Tianjin Silvery Dragon (603969) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.026x

Based on the latest financial reports, Tianjin Silvery Dragon (603969) has a cash flow conversion efficiency ratio of 0.026x 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¥69.53 Million ≈ $10.17 Million USD) by net assets (CN¥2.70 Billion ≈ $395.39 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Tianjin Silvery Dragon (603969) liquidity interval to measure how many days the company can operate on defensive assets alone.

Tianjin Silvery Dragon - Cash Flow Conversion Efficiency Trend (2011–2024)

This chart illustrates how Tianjin Silvery Dragon's cash flow conversion efficiency has evolved over time, based on yearly financial data.

Tianjin Silvery Dragon Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Tianjin Silvery Dragon ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Corticeira Amorim LS:COR	0.036x
Shenyang Toly Bread Co Ltd SHG:603866	0.043x
Maravai Lifesciences Holdings Inc NASDAQ:MRVI	-0.035x
Svenska Handelsbanken AB (publ) ST:SHB-B	0.672x
Hunan Huakai Cultural and Creative Co Ltd SHE:300592	0.048x
SKF India Limited NSE:SKFINDIA	0.240x
Inox Green Energy Services Limited NSE:INOXGREEN	0.015x
Standard Lithium Ltd NYSE MKT:SLI	-0.016x

Annual Cash Flow Conversion Efficiency for Tianjin Silvery Dragon (2011–2024)

The table below shows the annual cash flow conversion efficiency of Tianjin Silvery Dragon from 2011 to 2024. For the full company profile with market capitalisation and key ratios, see 603969 market cap overview.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CN¥2.47 Billion ≈ $361.20 Million	CN¥-106.08 Million ≈ $-15.52 Million	-0.043x	-47.17%
2023-12-31	CN¥2.28 Billion ≈ $332.95 Million	CN¥-66.44 Million ≈ $-9.72 Million	-0.029x	-132.76%
2022-12-31	CN¥2.12 Billion ≈ $310.71 Million	CN¥189.26 Million ≈ $27.70 Million	0.089x	+355.36%
2021-12-31	CN¥2.01 Billion ≈ $294.63 Million	CN¥-70.28 Million ≈ $-10.28 Million	-0.035x	-124.75%
2020-12-31	CN¥1.92 Billion ≈ $280.80 Million	CN¥270.59 Million ≈ $39.60 Million	0.141x	+73450.03%
2019-12-31	CN¥1.84 Billion ≈ $269.30 Million	CN¥-353.80K ≈ $-51.77K	0.000x	-100.13%
2018-12-31	CN¥1.74 Billion ≈ $254.28 Million	CN¥256.90 Million ≈ $37.59 Million	0.148x	+805.46%
2017-12-31	CN¥1.64 Billion ≈ $240.01 Million	CN¥-34.37 Million ≈ $-5.03 Million	-0.021x	+61.05%
2016-12-31	CN¥1.61 Billion ≈ $234.99 Million	CN¥-86.39 Million ≈ $-12.64 Million	-0.054x	-138.60%
2015-12-31	CN¥1.52 Billion ≈ $222.85 Million	CN¥212.25 Million ≈ $31.06 Million	0.139x	-29.70%
2014-12-31	CN¥781.88 Million ≈ $114.41 Million	CN¥155.01 Million ≈ $22.68 Million	0.198x	+87.01%
2013-12-31	CN¥650.84 Million ≈ $95.24 Million	CN¥69.00 Million ≈ $10.10 Million	0.106x	+448.26%
2012-12-31	CN¥546.98 Million ≈ $80.04 Million	CN¥10.58 Million ≈ $1.55 Million	0.019x	+111.34%
2011-12-31	CN¥484.83 Million ≈ $70.95 Million	CN¥-82.70 Million ≈ $-12.10 Million	-0.171x	--

About Tianjin Silvery Dragon

SHG:603969 China Steel

Market Cap

$886.98 Million

CN¥6.06 Billion CNY

Market Cap Rank

#9499 Global

#2461 in China

Share Price

CN¥7.07

Change (1 day)

-4.33%

52-Week Range

CN¥7.05 - CN¥11.41

All Time High

CN¥12.76