Wave Cyber Shanghai Co Ltd (688718) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.028x

Based on the latest financial reports, Wave Cyber Shanghai Co Ltd (688718) has a cash flow conversion efficiency ratio of 0.028x 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¥21.99 Million ≈ $3.22 Million USD) by net assets (CN¥778.33 Million ≈ $113.89 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Wave Cyber Shanghai Co Ltd - Cash Flow Conversion Efficiency Trend (2017–2024)

This chart illustrates how Wave Cyber Shanghai Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read Wave Cyber Shanghai Co Ltd (688718) financial obligations for a breakdown of total debt and financial obligations.

Wave Cyber Shanghai Co Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Wave Cyber Shanghai Co Ltd ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Smcp SAS PA:SMCP	0.110x
Youlchon Chem KO:008730	0.029x
Masterwork Machinery SHE:300195	0.014x
Assembly Biosciences Inc NASDAQ:ASMB	-0.083x
Kyverna Therapeutics, Inc. Common Stock NASDAQ:KYTX	-0.285x
Medistim ASA OL:MEDI	0.098x
Laxmi Organic Industries Limited NSE:LXCHEM	0.029x
Vishnu Chemicals Limited NSE:VISHNU	0.091x

Annual Cash Flow Conversion Efficiency for Wave Cyber Shanghai Co Ltd (2017–2024)

The table below shows the annual cash flow conversion efficiency of Wave Cyber Shanghai Co Ltd from 2017 to 2024. For the full company profile with market capitalisation and key ratios, see Wave Cyber Shanghai Co Ltd market cap and net worth.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CN¥772.53 Million ≈ $113.04 Million	CN¥26.66 Million ≈ $3.90 Million	0.035x	+16.66%
2023-12-31	CN¥765.68 Million ≈ $112.04 Million	CN¥22.65 Million ≈ $3.31 Million	0.030x	-42.79%
2022-12-31	CN¥717.20 Million ≈ $104.95 Million	CN¥37.08 Million ≈ $5.43 Million	0.052x	-13.17%
2021-12-31	CN¥684.33 Million ≈ $100.14 Million	CN¥40.75 Million ≈ $5.96 Million	0.060x	-71.80%
2020-12-31	CN¥431.42 Million ≈ $63.13 Million	CN¥91.09 Million ≈ $13.33 Million	0.211x	+38.01%
2019-12-31	CN¥428.67 Million ≈ $62.73 Million	CN¥65.58 Million ≈ $9.60 Million	0.153x	-13.25%
2018-12-31	CN¥362.89 Million ≈ $53.10 Million	CN¥64.00 Million ≈ $9.36 Million	0.176x	-17.18%
2017-12-31	CN¥306.42 Million ≈ $44.84 Million	CN¥65.25 Million ≈ $9.55 Million	0.213x	--

About Wave Cyber Shanghai Co Ltd

SHG:688718 China Waste Management

Market Cap

$432.75 Million

CN¥2.96 Billion CNY

Market Cap Rank

#13306 Global

#4198 in China

Share Price

CN¥17.02

Change (1 day)

+1.19%

52-Week Range

CN¥11.48 - CN¥17.09

All Time High

CN¥45.17