| 2017-12-31 | CN¥1.13 Billion | CN¥-104.01 Million | -0.092x | -191.86% |
| 2016-12-31 | CN¥1.11 Billion | CN¥110.79 Million | 0.100x | +166.87% |
| 2015-12-31 | CN¥1.03 Billion | CN¥-154.05 Million | -0.149x | -137.87% |
| 2014-12-31 | CN¥532.36 Million | CN¥209.98 Million | 0.394x | +743.70% |
| 2013-12-31 | CN¥484.22 Million | CN¥22.64 Million | 0.047x | -93.57% |
| 2012-12-31 | CN¥390.08 Million | CN¥283.79 Million | 0.728x | +18.94% |
| 2011-12-31 | CN¥292.28 Million | CN¥178.78 Million | 0.612x | -- |