Zhejiang Weixing Industrial Development Co Ltd (002003) - 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. See how leveraged is Zhejiang Weixing Industrial Development 's balance sheet to measure how much of total assets are equity-financed.
Zhejiang Weixing Industrial Development Co Ltd - Cash Flow Conversion Efficiency Trend (2002–2024)
This chart illustrates how Zhejiang Weixing Industrial Development Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check how high is Zhejiang Weixing Industrial Development 's earnings quality to evaluate the quality of earnings relative to operating cash generation.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
CSC Financial Co. Ltd
F:CS0
|
0.121x |
|
Toyou Feiji Electronics Co Ltd
SHE:300302
|
-0.007x |
|
Mitra Adiperkasa Tbk
JK:MAPI
|
0.124x |
|
Yifan Xinfu Pharmaceutical Co Ltd
SHE:002019
|
0.005x |
|
Fleury S.A.
SA:FLRY3
|
0.050x |
|
OFG Bancorp
NYSE:OFG
|
0.028x |
|
Tibet Rhodiola Pharmaceutical Holding Co
SHG:600211
|
0.070x |
|
Stoke Therapeutics Inc
NASDAQ:STOK
|
-0.153x |
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. For the full company profile with market capitalisation and key ratios, see 002003 market cap.
| 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.