Zhejiang Expressway Co. Ltd (ZHJ) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Zhejiang Expressway Co. Ltd (ZHJ) has a cash flow conversion efficiency ratio of 0.018x as of December 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 (€1.10 Billion ≈ $1.28 Billion USD) by net assets (€60.41 Billion ≈ $70.62 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Zhejiang Expressway Co. Ltd - Cash Flow Conversion Efficiency Trend (2013–2024)
This chart illustrates how Zhejiang Expressway Co. Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read ZHJ total liabilities for a breakdown of total debt and financial obligations.
Zhejiang Expressway Co. Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Zhejiang Expressway Co. Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Establishment Labs Holdings Inc
NASDAQ:ESTA
|
-0.688x |
|
Sinosoft Co Ltd
SHG:603927
|
-0.043x |
|
Ningbo Tip Rubber Technology Co Ltd
SHG:605255
|
0.041x |
|
Dunelm Group plc
F:DFQ
|
0.411x |
|
Shanghai Bright Power Semiconductor
SHG:688368
|
0.045x |
|
Mesoblast Ltd
AU:MSB
|
-0.084x |
|
Xiamen Solex High-Tech Industries Co Ltd
SHG:603992
|
0.021x |
|
Electra Ltd
TA:ELTR
|
0.046x |
Annual Cash Flow Conversion Efficiency for Zhejiang Expressway Co. Ltd (2013–2024)
The table below shows the annual cash flow conversion efficiency of Zhejiang Expressway Co. Ltd from 2013 to 2024. For the full company profile with market capitalisation and key ratios, see Zhejiang Expressway Co. Ltd market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | €73.70 Billion ≈ $86.16 Billion |
€9.08 Billion ≈ $10.62 Billion |
0.123x | -24.15% |
| 2023-12-31 | €60.41 Billion ≈ $70.62 Billion |
€9.81 Billion ≈ $11.47 Billion |
0.162x | +6.76% |
| 2022-12-31 | €50.21 Billion ≈ $58.70 Billion |
€7.64 Billion ≈ $8.93 Billion |
0.152x | +139.49% |
| 2021-12-31 | €44.42 Billion ≈ $51.94 Billion |
€2.82 Billion ≈ $3.30 Billion |
0.064x | +1799.59% |
| 2020-12-31 | €37.45 Billion ≈ $43.79 Billion |
€125.29 Million ≈ $146.48 Million |
0.003x | -72.05% |
| 2019-12-31 | €31.98 Billion ≈ $37.39 Billion |
€382.75 Million ≈ $447.48 Million |
0.012x | -88.20% |
| 2018-12-31 | €31.70 Billion ≈ $37.07 Billion |
€3.22 Billion ≈ $3.76 Billion |
0.101x | +457.09% |
| 2017-12-31 | €29.20 Billion ≈ $34.14 Billion |
€-829.67 Million ≈ $-969.97 Million |
-0.028x | -114.55% |
| 2016-12-31 | €24.18 Billion ≈ $28.26 Billion |
€4.72 Billion ≈ $5.52 Billion |
0.195x | +260.45% |
| 2015-12-31 | €22.00 Billion ≈ $25.72 Billion |
€-2.68 Billion ≈ $-3.13 Billion |
-0.122x | -168.41% |
| 2014-12-31 | €21.13 Billion ≈ $24.70 Billion |
€3.76 Billion ≈ $4.39 Billion |
0.178x | +256.93% |
| 2013-12-31 | €19.67 Billion ≈ $23.00 Billion |
€979.98 Million ≈ $1.15 Billion |
0.050x | -- |
About Zhejiang Expressway Co. Ltd
Zhejiang Expressway Co., Ltd., an investment holding company, invests, develops, maintains, and operates roads in the People's Republic of China. It operates through Toll Operation, Securities Operation, and Others segments. The Toll Operation segment operates and manages high grade roads; and collects expressway tolls. The Securities Operation segment offers securities and future broking, margin… Read more