Shanghai Friendess Electronics Tech (688188) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Shanghai Friendess Electronics Tech (688188) has a cash flow conversion efficiency ratio of 0.039x 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¥239.87 Million ≈ $35.10 Million USD) by net assets (CN¥6.09 Billion ≈ $890.80 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Shanghai Friendess Electronics Tech - Cash Flow Conversion Efficiency Trend (2016–2024)
This chart illustrates how Shanghai Friendess Electronics Tech's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read Shanghai Friendess Electronics Tech (688188) total liabilities for a breakdown of total debt and financial obligations.
Shanghai Friendess Electronics Tech Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Shanghai Friendess Electronics Tech ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Nexans S.A.
PA:NEX
|
0.212x |
|
Reece Ltd
AU:REH
|
0.054x |
|
JBTMarel Corp
NYSE:JBTM
|
0.026x |
|
Leader Harmonious Drive Systems Co Ltd
SHG:688017
|
0.022x |
|
Bluestar Adisseo Co
SHG:600299
|
0.048x |
|
Gates Industrial Corporation plc
NYSE:GTES
|
0.073x |
|
Nanya New Material Technology Co Ltd
SHG:688519
|
0.046x |
|
Shandong Xinchao Energy Co Ltd
SHG:600777
|
0.060x |
Annual Cash Flow Conversion Efficiency for Shanghai Friendess Electronics Tech (2016–2024)
The table below shows the annual cash flow conversion efficiency of Shanghai Friendess Electronics Tech from 2016 to 2024. For the full company profile with market capitalisation and key ratios, see 688188 market cap.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥5.52 Billion ≈ $808.36 Million |
CN¥952.44 Million ≈ $139.37 Million |
0.172x | +0.50% |
| 2023-12-31 | CN¥5.02 Billion ≈ $734.39 Million |
CN¥860.94 Million ≈ $125.98 Million |
0.172x | +19.25% |
| 2022-12-31 | CN¥4.30 Billion ≈ $629.92 Million |
CN¥619.28 Million ≈ $90.62 Million |
0.144x | -13.49% |
| 2021-12-31 | CN¥3.00 Billion ≈ $438.87 Million |
CN¥498.73 Million ≈ $72.98 Million |
0.166x | +14.44% |
| 2020-12-31 | CN¥2.49 Billion ≈ $365.03 Million |
CN¥362.47 Million ≈ $53.04 Million |
0.145x | +30.24% |
| 2019-12-31 | CN¥2.15 Billion ≈ $314.65 Million |
CN¥239.90 Million ≈ $35.10 Million |
0.112x | -76.78% |
| 2018-12-31 | CN¥290.14 Million ≈ $42.46 Million |
CN¥139.38 Million ≈ $20.40 Million |
0.480x | -33.10% |
| 2017-12-31 | CN¥179.83 Million ≈ $26.32 Million |
CN¥129.14 Million ≈ $18.90 Million |
0.718x | -4.66% |
| 2016-12-31 | CN¥100.74 Million ≈ $14.74 Million |
CN¥75.88 Million ≈ $11.10 Million |
0.753x | -- |
About Shanghai Friendess Electronics Tech
Shanghai BOCHU Electronic Technology Corporation Limited. engages in research, development, production, and sales of industrial automation systems in China. The company's primary products include high and low power controllers; heavy cutting controllers; structural steel and plane bevel cutting controllers; 2D, tube, plane bevel, and structural steel cutting heads; high-speed servo set laser proc… Read more