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.
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. Read Xiamen Solex High-Tech Industries Co Ltd (603992) total liabilities for a breakdown of total debt and financial obligations.
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 |
|---|---|
|
Mesoblast Ltd
AU:MSB
|
-0.084x |
|
Partner
TA:PTNR
|
0.068x |
|
Shanghai Bright Power Semiconductor
SHG:688368
|
0.045x |
|
Zhejiang Expressway Co. Ltd
F:ZHJ
|
0.013x |
|
Dongfang Electric Corporation Limited
F:DEU
|
0.007x |
|
Hangzhou Steam Turbine
SHE:200771
|
0.014x |
|
BRP Inc
TO:DOO
|
0.627x |
|
Select Medical Holdings
NYSE:SEM
|
0.086x |
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 603992 market cap.
| 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.