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. Also see Zhuzhou CRRC Times Electric Co. Ltd market cap and net worth for the company's overall valuation and market capitalisation.
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. Explore ZTX operating cash flow to net income to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
CSC Financial Co. Ltd
F:CS0
|
0.121x |
|
Shandong Gettop Acoustic Co Ltd
SHE:002655
|
-0.031x |
|
Arena Star Group Ltd
TA:ARNA
|
-0.016x |
|
BaoJi Titanium Industry Co Ltd
SHG:600456
|
0.022x |
|
Polibeli Group Ltd Class A Ordinary Shares
NASDAQ:PLBL
|
0.000x |
|
Choice International Limited
NSE:CHOICEIN
|
-0.037x |
|
Guangdong Alpha Animation and Culture Co Ltd
SHE:002292
|
-0.014x |
|
Enerpac Tool Group Corp
NYSE:EPAC
|
0.095x |
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. View latest Zhuzhou CRRC Times Electric Co. Ltd stock price today for real-time trading data and today's change.
| 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