ZTE Corporation (FZM) - Cash Flow Conversion Efficiency
Based on the latest financial reports, ZTE Corporation (FZM) has a cash flow conversion efficiency ratio of 0.042x as of September 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 (€2.84 Billion ≈ $3.32 Billion USD) by net assets (€66.80 Billion ≈ $78.09 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
ZTE Corporation - Cash Flow Conversion Efficiency Trend (2013–2024)
This chart illustrates how ZTE Corporation's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read ZTE Corporation total liabilities for a breakdown of total debt and financial obligations.
ZTE Corporation Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of ZTE Corporation ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Kayne Anderson MLP Investment Closed Fund
NYSE:KYN
|
0.012x |
|
Ziraat Gayrimenkul Yatirim Ortakligi AS
IS:ZRGYO
|
0.001x |
|
Yunnan Shennong Agricultural Industry Group Co Ltd
SHG:605296
|
-0.018x |
|
SOC.BIC UNS.ADR1/2/EO382
F:BIF0
|
N/A |
|
Jiangsu Cnano Technology Co Ltd
SHG:688116
|
0.025x |
|
Slide Insurance Holdings, Inc. Common Stock
NASDAQ:SLDE
|
0.026x |
|
Kalbe Farma Tbk PT
JK:KLBF
|
0.040x |
|
The Andersons Inc
NASDAQ:ANDE
|
-0.005x |
Annual Cash Flow Conversion Efficiency for ZTE Corporation (2013–2024)
The table below shows the annual cash flow conversion efficiency of ZTE Corporation from 2013 to 2024. For the full company profile with market capitalisation and key ratios, see ZTE Corporation market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | €73.11 Billion ≈ $85.47 Billion |
€11.48 Billion ≈ $13.42 Billion |
0.157x | -38.36% |
| 2023-12-31 | €68.33 Billion ≈ $79.89 Billion |
€17.41 Billion ≈ $20.35 Billion |
0.255x | +100.15% |
| 2022-12-31 | €59.54 Billion ≈ $69.61 Billion |
€7.58 Billion ≈ $8.86 Billion |
0.127x | -56.87% |
| 2021-12-31 | €53.29 Billion ≈ $62.30 Billion |
€15.72 Billion ≈ $18.38 Billion |
0.295x | +33.00% |
| 2020-12-31 | €46.12 Billion ≈ $53.92 Billion |
€10.23 Billion ≈ $11.96 Billion |
0.222x | +13.08% |
| 2019-12-31 | €37.95 Billion ≈ $44.37 Billion |
€7.45 Billion ≈ $8.71 Billion |
0.196x | +170.17% |
| 2018-12-31 | €32.96 Billion ≈ $38.53 Billion |
€-9.22 Billion ≈ $-10.77 Billion |
-0.280x | -275.73% |
| 2017-12-31 | €45.38 Billion ≈ $53.05 Billion |
€7.22 Billion ≈ $8.44 Billion |
0.159x | +23.66% |
| 2016-12-31 | €40.89 Billion ≈ $47.80 Billion |
€5.26 Billion ≈ $6.15 Billion |
0.129x | -24.68% |
| 2015-12-31 | €43.35 Billion ≈ $50.68 Billion |
€7.40 Billion ≈ $8.66 Billion |
0.171x | +78.74% |
| 2014-12-31 | €26.29 Billion ≈ $30.74 Billion |
€2.51 Billion ≈ $2.94 Billion |
0.096x | -12.30% |
| 2013-12-31 | €23.63 Billion ≈ $27.62 Billion |
€2.57 Billion ≈ $3.01 Billion |
0.109x | -- |
About ZTE Corporation
ZTE Corporation provides integrated information and communication technology solutions in the People's Republic of China, rest of Asia, Africa, Europe, the United States, and Oceania. The company operates through three segments: Carriers' Networks, Consumer Business, and Government and Corporate Business. The Carriers' Networks segment provides wireless and wireline access, bearer systems, core n… Read more