Xiamen Solex High-Tech Industries Co Ltd (603992) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Xiamen Solex High-Tech Industries Co Ltd (603992) has a cash flow conversion efficiency ratio of 0.021x 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¥67.24 Million ≈ $9.84 Million USD) by net assets (CN¥3.26 Billion ≈ $476.73 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 Xiamen Solex High-Tech Industries Co Ltd balance sheet independence to measure how much of total assets are equity-financed.
Xiamen Solex High-Tech Industries Co Ltd - Cash Flow Conversion Efficiency Trend (2015–2024)
This chart illustrates how Xiamen Solex High-Tech Industries Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check 603992 cash flow quality score to evaluate the quality of earnings relative to operating cash generation.
Xiamen Solex High-Tech Industries Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Xiamen Solex High-Tech Industries Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Rolls-Royce Holdings PLC
LSE:RR
|
0.829x |
|
Kumho Tire
KO:073240
|
0.088x |
|
Privi Speciality Chemicals Limited
NSE:PRIVISCL
|
0.163x |
|
Sino Horizon Holdings Ltd
TW:2923
|
-0.028x |
|
Vaisala Oyj A
HE:VAIAS
|
0.050x |
|
Changbai Mountain Tourism Co Ltd
SHG:603099
|
-0.028x |
|
Soulbrain Co. Ltd
KQ:357780
|
0.047x |
|
Beijing Capital Development Co Ltd
SHG:600376
|
-0.049x |
Annual Cash Flow Conversion Efficiency for Xiamen Solex High-Tech Industries Co Ltd (2015–2024)
The table below shows the annual cash flow conversion efficiency of Xiamen Solex High-Tech Industries Co Ltd from 2015 to 2024. For the full company profile with market capitalisation and key ratios, see market cap of Xiamen Solex High-Tech Industries Co Ltd.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥3.17 Billion ≈ $464.52 Million |
CN¥603.60 Million ≈ $88.33 Million |
0.190x | +2.56% |
| 2023-12-31 | CN¥2.57 Billion ≈ $376.31 Million |
CN¥476.77 Million ≈ $69.77 Million |
0.185x | -28.36% |
| 2022-12-31 | CN¥2.38 Billion ≈ $348.02 Million |
CN¥615.50 Million ≈ $90.07 Million |
0.259x | +117.51% |
| 2021-12-31 | CN¥2.42 Billion ≈ $354.52 Million |
CN¥288.25 Million ≈ $42.18 Million |
0.119x | -31.94% |
| 2020-12-31 | CN¥2.01 Billion ≈ $293.59 Million |
CN¥350.73 Million ≈ $51.32 Million |
0.175x | +18.12% |
| 2019-12-31 | CN¥1.81 Billion ≈ $264.34 Million |
CN¥267.35 Million ≈ $39.12 Million |
0.148x | -46.10% |
| 2018-12-31 | CN¥1.15 Billion ≈ $167.72 Million |
CN¥314.72 Million ≈ $46.05 Million |
0.275x | +42.10% |
| 2017-12-31 | CN¥942.40 Million ≈ $137.90 Million |
CN¥182.10 Million ≈ $26.65 Million |
0.193x | -21.28% |
| 2016-12-31 | CN¥1.18 Billion ≈ $172.34 Million |
CN¥289.07 Million ≈ $42.30 Million |
0.245x | +20.00% |
| 2015-12-31 | CN¥965.90 Million ≈ $141.34 Million |
CN¥197.56 Million ≈ $28.91 Million |
0.205x | -- |
About Xiamen Solex High-Tech Industries Co Ltd
Xiamen Solex High-tech Industries Co., Ltd. designs, manufactures, and sells kitchen and bathroom, beauty, and health personal care products in China and internationally. It offers showers, faucets, smart toilets; and beauty instruments and smart skin testers. The company was founded in 2004 and is based in Xiamen, China.