Guangdong Songyang Recycle Resources Co Ltd (603863) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Guangdong Songyang Recycle Resources Co Ltd (603863) has a cash flow conversion efficiency ratio of -0.018x 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¥-6.78 Million ≈ $-992.06K USD) by net assets (CN¥366.88 Million ≈ $53.69 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Guangdong Songyang Recycle Resources Co Ltd - Cash Flow Conversion Efficiency Trend (2012–2024)
This chart illustrates how Guangdong Songyang Recycle Resources Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read debt load of Guangdong Songyang Recycle Resources Co for a breakdown of total debt and financial obligations.
Guangdong Songyang Recycle Resources Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Guangdong Songyang Recycle Resources Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Goodluck India Limited
NSE:GOODLUCK
|
0.040x |
|
Kailong High Technology Co. Ltd.
SHE:300912
|
N/A |
|
Zevra Therapeutics Inc.
NASDAQ:ZVRA
|
0.035x |
|
Bridgewater Bancshares Inc
NASDAQ:BWB
|
0.030x |
|
Bouvet
OL:BOUV
|
0.819x |
|
Vietnam Construction and Import Export JSC
VN:VCG
|
-0.098x |
|
Veradigm Inc.
NASDAQ:MDRX
|
0.024x |
|
Sinopec Shandong Taishan Petroleum Co Ltd
SHE:000554
|
0.040x |
Annual Cash Flow Conversion Efficiency for Guangdong Songyang Recycle Resources Co Ltd (2012–2024)
The table below shows the annual cash flow conversion efficiency of Guangdong Songyang Recycle Resources Co Ltd from 2012 to 2024. For the full company profile with market capitalisation and key ratios, see 603863 market cap overview.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥468.49 Million ≈ $68.55 Million |
CN¥8.58 Million ≈ $1.26 Million |
0.018x | +142.32% |
| 2023-12-31 | CN¥660.39 Million ≈ $96.64 Million |
CN¥-28.57 Million ≈ $-4.18 Million |
-0.043x | +68.36% |
| 2022-12-31 | CN¥897.10 Million ≈ $131.27 Million |
CN¥-122.64 Million ≈ $-17.95 Million |
-0.137x | -762.75% |
| 2021-12-31 | CN¥1.18 Billion ≈ $173.06 Million |
CN¥24.40 Million ≈ $3.57 Million |
0.021x | -62.28% |
| 2020-12-31 | CN¥1.18 Billion ≈ $171.97 Million |
CN¥64.27 Million ≈ $9.40 Million |
0.055x | -44.07% |
| 2019-12-31 | CN¥1.12 Billion ≈ $163.69 Million |
CN¥109.38 Million ≈ $16.01 Million |
0.098x | -59.99% |
| 2018-12-31 | CN¥572.36 Million ≈ $83.75 Million |
CN¥139.86 Million ≈ $20.47 Million |
0.244x | -11.35% |
| 2017-12-31 | CN¥477.45 Million ≈ $69.87 Million |
CN¥131.62 Million ≈ $19.26 Million |
0.276x | +15.71% |
| 2016-12-31 | CN¥221.86 Million ≈ $32.47 Million |
CN¥52.86 Million ≈ $7.73 Million |
0.238x | -37.37% |
| 2015-12-31 | CN¥100.34 Million ≈ $14.68 Million |
CN¥38.17 Million ≈ $5.58 Million |
0.380x | +3.63% |
| 2014-12-31 | CN¥36.27 Million ≈ $5.31 Million |
CN¥13.31 Million ≈ $1.95 Million |
0.367x | +193.35% |
| 2013-12-31 | CN¥30.28 Million ≈ $4.43 Million |
CN¥-11.91 Million ≈ $-1.74 Million |
-0.393x | +87.95% |
| 2012-12-31 | CN¥25.83 Million ≈ $3.78 Million |
CN¥-84.30 Million ≈ $-12.34 Million |
-3.264x | -- |
About Guangdong Songyang Recycle Resources Co Ltd
GuangDong SongYang Recycle Resources CO.,LTD engages in the research and development, production, and sale of recycled paper products in China. It offers white board paper, corrugated paper, and specialty paper. The company was formerly known as Shantou Songyang Paper Industry Co., Ltd. GuangDong SongYang Recycle Resources CO.,LTD was incorporated in 2008 and is headquartered in Shantou, China.