Shanghai Shibei Hi-Tech Co Ltd B (900902) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Shanghai Shibei Hi-Tech Co Ltd B (900902) has a cash flow conversion efficiency ratio of -0.010x as of June 2023. 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 ($-83.49 Million) by net assets ($8.48 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Shanghai Shibei Hi-Tech Co Ltd B - Cash Flow Conversion Efficiency Trend (2015–2024)
This chart illustrates how Shanghai Shibei Hi-Tech Co Ltd B's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read 900902 total liabilities for a breakdown of total debt and financial obligations.
Shanghai Shibei Hi-Tech Co Ltd B Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Shanghai Shibei Hi-Tech Co Ltd B ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
District Metals Corp
V:DMX
|
-0.032x |
|
Hotel Holiday Garden
TW:2702
|
0.034x |
|
Yusin Holding Corp
TW:4557
|
0.042x |
|
Infant Bacterial Therapeutics AB (publ)
ST:IBT-B
|
-0.420x |
|
Northern Technologies
NASDAQ:NTIC
|
0.004x |
|
Team Precision Public Company Limited
BK:TEAM
|
-0.034x |
|
Solitario Exploration & Royalty Corp
NYSE MKT:XPL
|
-0.021x |
|
CX Technology Corp
TW:2415
|
-0.197x |
Annual Cash Flow Conversion Efficiency for Shanghai Shibei Hi-Tech Co Ltd B (2015–2024)
The table below shows the annual cash flow conversion efficiency of Shanghai Shibei Hi-Tech Co Ltd B from 2015 to 2024. For the full company profile with market capitalisation and key ratios, see 900902 market cap overview.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $8.39 Billion | $-309.06 Million | -0.037x | +16.11% |
| 2023-12-31 | $8.30 Billion | $-364.67 Million | -0.044x | -120.90% |
| 2022-12-31 | $8.51 Billion | $1.79 Billion | 0.210x | +493.86% |
| 2021-12-31 | $8.45 Billion | $-450.99 Million | -0.053x | +71.05% |
| 2020-12-31 | $8.38 Billion | $-1.54 Billion | -0.184x | -376.46% |
| 2019-12-31 | $7.55 Billion | $-292.15 Million | -0.039x | +92.89% |
| 2018-12-31 | $7.33 Billion | $-3.99 Billion | -0.544x | -356.39% |
| 2017-12-31 | $6.13 Billion | $-730.70 Million | -0.119x | -3133.29% |
| 2016-12-31 | $5.84 Billion | $22.97 Million | 0.004x | +101.11% |
| 2015-12-31 | $3.58 Billion | $-1.27 Billion | -0.354x | -- |
About Shanghai Shibei Hi-Tech Co Ltd B
Shanghai Shibei Hi-Tech Co.,Ltd. engages in the development and operation of real estate properties in China. The company develops, constructs, operates, and manages industrial carriers in Shibei High-tech Park. It also engages in the industrial investment incubation and industrial service integration businesses. Shanghai Shibei Hi-Tech Co.,Ltd. was formerly known as Shanghai Erfang Machinery Co.… Read more