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. See Zhejiang Expressway Co. Ltd (ZHJ) defensive interval to measure how many days the company can operate on defensive assets alone.
Zhejiang Expressway Co. Ltd - Cash Flow Conversion Efficiency Trend (2013–2025)
This chart illustrates how Zhejiang Expressway Co. Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data.
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 |
|---|---|
|
Monarch Casino & Resort Inc
NASDAQ:MCRI
|
0.104x |
|
SEPLAT ENERGY (DI) NA-50
F:134
|
N/A |
|
Prosperity Dielectrics Co Ltd
TWO:6173
|
0.033x |
|
Fuda Alloy Materials Co Ltd
SHG:603045
|
-0.028x |
|
Sonida Senior Living Inc
NYSE:SNDA
|
-0.007x |
|
Shenzhen Agricultural Products Co Ltd
SHE:000061
|
0.001x |
|
Jiangsu Evergreen New Material Technology Inc. Co. A
SHG:603125
|
N/A |
|
Shiny Chemical Industrial Co Ltd
TW:1773
|
0.095x |
Annual Cash Flow Conversion Efficiency for Zhejiang Expressway Co. Ltd (2013–2025)
The table below shows the annual cash flow conversion efficiency of Zhejiang Expressway Co. Ltd from 2013 to 2025. 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 |
|---|---|---|---|---|
| 2025-12-31 | €93.05 Billion ≈ $108.78 Billion |
€4.20 Billion ≈ $4.91 Billion |
0.045x | -63.34% |
| 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