Shandong Donghong Pipe Ind Co (603856) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Shandong Donghong Pipe Ind Co (603856) has a cash flow conversion efficiency ratio of 0.021x 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¥58.10 Million ≈ $8.50 Million USD) by net assets (CN¥2.71 Billion ≈ $396.54 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see market cap of Shandong Donghong Pipe Ind Co for the company's overall valuation and market capitalisation.
Shandong Donghong Pipe Ind Co - Cash Flow Conversion Efficiency Trend (2012–2024)
This chart illustrates how Shandong Donghong Pipe Ind Co's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Shandong Donghong Pipe Ind Co Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Shandong Donghong Pipe Ind Co ranked by their cash flow conversion efficiency. Explore Shandong Donghong Pipe Ind Co cash flow quality index to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Hanjia Design Croup Co Ltd Class A
SHE:300746
|
-0.002x |
|
Guangzhou Jinyi Media Corp
SHE:002905
|
2.017x |
|
Jiangsu Fasten Co Ltd
SHE:000890
|
0.332x |
|
Jiangxi Sunshine Dairy Co Ltd
SHE:001318
|
0.026x |
|
Thaitheparos Public Company Limited
BK:SAUCE
|
0.029x |
|
Daewon Cable Co. Ltd. Preference Shares
KO:006345
|
-0.036x |
|
Shenzhen Zowee Tech Co Ltd
SHE:002369
|
-0.064x |
|
Xinjiang East Universe Group Gas Co Ltd
SHG:603706
|
0.052x |
Annual Cash Flow Conversion Efficiency for Shandong Donghong Pipe Ind Co (2012–2024)
The table below shows the annual cash flow conversion efficiency of Shandong Donghong Pipe Ind Co from 2012 to 2024. View today's stock price for Shandong Donghong Pipe Ind Co for real-time trading data and today's change.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥2.35 Billion ≈ $344.15 Million |
CN¥94.46 Million ≈ $13.82 Million |
0.040x | -52.96% |
| 2023-12-31 | CN¥2.25 Billion ≈ $328.67 Million |
CN¥191.76 Million ≈ $28.06 Million |
0.085x | +930.46% |
| 2022-12-31 | CN¥2.12 Billion ≈ $310.26 Million |
CN¥17.57 Million ≈ $2.57 Million |
0.008x | +108.26% |
| 2021-12-31 | CN¥2.00 Billion ≈ $293.25 Million |
CN¥-200.95 Million ≈ $-29.41 Million |
-0.100x | -625.35% |
| 2020-12-31 | CN¥1.96 Billion ≈ $286.82 Million |
CN¥-27.10 Million ≈ $-3.97 Million |
-0.014x | -123.15% |
| 2019-12-31 | CN¥1.70 Billion ≈ $249.37 Million |
CN¥101.75 Million ≈ $14.89 Million |
0.060x | +34.62% |
| 2018-12-31 | CN¥1.55 Billion ≈ $226.95 Million |
CN¥68.79 Million ≈ $10.07 Million |
0.044x | +142.18% |
| 2017-12-31 | CN¥1.43 Billion ≈ $209.68 Million |
CN¥-150.67 Million ≈ $-22.05 Million |
-0.105x | -154.78% |
| 2016-12-31 | CN¥849.05 Million ≈ $124.24 Million |
CN¥162.97 Million ≈ $23.85 Million |
0.192x | +28.89% |
| 2015-12-31 | CN¥744.34 Million ≈ $108.92 Million |
CN¥110.85 Million ≈ $16.22 Million |
0.149x | +635.52% |
| 2014-12-31 | CN¥651.85 Million ≈ $95.39 Million |
CN¥-18.13 Million ≈ $-2.65 Million |
-0.028x | -264.10% |
| 2013-12-31 | CN¥564.28 Million ≈ $82.57 Million |
CN¥9.56 Million ≈ $1.40 Million |
0.017x | +103.09% |
| 2012-12-31 | CN¥380.04 Million ≈ $55.61 Million |
CN¥-208.22 Million ≈ $-30.47 Million |
-0.548x | -- |
About Shandong Donghong Pipe Ind Co
Shandong Donghong Pipe Industry Co., Ltd. engages in the research, development, manufacture, and servicing of pipeline systems in China. It offers SRTP piping systems, polyethylene pipes, PVC pipes, insulation pipe, and anti-corrosion metal pipes, as well as pipe connections. The company also develops and produces materials, such as plastic increase materials for polyolefin wear-resistant pipes, … Read more