Shareate Tools Ltd
Shareate Tools Ltd. manufactures and sells cemented carbide products and drilling tools in China and internationally. The company offers mining tri-cone drill bit and water well bits; DTH hammer and bit; horizontal directional drilling products; core barrel roller bit; raise bore tools; and top hammer drilling tools. It also provides mining tungsten carbide products, including tungsten carbide bu… Read more
Shareate Tools Ltd (688257) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: 0.047x
Based on the latest financial reports, Shareate Tools Ltd (688257) has a cash flow conversion efficiency ratio of 0.047x 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¥119.76 Million) by net assets (CN¥2.57 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Shareate Tools Ltd - Cash Flow Conversion Efficiency Trend (2013–2024)
This chart illustrates how Shareate Tools Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Shareate Tools Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Shareate Tools Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Fortior Technology (Shenzhen) Co. Ltd. A
SHG:688279
|
N/A |
|
Guangdong Dtech Technology Co. Ltd. A
SHE:301377
|
N/A |
|
Hilltop Holdings Inc
NYSE:HTH
|
0.123x |
|
Hubei Xinyangfeng Fertilizer Co Ltd
SHE:000902
|
0.018x |
|
IV62
F:IV62
|
0.000x |
|
TPG Telecom Limited
PINK:TPGTF
|
0.032x |
|
United Internet AG
PINK:UDIRF
|
0.082x |
|
Inter Cars S.A.
WAR:CAR
|
-0.003x |
Annual Cash Flow Conversion Efficiency for Shareate Tools Ltd (2013–2024)
The table below shows the annual cash flow conversion efficiency of Shareate Tools Ltd from 2013 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥2.46 Billion | CN¥201.72 Million | 0.082x | +317.67% |
| 2023-12-31 | CN¥2.30 Billion | CN¥45.13 Million | 0.020x | +830.94% |
| 2022-12-31 | CN¥2.25 Billion | CN¥-6.04 Million | -0.003x | -107.40% |
| 2021-12-31 | CN¥2.03 Billion | CN¥73.61 Million | 0.036x | -78.31% |
| 2020-12-31 | CN¥553.02 Million | CN¥92.40 Million | 0.167x | -8.18% |
| 2019-12-31 | CN¥417.12 Million | CN¥75.90 Million | 0.182x | +159.73% |
| 2018-12-31 | CN¥371.15 Million | CN¥26.00 Million | 0.070x | -43.79% |
| 2017-12-31 | CN¥318.49 Million | CN¥39.70 Million | 0.125x | -59.88% |
| 2016-12-31 | CN¥233.43 Million | CN¥72.52 Million | 0.311x | +88.99% |
| 2015-12-31 | CN¥169.35 Million | CN¥27.84 Million | 0.164x | -23.37% |
| 2014-12-31 | CN¥140.21 Million | CN¥30.08 Million | 0.215x | +470.57% |
| 2013-12-31 | CN¥125.59 Million | CN¥-7.27 Million | -0.058x | -- |