Shanghai Taihe Water Environmental Technology Development Co Ltd (605081) - Cash Flow Conversion Efficiency

Latest as of June 2023: -0.018x

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. See Shanghai Taihe Water Environmental Techn balance sheet quality to measure how much of total assets are equity-financed.

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

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. Check 605081 cash flow quality index to evaluate the quality of earnings relative to operating cash generation.

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.

Company	Cash Flow Conversion Efficiency
La Savonnerie de Nyons SA PA:MLSDN	N/A
Foresight Group Holdings Limited LSE:FSG	0.305x
Silynxcom Ltd. NYSE MKT:SYNX	-0.329x
Bluefield Solar Income Fund LSE:BSIF	-0.001x
Pure Biologics Spólka Akcyjna WAR:PUR	0.011x
Filtronic LSE:FTC	0.330x
Diamond Estates Wines & Spirits Inc V:DWS	-0.017x
LCK Global Kedaton JK:LCKM	0.002x

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. For the full company profile with market capitalisation and key ratios, see how much is Shanghai Taihe Water Environmental Techn worth.

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

#27997 Global

#4752 in China

Share Price

CN¥0.40

Change (1 day)

+11.11%

52-Week Range

CN¥0.35 - CN¥13.81

All Time High

CN¥37.90