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 Shanghai Friendess Electronics Tech (688188) liquidity interval to measure how many days the company can operate on defensive assets alone.
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.
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 |
|---|---|
|
SARTORIUS AG UNSP.ADR 1/5
F:SRT4
|
0.049x |
|
Telekom Malaysia Bhd
KLSE:4863
|
0.023x |
|
PSP SWISS ADR 1/5/SF1050
F:P7S0
|
0.011x |
|
Ralliant Corporation Common Stock
NYSE:RAL
|
0.012x |
|
Klarna Group plc
NYSE:KLAR
|
0.180x |
|
Tingyi (Cayman Islands) Holding Corp
F:TYG
|
0.077x |
|
Prestige Estates Projects Limited
NSE:PRESTIGE
|
0.113x |
|
VinFast Auto Ltd. Ordinary Shares
NASDAQ:VFS
|
0.134x |
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 688188 market cap.
| 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