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.

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. Read 603969 current and long-term liabilities for a breakdown of total debt and financial obligations.

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
MBB INDUSTRIES XETRA:MBB	0.067x
MONGOLIAN MINING CRP.REGS F:29X2	N/A
Advantage Oil & Gas Ltd. TO:AAV	0.048x
Hanza AB ST:HANZA	0.034x
TripAdvisor Inc NASDAQ:TRIP	-0.160x
Jiangsu Nanfang Bearing Co Ltd SHE:002553	0.031x
Keshun Waterproof Technologies Co Ltd Class A SHE:300737	-0.058x
Pan Jit International Inc TW:2481	-0.010x

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

$1.20 Billion

CN¥8.20 Billion CNY

Market Cap Rank

#8431 Global

#2208 in China

Share Price

CN¥9.56

Change (1 day)

+2.91%

52-Week Range

CN¥6.51 - CN¥11.41

All Time High

CN¥12.76