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. See 688718 net asset quality index to measure how much of total assets are equity-financed.

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. Check Wave Cyber Shanghai Co Ltd (688718) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.

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
Tanzanian Royalty Exploration Corp NYSE MKT:TRX	0.039x
Hospital Mater Dei S.A SA:MATD3	0.000x
Wuxi Xinan Technology Co. Ltd. A SHE:301170	N/A
Propel Funeral Partners Ltd AU:PFP	0.059x
Gérard Perrier Industrie S.A. PA:PERR	0.163x
Surya Permata Andalan Tbk PT JK:NATO	0.005x
Deva Holding AS IS:DEVA	0.058x
Zentalis Pharmaceuticals Llc NASDAQ:ZNTL	-0.143x

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 how much is Wave Cyber Shanghai Co Ltd 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

$314.26 Million

CN¥2.15 Billion CNY

Market Cap Rank

#14432 Global

#4260 in China

Share Price

CN¥12.36

Change (1 day)

+6.00%

52-Week Range

CN¥11.31 - CN¥19.68

All Time High

CN¥45.17