Shanghai M&G Stationery Inc (603899) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.080x

Based on the latest financial reports, Shanghai M&G Stationery Inc (603899) has a cash flow conversion efficiency ratio of 0.080x 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¥755.55 Million ≈ $110.56 Million USD) by net assets (CN¥9.49 Billion ≈ $1.39 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See 603899 net asset quality index to measure how much of total assets are equity-financed.

Shanghai M&G Stationery Inc - Cash Flow Conversion Efficiency Trend (2011–2025)

This chart illustrates how Shanghai M&G Stationery Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check 603899 cash flow quality score to evaluate the quality of earnings relative to operating cash generation.

Shanghai M&G Stationery Inc Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Shanghai M&G Stationery Inc ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
CITIC Heavy Industries Co Ltd SHG:601608	0.033x
TORM plc CO:TRMD-A	0.056x
Société Anonyme des Bains de Mer et du Cercle des Étrangers à Monaco F:RJ8	0.037x
Almonty Industries Inc. Common Shares NASDAQ:ALM	-0.035x
Orla Mining Ltd TO:OLA	0.266x
Knowles Cor NYSE:KN	-0.001x
WIENERBERGER ADR 1/5/O.N. F:WIBA	N/A
Nicolet Bankshares Inc. NYSE:NIC	0.007x

Annual Cash Flow Conversion Efficiency for Shanghai M&G Stationery Inc (2011–2025)

The table below shows the annual cash flow conversion efficiency of Shanghai M&G Stationery Inc from 2011 to 2025. For the full company profile with market capitalisation and key ratios, see Shanghai M&G Stationery Inc market cap and net worth.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	CN¥9.88 Billion ≈ $1.45 Billion	CN¥2.28 Billion ≈ $333.94 Million	0.231x	-4.77%
2024-12-31	CN¥9.44 Billion ≈ $1.38 Billion	CN¥2.29 Billion ≈ $335.00 Million	0.243x	-22.56%
2023-12-31	CN¥8.35 Billion ≈ $1.22 Billion	CN¥2.62 Billion ≈ $382.89 Million	0.313x	+68.09%
2022-12-31	CN¥7.25 Billion ≈ $1.06 Billion	CN¥1.35 Billion ≈ $197.81 Million	0.186x	-22.12%
2021-12-31	CN¥6.52 Billion ≈ $954.56 Million	CN¥1.56 Billion ≈ $228.45 Million	0.239x	+2.40%
2020-12-31	CN¥5.44 Billion ≈ $796.19 Million	CN¥1.27 Billion ≈ $186.09 Million	0.234x	-3.63%
2019-12-31	CN¥4.46 Billion ≈ $652.77 Million	CN¥1.08 Billion ≈ $158.32 Million	0.243x	+2.43%
2018-12-31	CN¥3.50 Billion ≈ $511.67 Million	CN¥827.94 Million ≈ $121.15 Million	0.237x	-3.84%
2017-12-31	CN¥2.91 Billion ≈ $426.40 Million	CN¥717.50 Million ≈ $104.99 Million	0.246x	-9.08%
2016-12-31	CN¥2.52 Billion ≈ $368.28 Million	CN¥681.59 Million ≈ $99.74 Million	0.271x	+21.58%
2015-12-31	CN¥2.23 Billion ≈ $326.68 Million	CN¥497.27 Million ≈ $72.77 Million	0.223x	-16.98%
2014-12-31	CN¥1.28 Billion ≈ $186.80 Million	CN¥342.51 Million ≈ $50.12 Million	0.268x	+14.22%
2013-12-31	CN¥932.13 Million ≈ $136.40 Million	CN¥218.97 Million ≈ $32.04 Million	0.235x	-41.32%
2012-12-31	CN¥687.45 Million ≈ $100.60 Million	CN¥275.21 Million ≈ $40.27 Million	0.400x	+276.58%
2011-12-31	CN¥503.98 Million ≈ $73.75 Million	CN¥53.58 Million ≈ $7.84 Million	0.106x	--

About Shanghai M&G Stationery Inc

SHG:603899 China Business Equipment & Supplies

Market Cap

$3.14 Billion

CN¥21.43 Billion CNY

Market Cap Rank

#4706 Global

#765 in China

Share Price

CN¥23.40

Change (1 day)

-1.06%

52-Week Range

CN¥20.63 - CN¥32.38

All Time High

CN¥95.14