Zhejiang Weixing Industrial Development Co Ltd Cash Flow Conversion Efficiency
Zhejiang Weixing Industrial Development Co Ltd cash flow conversion efficiency. Based on the latest financial reports, Zhejiang Weixing Industrial Development Co Ltd (002003) has a cash flow conversion efficiency ratio of 0.063x as of September 2025. 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 (CN¥294.76 Million ≈ $43.13 Million USD) by net assets (CN¥4.66 Billion ≈ $681.54 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of Zhejiang Weixing Industrial Development Co Ltd (2002–2024)
Cash flow conversion efficiency of Zhejiang Weixing Industrial Development Co Ltd from 2002 to 2024. This chart illustrates how Zhejiang Weixing Industrial Development Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. View current stock price of Zhejiang Weixing Industrial Development for real-time trading data and today's change.
Zhejiang Weixing Industrial Development Co Ltd Cash Flow Conversion Ratio Explained
Zhejiang Weixing Industrial Development Co Ltd cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
Zhejiang Weixing Industrial Development Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Zhejiang Weixing Industrial Development Co Ltd ranked by their cash flow conversion efficiency. Also see 002003 market cap overview for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Medicover AB (publ)
ST:MCOV-B
|
0.170x |
|
AtriCure Inc
NASDAQ:ATRC
|
0.043x |
|
Imerys SA
PA:NK
|
0.054x |
|
Grenergy Renovables S.A
MC:GRE
|
-0.041x |
|
Biohaven Ltd.
NYSE:BHVN
|
-1.158x |
|
Bonesupport Holding AB
ST:BONEX
|
0.085x |
|
Fabege AB
ST:FABG
|
0.023x |
|
Vera Therapeutics Inc
NASDAQ:VERA
|
-0.213x |
Annual Cash Flow Conversion Efficiency for Zhejiang Weixing Industrial Development Co Ltd (2002–2024)
The table below shows the annual cash flow conversion efficiency of Zhejiang Weixing Industrial Development Co Ltd from 2002 to 2024. Review Zhejiang Weixing Industrial Development (002003) free cash flow to assess how much free cash flow the company generates relative to operating cash flow.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥4.40 Billion ≈ $643.81 Million |
CN¥1.09 Billion ≈ $159.49 Million |
0.248x | +57.88% |
| 2023-12-31 | CN¥4.38 Billion ≈ $641.29 Million |
CN¥687.64 Million ≈ $100.62 Million |
0.157x | -42.11% |
| 2022-12-31 | CN¥2.93 Billion ≈ $429.06 Million |
CN¥794.81 Million ≈ $116.31 Million |
0.271x | +16.75% |
| 2021-12-31 | CN¥2.73 Billion ≈ $399.87 Million |
CN¥634.43 Million ≈ $92.84 Million |
0.232x | -1.33% |
| 2020-12-31 | CN¥2.59 Billion ≈ $379.09 Million |
CN¥609.56 Million ≈ $89.20 Million |
0.235x | +13.13% |
| 2019-12-31 | CN¥2.54 Billion ≈ $371.16 Million |
CN¥527.55 Million ≈ $77.20 Million |
0.208x | +18.58% |
| 2018-12-31 | CN¥2.46 Billion ≈ $360.36 Million |
CN¥431.94 Million ≈ $63.21 Million |
0.175x | -15.75% |
| 2017-12-31 | CN¥2.49 Billion ≈ $364.55 Million |
CN¥518.64 Million ≈ $75.89 Million |
0.208x | +40.50% |
| 2016-12-31 | CN¥2.26 Billion ≈ $330.53 Million |
CN¥334.69 Million ≈ $48.98 Million |
0.148x | -18.40% |
| 2015-12-31 | CN¥1.87 Billion ≈ $273.16 Million |
CN¥338.95 Million ≈ $49.60 Million |
0.182x | -1.02% |
| 2014-12-31 | CN¥1.81 Billion ≈ $264.66 Million |
CN¥331.79 Million ≈ $48.55 Million |
0.183x | -8.94% |
| 2013-12-31 | CN¥1.76 Billion ≈ $257.51 Million |
CN¥354.53 Million ≈ $51.88 Million |
0.201x | -15.65% |
| 2012-12-31 | CN¥1.69 Billion ≈ $247.35 Million |
CN¥403.75 Million ≈ $59.08 Million |
0.239x | +81.10% |
| 2011-12-31 | CN¥1.70 Billion ≈ $249.25 Million |
CN¥224.66 Million ≈ $32.87 Million |
0.132x | -43.54% |
| 2010-12-31 | CN¥1.20 Billion ≈ $175.46 Million |
CN¥280.11 Million ≈ $40.99 Million |
0.234x | -29.09% |
| 2009-12-31 | CN¥974.80 Million ≈ $142.64 Million |
CN¥321.12 Million ≈ $46.99 Million |
0.329x | +42.27% |
| 2008-12-31 | CN¥1.00 Billion ≈ $146.54 Million |
CN¥231.88 Million ≈ $33.93 Million |
0.232x | +65.75% |
| 2007-12-31 | CN¥565.21 Million ≈ $82.71 Million |
CN¥78.96 Million ≈ $11.55 Million |
0.140x | -63.57% |
| 2006-12-31 | CN¥452.14 Million ≈ $66.16 Million |
CN¥173.41 Million ≈ $25.38 Million |
0.384x | +46.42% |
| 2005-12-31 | CN¥272.84 Million ≈ $39.93 Million |
CN¥71.47 Million ≈ $10.46 Million |
0.262x | +60.48% |
| 2004-12-31 | CN¥251.13 Million ≈ $36.75 Million |
CN¥40.99 Million ≈ $6.00 Million |
0.163x | -24.76% |
| 2003-12-31 | CN¥102.45 Million ≈ $14.99 Million |
CN¥22.23 Million ≈ $3.25 Million |
0.217x | -14.07% |
| 2002-12-31 | CN¥100.51 Million ≈ $14.71 Million |
CN¥25.37 Million ≈ $3.71 Million |
0.252x | -- |
About Zhejiang Weixing Industrial Development Co Ltd
Zhejiang Weixing Industrial Development Co., Ltd. engages in the production and sale of clothing accessories in China and internationally. Its products include buttons, zippers, metal and plastic, ribbons, ropes, labels, signs, and other clothing and luggage accessories products under SAB brand. The company was founded in 1976 and is based in Linhai, China.