Beijing Tieke Shougang Railway Tech Co Ltd (688569) - Cash Flow Conversion Efficiency
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 ≈ $31.72 Million USD) by net assets (CN¥3.32 Billion ≈ $485.28 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 Beijing Tieke Shougang Railway Tech Co L defensive interval ratio to measure how many days the company can operate on defensive assets alone.
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.
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 |
|---|---|
|
Bridgewater Bancshares Inc
NASDAQ:BWB
|
0.030x |
|
Yantai Ishikawa Sealing Technology Co.Ltd.
SHE:301020
|
0.002x |
|
Tekla Life Sciences Investors
NYSE:HQL
|
-0.002x |
|
Henan Huaying Agricultural Development Co Ltd
SHE:002321
|
0.036x |
|
GFT Technologies SE
XETRA:GFT
|
0.016x |
|
Basler Kantonalbank
SW:BSKP
|
0.028x |
|
Zhejiang Narada Power Source
SHE:300068
|
0.321x |
|
Korea District Heating Corp
KO:071320
|
0.039x |
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. For the full company profile with market capitalisation and key ratios, see Beijing Tieke Shougang Railway Tech Co L (688569) market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥3.30 Billion ≈ $482.87 Million |
CN¥299.04 Million ≈ $43.76 Million |
0.091x | -39.25% |
| 2023-12-31 | CN¥3.14 Billion ≈ $460.14 Million |
CN¥469.06 Million ≈ $68.64 Million |
0.149x | +161.34% |
| 2022-12-31 | CN¥2.86 Billion ≈ $417.79 Million |
CN¥162.96 Million ≈ $23.85 Million |
0.057x | -37.26% |
| 2021-12-31 | CN¥2.64 Billion ≈ $385.98 Million |
CN¥239.96 Million ≈ $35.11 Million |
0.091x | -12.03% |
| 2020-12-31 | CN¥2.47 Billion ≈ $360.85 Million |
CN¥255.02 Million ≈ $37.32 Million |
0.103x | +4419.12% |
| 2019-12-31 | CN¥1.17 Billion ≈ $170.92 Million |
CN¥2.67 Million ≈ $391.13K |
0.002x | -97.06% |
| 2018-12-31 | CN¥1.02 Billion ≈ $149.61 Million |
CN¥79.66 Million ≈ $11.66 Million |
0.078x | +35.72% |
| 2017-12-31 | CN¥849.92 Million ≈ $124.37 Million |
CN¥48.79 Million ≈ $7.14 Million |
0.057x | +157.56% |
| 2016-12-31 | CN¥745.88 Million ≈ $109.15 Million |
CN¥-74.39 Million ≈ $-10.89 Million |
-0.100x | -- |
About 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