Lizhan Environmental Corporation
Lizhan Environmental Corporation, through its subsidiaries, engages in the manufacture, distribution, marketing, and export of synthetic leather and other fabrics from leather scrap products and other materials in the People's Republic of China. It offers various synthetic leather fabric products, including ultrasuede products, recycled leather flocked fabrics, microfiber towel fabrics, tufted fa… Read more
Lizhan Environmental Corporation (LZENF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of March 2012: -0.015x
Based on the latest financial reports, Lizhan Environmental Corporation (LZENF) has a cash flow conversion efficiency ratio of -0.015x as of March 2012.
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 ($-389.21K) by net assets ($26.19 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Lizhan Environmental Corporation - Cash Flow Conversion Efficiency Trend (2008–2011)
This chart illustrates how Lizhan Environmental Corporation's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Lizhan Environmental Corporation Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Lizhan Environmental Corporation ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Haber Inc
PINK:ASPT
|
0.278x |
|
Hybrid Energy Holdin
PINK:HYBE
|
0.007x |
|
PSH Group Holding Inc
PINK:GLHD
|
0.000x |
|
Lifeline Biotechnologies Inc
PINK:LLBO
|
N/A |
|
Bassline Productions
PINK:BSSP
|
0.016x |
|
Drone Services USA Inc
PINK:DSUS
|
0.031x |
|
D7 Enterprises Inc
PINK:DGIF
|
-0.018x |
|
Global Vision Holdings Inc
PINK:GVHIB
|
0.056x |
Annual Cash Flow Conversion Efficiency for Lizhan Environmental Corporation (2008–2011)
The table below shows the annual cash flow conversion efficiency of Lizhan Environmental Corporation from 2008 to 2011.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2011-09-30 | $28.51 Million | $-8.64 Million | -0.303x | -173.56% |
| 2010-09-30 | $18.35 Million | $7.56 Million | 0.412x | +606.71% |
| 2009-09-30 | $8.12 Million | $473.58K | 0.058x | -40.85% |
| 2008-09-30 | $4.71 Million | $463.93K | 0.099x | -- |