Shenzhen Sunxing Light Alloys (603978) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Shenzhen Sunxing Light Alloys (603978) has a cash flow conversion efficiency ratio of -0.074x 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¥-124.18 Million ≈ $-18.17 Million USD) by net assets (CN¥1.67 Billion ≈ $244.55 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Shenzhen Sunxing Light Alloys - Cash Flow Conversion Efficiency Trend (2012–2024)
This chart illustrates how Shenzhen Sunxing Light Alloys's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read how much debt does Shenzhen Sunxing Light Alloys carry for a breakdown of total debt and financial obligations.
Shenzhen Sunxing Light Alloys Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Shenzhen Sunxing Light Alloys ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Shenzhen Fuanna Bedding and Furnishing Co Ltd
SHE:002327
|
0.032x |
|
DL Holdings CO. LTD.
KO:000210
|
0.026x |
|
Astra Agro Lestari Tbk
JK:AALI
|
0.063x |
|
Hangzhou Biotest Biotech Co Ltd
SHG:688767
|
0.012x |
|
Thaifoods Group Public Company Limited
BK:TFG-R
|
0.223x |
|
Koza Anadolu Metal Madencilik Isletmeleri AS
IS:KOZAA
|
0.122x |
|
Xiangyang Automobile Bearing Co Ltd
SHE:000678
|
0.094x |
|
LIGHTHOUSE PROPERTIES
F:87O
|
N/A |
Annual Cash Flow Conversion Efficiency for Shenzhen Sunxing Light Alloys (2012–2024)
The table below shows the annual cash flow conversion efficiency of Shenzhen Sunxing Light Alloys from 2012 to 2024. For the full company profile with market capitalisation and key ratios, see 603978 market cap overview.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥1.73 Billion ≈ $253.19 Million |
CN¥-247.16 Million ≈ $-36.17 Million |
-0.143x | -16.97% |
| 2023-12-31 | CN¥1.60 Billion ≈ $233.85 Million |
CN¥-195.17 Million ≈ $-28.56 Million |
-0.122x | -44.52% |
| 2022-12-31 | CN¥1.73 Billion ≈ $253.49 Million |
CN¥-146.39 Million ≈ $-21.42 Million |
-0.085x | +27.54% |
| 2021-12-31 | CN¥1.79 Billion ≈ $261.78 Million |
CN¥-208.63 Million ≈ $-30.53 Million |
-0.117x | +33.52% |
| 2020-12-31 | CN¥1.67 Billion ≈ $244.55 Million |
CN¥-293.18 Million ≈ $-42.90 Million |
-0.175x | -303.61% |
| 2019-12-31 | CN¥1.51 Billion ≈ $220.31 Million |
CN¥-65.44 Million ≈ $-9.58 Million |
-0.043x | -146.28% |
| 2018-12-31 | CN¥1.41 Billion ≈ $206.56 Million |
CN¥132.58 Million ≈ $19.40 Million |
0.094x | +148.69% |
| 2017-12-31 | CN¥1.32 Billion ≈ $192.97 Million |
CN¥-254.39 Million ≈ $-37.23 Million |
-0.193x | -251.03% |
| 2016-12-31 | CN¥662.80 Million ≈ $96.99 Million |
CN¥84.66 Million ≈ $12.39 Million |
0.128x | -20.29% |
| 2015-12-31 | CN¥530.03 Million ≈ $77.56 Million |
CN¥84.93 Million ≈ $12.43 Million |
0.160x | -34.29% |
| 2014-12-31 | CN¥447.31 Million ≈ $65.46 Million |
CN¥109.08 Million ≈ $15.96 Million |
0.244x | +58.89% |
| 2013-12-31 | CN¥378.12 Million ≈ $55.33 Million |
CN¥58.03 Million ≈ $8.49 Million |
0.153x | -66.16% |
| 2012-12-31 | CN¥294.06 Million ≈ $43.03 Million |
CN¥133.36 Million ≈ $19.52 Million |
0.454x | -- |
About Shenzhen Sunxing Light Alloys
Shenzhen SunXing Light Alloys Materials Co.,Ltd. develops, produces, and sells light alloy materials in China. The company offers aluminum and magnesium alloy materials for use in various fields, such as military, aerospace, navigation, rail transit. Shenzhen SunXing Light Alloys Materials Co.,Ltd. was founded in 1992 and is based in Shenzhen, China.