Beijing Tieke Shougang Railway Tech Co Ltd
Beijing Tieke Shougang Rail Way-Tech Co., Ltd. engages in the research, development, and production of core accessories for railway construction in China. It provides rail buckle accessories; polymer materials, such as nylon and rubber products; technology promotion; sells building materials; imports and exports goods, technology, and agent; produces railways fastener systems, low relaxation pres… Read more
Beijing Tieke Shougang Railway Tech Co Ltd (688569) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2025: 0.065x
Based on the latest financial reports, Beijing Tieke Shougang Railway Tech Co Ltd (688569) has a cash flow conversion efficiency ratio of 0.065x as of June 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¥216.75 Million) by net assets (CN¥3.32 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Beijing Tieke Shougang Railway Tech Co Ltd - Cash Flow Conversion Efficiency Trend (2016–2024)
This chart illustrates how Beijing Tieke Shougang Railway Tech Co 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.
Beijing Tieke Shougang Railway Tech Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Beijing Tieke Shougang Railway Tech Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Formosan Union Chemical Corp
TW:1709
|
0.002x |
|
Trivago NV
NASDAQ:TRVG
|
0.091x |
|
Fujian South Highway Machinery Co. Ltd. A
SHG:603280
|
N/A |
|
Beijing Jiaman Dress Co. Ltd. A
SHE:301276
|
N/A |
|
Strike Energy Ltd
AU:STX
|
0.079x |
|
Ligitek Electronics Co Ltd
TWO:8111
|
0.016x |
|
Norion Bank
ST:NORION
|
0.076x |
|
Lem Holding SA
SW:LEHN
|
0.074x |
Annual Cash Flow Conversion Efficiency for Beijing Tieke Shougang Railway Tech Co Ltd (2016–2024)
The table below shows the annual cash flow conversion efficiency of Beijing Tieke Shougang Railway Tech Co Ltd from 2016 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥3.30 Billion | CN¥299.04 Million | 0.091x | -39.25% |
| 2023-12-31 | CN¥3.14 Billion | CN¥469.06 Million | 0.149x | +161.34% |
| 2022-12-31 | CN¥2.86 Billion | CN¥162.96 Million | 0.057x | -37.26% |
| 2021-12-31 | CN¥2.64 Billion | CN¥239.96 Million | 0.091x | -12.03% |
| 2020-12-31 | CN¥2.47 Billion | CN¥255.02 Million | 0.103x | +4419.12% |
| 2019-12-31 | CN¥1.17 Billion | CN¥2.67 Million | 0.002x | -97.06% |
| 2018-12-31 | CN¥1.02 Billion | CN¥79.66 Million | 0.078x | +35.72% |
| 2017-12-31 | CN¥849.92 Million | CN¥48.79 Million | 0.057x | +157.56% |
| 2016-12-31 | CN¥745.88 Million | CN¥-74.39 Million | -0.100x | -- |