Rare Earth Magnesium Technology Group Holdings Limited
Rare Earth Magnesium Technology Group Holdings Limited, an investment holding company, develops, manufactures, sells, and trades magnesium alloy new material products in Mainland China and Hong Kong. It also operates a dolomite mine in Baishan City, Jilin Province. The company was formerly known as Group Sense (International) Limited and changed its name to Rare Earth Magnesium Technology Group H… Read more
Rare Earth Magnesium Technology Group Holdings Limited (GPS) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2023: 0.002x
Based on the latest financial reports, Rare Earth Magnesium Technology Group Holdings Limited (GPS) has a cash flow conversion efficiency ratio of 0.002x 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 (€2.19 Million) by net assets (€909.42 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Rare Earth Magnesium Technology Group Holdings Limited - Cash Flow Conversion Efficiency Trend (2013–2024)
This chart illustrates how Rare Earth Magnesium Technology Group Holdings Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Rare Earth Magnesium Technology Group Holdings Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Rare Earth Magnesium Technology Group Holdings Limited ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
True North Gems Inc
PINK:TNGMF
|
0.000x |
|
Union Pioneer Public Company Limited
BK:UPF
|
-0.058x |
|
Walker Lane Resources Ltd.
V:WLR
|
N/A |
|
St. James Gold Corp
OTCQB:LRDJF
|
0.027x |
|
Encision Inc
PINK:ECIA
|
-0.031x |
|
Northern Lights Resources Corp
PINK:NLRCF
|
0.131x |
|
Shaniv
TA:SHAN
|
0.079x |
|
Electroarges S
RO:ELGS
|
0.068x |
Annual Cash Flow Conversion Efficiency for Rare Earth Magnesium Technology Group Holdings Limited (2013–2024)
The table below shows the annual cash flow conversion efficiency of Rare Earth Magnesium Technology Group Holdings Limited from 2013 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | €155.49 Million | €11.14 Million | 0.072x | +22.70% |
| 2023-12-31 | €612.96 Million | €35.78 Million | 0.058x | +127.83% |
| 2022-12-31 | €1.10 Billion | €28.08 Million | 0.026x | -71.45% |
| 2021-12-31 | €1.19 Billion | €106.70 Million | 0.090x | +337.42% |
| 2020-12-31 | €1.45 Billion | €29.79 Million | 0.021x | -90.19% |
| 2019-12-31 | €1.39 Billion | €290.14 Million | 0.209x | -16.59% |
| 2018-12-31 | €1.27 Billion | €318.61 Million | 0.251x | +44.55% |
| 2017-12-31 | €1.12 Billion | €194.76 Million | 0.173x | +147.38% |
| 2016-12-31 | €428.45 Million | €30.03 Million | 0.070x | +177.18% |
| 2015-12-31 | €486.50 Million | €-44.18 Million | -0.091x | +54.34% |
| 2014-12-31 | €209.74 Million | €-41.71 Million | -0.199x | -56.58% |
| 2013-12-31 | €246.93 Million | €-31.36 Million | -0.127x | -- |