Zhejiang Hailiang Co Ltd (002203) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.065x

Based on the latest financial reports, Zhejiang Hailiang Co Ltd (002203) has a cash flow conversion efficiency ratio of 0.065x 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¥1.25 Billion ≈ $183.62 Million USD) by net assets (CN¥19.33 Billion ≈ $2.83 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 Zhejiang Hailiang Co Ltd net asset quality index to measure how much of total assets are equity-financed.

Zhejiang Hailiang Co Ltd - Cash Flow Conversion Efficiency Trend (2004–2025)

This chart illustrates how Zhejiang Hailiang Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check 002203 operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.

Zhejiang Hailiang Co Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Zhejiang Hailiang Co Ltd ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Zhaojin Mining Industry Company Limited F:ZVL	-0.011x
Belite Bio Inc ADR NASDAQ:BLTE	0.000x
Accelleron Industries AG SW:ACLN	0.290x
Mohawk Industries Inc NYSE:MHK	0.013x
MSA Safety NYSE:MSA	0.056x
Eldorado Gold Corp TO:ELD	0.032x
thyssenkrupp AG F:TKA1	-0.120x
Topicus.com Inc V:TOI	-0.018x

Annual Cash Flow Conversion Efficiency for Zhejiang Hailiang Co Ltd (2004–2025)

The table below shows the annual cash flow conversion efficiency of Zhejiang Hailiang Co Ltd from 2004 to 2025. For the full company profile with market capitalisation and key ratios, see 002203 market cap.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	CN¥19.41 Billion ≈ $2.84 Billion	CN¥-1.68 Billion ≈ $-245.69 Million	-0.087x	+36.26%
2024-12-31	CN¥16.95 Billion ≈ $2.48 Billion	CN¥-2.30 Billion ≈ $-336.60 Million	-0.136x	-194.39%
2023-12-31	CN¥16.84 Billion ≈ $2.46 Billion	CN¥-776.34 Million ≈ $-113.60 Million	-0.046x	-170.87%
2022-12-31	CN¥13.38 Billion ≈ $1.96 Billion	CN¥870.25 Million ≈ $127.35 Million	0.065x	+129.54%
2021-12-31	CN¥11.72 Billion ≈ $1.71 Billion	CN¥-2.58 Billion ≈ $-377.58 Million	-0.220x	-419.96%
2020-12-31	CN¥10.21 Billion ≈ $1.49 Billion	CN¥703.06 Million ≈ $102.88 Million	0.069x	-40.55%
2019-12-31	CN¥9.76 Billion ≈ $1.43 Billion	CN¥1.13 Billion ≈ $165.40 Million	0.116x	-62.98%
2018-12-31	CN¥8.33 Billion ≈ $1.22 Billion	CN¥2.61 Billion ≈ $381.42 Million	0.313x	+155.46%
2017-12-31	CN¥5.52 Billion ≈ $807.99 Million	CN¥-3.11 Billion ≈ $-455.61 Million	-0.564x	-395.63%
2016-12-31	CN¥4.65 Billion ≈ $680.27 Million	CN¥886.72 Million ≈ $129.75 Million	0.191x	+129178.63%
2015-12-31	CN¥4.13 Billion ≈ $604.84 Million	CN¥609.84K ≈ $89.24K	0.000x	-99.96%
2014-12-31	CN¥3.47 Billion ≈ $507.83 Million	CN¥1.28 Billion ≈ $187.49 Million	0.369x	+391.00%
2013-12-31	CN¥2.88 Billion ≈ $422.12 Million	CN¥216.91 Million ≈ $31.74 Million	0.075x	-55.61%
2012-12-31	CN¥2.69 Billion ≈ $394.17 Million	CN¥456.24 Million ≈ $66.76 Million	0.169x	+620.36%
2011-12-31	CN¥2.54 Billion ≈ $371.05 Million	CN¥59.62 Million ≈ $8.72 Million	0.024x	+181.77%
2010-12-31	CN¥1.56 Billion ≈ $228.44 Million	CN¥-44.89 Million ≈ $-6.57 Million	-0.029x	+85.55%
2009-12-31	CN¥1.44 Billion ≈ $211.17 Million	CN¥-287.23 Million ≈ $-42.03 Million	-0.199x	-167.97%
2008-12-31	CN¥1.50 Billion ≈ $219.83 Million	CN¥439.91 Million ≈ $64.37 Million	0.293x	+906.87%
2007-12-31	CN¥795.03 Million ≈ $116.34 Million	CN¥23.12 Million ≈ $3.38 Million	0.029x	-93.96%
2006-12-31	CN¥599.10 Million ≈ $87.67 Million	CN¥288.42 Million ≈ $42.20 Million	0.481x	+62.84%
2005-12-31	CN¥419.16 Million ≈ $61.34 Million	CN¥123.92 Million ≈ $18.13 Million	0.296x	+192.40%
2004-12-31	CN¥273.58 Million ≈ $40.03 Million	CN¥-87.54 Million ≈ $-12.81 Million	-0.320x	--

About Zhejiang Hailiang Co Ltd

SHE:002203 China Copper

Market Cap

$6.16 Billion

CN¥42.10 Billion CNY

Market Cap Rank

#3102 Global

#381 in China

Share Price

CN¥18.37

Change (1 day)

+6.49%

52-Week Range

CN¥10.78 - CN¥26.30

All Time High

CN¥26.30