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. See 688188 equity to assets ratio to measure how much of total assets are equity-financed.
Shanghai Friendess Electronics Tech - Cash Flow Conversion Efficiency Trend (2016–2025)
This chart illustrates how Shanghai Friendess Electronics Tech's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check cash flow quality index of Shanghai Friendess Electronics Tech to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
Schibsted ASA B
OL:SCHB
|
0.011x |
|
Banco Macro S.A
F:B4W
|
0.108x |
|
3Peak Inc
SHG:688536
|
0.012x |
|
COWAY Co. Ltd
KO:021240
|
0.002x |
|
LG Uplus
KO:032640
|
0.095x |
|
Guangzhou Great Power Energy&Technology Co Ltd
SHE:300438
|
0.024x |
|
Tutor Perini Corporation
NYSE:TPC
|
0.116x |
|
BRITISH LAND ADR/1 LS-25
F:BLDA
|
N/A |
Annual Cash Flow Conversion Efficiency for Shanghai Friendess Electronics Tech (2016–2025)
The table below shows the annual cash flow conversion efficiency of Shanghai Friendess Electronics Tech from 2016 to 2025. For the full company profile with market capitalisation and key ratios, see Shanghai Friendess Electronics Tech market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | CN¥12.69 Billion ≈ $1.86 Billion |
CN¥1.10 Billion ≈ $161.60 Million |
0.087x | -49.53% |
| 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, together with its subsidiaries, engages in the research, development, production, and sale of laser processing automation products in China and internationally. The company operates through four segments: Planar Solutions, Pipe Solutions, 3D Solutions, and others. It offers high and low power cutting controllers; heavy tube cutting control… Read more