Zhuzhou CRRC Times Electric Co. Ltd (ZTX) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Zhuzhou CRRC Times Electric Co. Ltd (ZTX) has a cash flow conversion efficiency ratio of 0.080x 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 (€3.02 Billion ≈ $3.53 Billion USD) by net assets (€37.85 Billion ≈ $44.25 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 Zhuzhou CRRC Times Electric Co. Ltd liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Zhuzhou CRRC Times Electric Co. Ltd - Cash Flow Conversion Efficiency Trend (2013–2024)
This chart illustrates how Zhuzhou CRRC Times Electric Co. Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Zhuzhou CRRC Times Electric Co. Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Zhuzhou CRRC Times Electric Co. Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Azelis Group NV
BR:AZE
|
0.083x |
|
Hebei Huatong Wires and Cables Group Co. Ltd.
SHG:605196
|
-0.001x |
|
AstraZeneca PLC
LSE:AZN
|
0.071x |
|
Liberty Live Holdings, Inc. Series A Liberty Live Group Common Stock
NASDAQ:LLYVA
|
0.042x |
|
Hefei Metalforming Mach Tool
SHG:603011
|
-0.003x |
|
IGB Real Estate Investment Trust
KLSE:5227
|
0.016x |
|
Orion Oyj A
HE:ORNAV
|
0.086x |
|
GRAIL, LLC
NASDAQ:GRAL
|
-0.035x |
Annual Cash Flow Conversion Efficiency for Zhuzhou CRRC Times Electric Co. Ltd (2013–2024)
The table below shows the annual cash flow conversion efficiency of Zhuzhou CRRC Times Electric Co. Ltd from 2013 to 2024. For the full company profile with market capitalisation and key ratios, see market value of Zhuzhou CRRC Times Electric Co. Ltd.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | €44.76 Billion ≈ $52.33 Billion |
€3.36 Billion ≈ $3.93 Billion |
0.075x | +97.11% |
| 2023-12-31 | €37.72 Billion ≈ $44.09 Billion |
€1.44 Billion ≈ $1.68 Billion |
0.038x | -34.13% |
| 2022-12-31 | €35.30 Billion ≈ $41.26 Billion |
€2.04 Billion ≈ $2.39 Billion |
0.058x | -10.46% |
| 2021-12-31 | €33.29 Billion ≈ $38.92 Billion |
€2.15 Billion ≈ $2.51 Billion |
0.065x | -10.33% |
| 2020-12-31 | €24.26 Billion ≈ $28.36 Billion |
€1.75 Billion ≈ $2.04 Billion |
0.072x | -20.67% |
| 2019-12-31 | €22.20 Billion ≈ $25.95 Billion |
€2.02 Billion ≈ $2.36 Billion |
0.091x | -51.39% |
| 2018-12-31 | €20.12 Billion ≈ $23.53 Billion |
€3.76 Billion ≈ $4.39 Billion |
0.187x | +129.55% |
| 2017-12-31 | €18.06 Billion ≈ $21.11 Billion |
€1.47 Billion ≈ $1.72 Billion |
0.081x | -9.76% |
| 2016-12-31 | €16.06 Billion ≈ $18.78 Billion |
€1.45 Billion ≈ $1.69 Billion |
0.090x | -11.79% |
| 2015-12-31 | €14.02 Billion ≈ $16.39 Billion |
€1.43 Billion ≈ $1.68 Billion |
0.102x | -44.48% |
| 2014-12-31 | €11.17 Billion ≈ $13.06 Billion |
€2.06 Billion ≈ $2.40 Billion |
0.184x | +132.05% |
| 2013-12-31 | €9.15 Billion ≈ $10.70 Billion |
€725.99 Million ≈ $848.75 Million |
0.079x | -- |
About Zhuzhou CRRC Times Electric Co. Ltd
Zhuzhou CRRC Times Electric Co., Ltd., together with its subsidiaries, engages in the research and development, design, manufacture and sale of propulsion and control systems to rolling stock industry in Mainland China and internationally. The company offers traction converter system, power supply system, informationization and intelligent system product, test equipment, urban rail vehicle door s… Read more