Shanghai Kindly Entrp Dvlp Grp (603987) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.040x

Based on the latest financial reports, Shanghai Kindly Entrp Dvlp Grp (603987) has a cash flow conversion efficiency ratio of 0.040x 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¥120.86 Million ≈ $17.69 Million USD) by net assets (CN¥3.05 Billion ≈ $446.94 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 603987 net asset quality index to measure how much of total assets are equity-financed.

Shanghai Kindly Entrp Dvlp Grp - Cash Flow Conversion Efficiency Trend (2011–2024)

This chart illustrates how Shanghai Kindly Entrp Dvlp Grp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check earnings quality score of Shanghai Kindly Entrp Dvlp Grp to evaluate the quality of earnings relative to operating cash generation.

Shanghai Kindly Entrp Dvlp Grp Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Shanghai Kindly Entrp Dvlp Grp ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
VersaBank NASDAQ:VBNK	-0.112x
Shanghai ZJ Bio-Tech Co. Ltd. A SHG:688317	0.002x
Phu Nhuan Jewelry JSC VN:PNJ	-0.127x
Dolphin Drilling AS OL:DDRIL	-0.040x
Yulon Nissan Motor Co Ltd TW:2227	-0.012x
TWC Enterprises Ltd TO:TWC	0.081x
Wuxi Commercial Mansion Grand Orient Co Ltd SHG:600327	0.036x
Eniro AB ST:ENRO	0.028x

Annual Cash Flow Conversion Efficiency for Shanghai Kindly Entrp Dvlp Grp (2011–2024)

The table below shows the annual cash flow conversion efficiency of Shanghai Kindly Entrp Dvlp Grp from 2011 to 2024. For the full company profile with market capitalisation and key ratios, see market cap of Shanghai Kindly Entrp Dvlp Grp.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CN¥2.91 Billion ≈ $425.79 Million	CN¥292.49 Million ≈ $42.80 Million	0.101x	-37.93%
2023-12-31	CN¥2.78 Billion ≈ $406.67 Million	CN¥450.07 Million ≈ $65.86 Million	0.162x	-10.59%
2022-12-31	CN¥2.55 Billion ≈ $373.02 Million	CN¥461.74 Million ≈ $67.57 Million	0.181x	+50.14%
2021-12-31	CN¥3.39 Billion ≈ $496.06 Million	CN¥408.97 Million ≈ $59.85 Million	0.121x	-11.24%
2020-12-31	CN¥2.97 Billion ≈ $434.15 Million	CN¥403.28 Million ≈ $59.01 Million	0.136x	+43.01%
2019-12-31	CN¥2.70 Billion ≈ $394.71 Million	CN¥256.37 Million ≈ $37.51 Million	0.095x	-50.74%
2018-12-31	CN¥1.63 Billion ≈ $238.26 Million	CN¥314.17 Million ≈ $45.97 Million	0.193x	+41.23%
2017-12-31	CN¥1.34 Billion ≈ $196.29 Million	CN¥183.27 Million ≈ $26.82 Million	0.137x	-28.49%
2016-12-31	CN¥1.23 Billion ≈ $179.76 Million	CN¥234.71 Million ≈ $34.34 Million	0.191x	+3.49%
2015-12-31	CN¥797.08 Million ≈ $116.64 Million	CN¥147.16 Million ≈ $21.53 Million	0.185x	-0.44%
2014-12-31	CN¥672.40 Million ≈ $98.39 Million	CN¥124.69 Million ≈ $18.25 Million	0.185x	-33.57%
2013-12-31	CN¥524.30 Million ≈ $76.72 Million	CN¥146.36 Million ≈ $21.42 Million	0.279x	+13.18%
2012-12-31	CN¥455.71 Million ≈ $66.69 Million	CN¥112.40 Million ≈ $16.45 Million	0.247x	+98.67%
2011-12-31	CN¥395.78 Million ≈ $57.92 Million	CN¥49.14 Million ≈ $7.19 Million	0.124x	--

About Shanghai Kindly Entrp Dvlp Grp

SHG:603987 China Medical Instruments & Supplies

Market Cap

$467.87 Million

CN¥3.20 Billion CNY

Market Cap Rank

#12578 Global

#3680 in China

Share Price

CN¥7.32

Change (1 day)

-0.41%

52-Week Range

CN¥6.85 - CN¥9.69

All Time High

CN¥30.06