Shanghai Taihe Water Environmental Technology Development Co Ltd Cash Flow Conversion Efficiency

Latest as of June 2023: -0.018x

Shanghai Taihe Water Environmental Technology Development Co Ltd cash flow conversion efficiency. Based on the latest financial reports, Shanghai Taihe Water Environmental Technology Development Co Ltd (605081) has a cash flow conversion efficiency ratio of -0.018x as of June 2023. 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¥-28.55 Million ≈ $-4.18 Million USD) by net assets (CN¥1.58 Billion ≈ $231.24 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Cash Flow Conversion Efficiency of Shanghai Taihe Water Environmental Technology Development Co Ltd (2019–2024)

Cash flow conversion efficiency of Shanghai Taihe Water Environmental Technology Development Co Ltd from 2019 to 2024. This chart illustrates how Shanghai Taihe Water Environmental Technology Development Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Shanghai Taihe Water Environmental Techn share price for real-time trading data and today's change.

Shanghai Taihe Water Environmental Technology Development Co Ltd Cash Flow Conversion Ratio Explained

Shanghai Taihe Water Environmental Technology Development Co Ltd cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.

Shanghai Taihe Water Environmental Technology Development Co Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Shanghai Taihe Water Environmental Technology Development Co Ltd ranked by their cash flow conversion efficiency. Also see Shanghai Taihe Water Environmental Techn (605081) total market value for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
ICDS Limited NSE:ICDSLTD	0.021x
Aeris Environmental Ltd AU:AEI	0.354x
Silynxcom Ltd. NYSE MKT:SYNX	-0.329x
Morella Corporation Ltd AU:1MC	-0.082x
Max Resource Corp V:MAX	-0.058x
RED LIGHT HOLLAND CORP. F:4YX	-0.049x
Sakol Energy Public Company Limited BK:SKE	0.013x
Equinox Resources Ltd AU:EQN	-0.055x

Annual Cash Flow Conversion Efficiency for Shanghai Taihe Water Environmental Technology Development Co Ltd (2019–2024)

The table below shows the annual cash flow conversion efficiency of Shanghai Taihe Water Environmental Technology Development Co Ltd from 2019 to 2024. Review 605081 cash flow after capex ratio to assess how much free cash flow the company generates relative to operating cash flow.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CN¥972.44 Million ≈ $142.30 Million	CN¥-127.38 Million ≈ $-18.64 Million	-0.131x	-174.31%
2023-12-31	CN¥1.31 Billion ≈ $191.72 Million	CN¥-62.57 Million ≈ $-9.16 Million	-0.048x	+20.93%
2022-12-31	CN¥1.60 Billion ≈ $233.65 Million	CN¥-96.43 Million ≈ $-14.11 Million	-0.060x	+13.51%
2021-12-31	CN¥1.84 Billion ≈ $269.10 Million	CN¥-128.41 Million ≈ $-18.79 Million	-0.070x	-400.73%
2020-12-31	CN¥968.91 Million ≈ $141.78 Million	CN¥22.50 Million ≈ $3.29 Million	0.023x	-36.43%
2019-12-31	CN¥817.50 Million ≈ $119.63 Million	CN¥29.86 Million ≈ $4.37 Million	0.037x	--

About Shanghai Taihe Water Environmental Technology Development Co Ltd

SHG:605081 China Waste Management

Market Cap

$6.63 Million

CN¥45.30 Million CNY

Market Cap Rank

#27905 Global

#4752 in China

Share Price

CN¥0.40

Change (1 day)

+11.11%

52-Week Range

CN¥0.35 - CN¥11.89

All Time High

CN¥37.90