Zhejiang Wanma Co Ltd (002276) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.009x

Based on the latest financial reports, Zhejiang Wanma Co Ltd (002276) has a cash flow conversion efficiency ratio of 0.009x 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¥56.40 Million ≈ $8.25 Million USD) by net assets (CN¥6.13 Billion ≈ $896.48 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 Zhejiang Wanma Co Ltd liquidity coverage in days to measure how many days the company can operate on defensive assets alone.

Zhejiang Wanma Co Ltd - Cash Flow Conversion Efficiency Trend (2006–2024)

This chart illustrates how Zhejiang Wanma Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data.

Zhejiang Wanma Co Ltd Competitors by Cash Flow Conversion Efficiency

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

Company	Cash Flow Conversion Efficiency
Dianguang Explosion-proof Technology Co Ltd SHE:002730	-0.019x
Sparebank 1 Nord-Norge OL:NONG	0.132x
Enviri Corporation NYSE:NVRI	0.130x
GS Engineering & Construction KO:006360	0.011x
Hoymiles Power Electronics Inc SHG:688032	-0.037x
Hertz Global Holdings Inc NASDAQ:HTZ	-0.025x
Apex Dynamics Inc. TW:4583	0.035x
Golden Ocean Group Ltd NASDAQ:GOGL	-0.002x

Annual Cash Flow Conversion Efficiency for Zhejiang Wanma Co Ltd (2006–2024)

The table below shows the annual cash flow conversion efficiency of Zhejiang Wanma Co Ltd from 2006 to 2024. For the full company profile with market capitalisation and key ratios, see Zhejiang Wanma Co Ltd market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CN¥5.67 Billion ≈ $829.32 Million	CN¥200.60 Million ≈ $29.35 Million	0.035x	-56.84%
2023-12-31	CN¥5.42 Billion ≈ $793.61 Million	CN¥444.82 Million ≈ $65.09 Million	0.082x	-41.94%
2022-12-31	CN¥4.88 Billion ≈ $714.43 Million	CN¥689.72 Million ≈ $100.93 Million	0.141x	-29.21%
2021-12-31	CN¥4.55 Billion ≈ $666.48 Million	CN¥908.99 Million ≈ $133.01 Million	0.200x	+28.36%
2020-12-31	CN¥4.53 Billion ≈ $662.35 Million	CN¥703.75 Million ≈ $102.98 Million	0.155x	-23.72%
2019-12-31	CN¥4.28 Billion ≈ $626.13 Million	CN¥872.17 Million ≈ $127.63 Million	0.204x	+28.75%
2018-12-31	CN¥4.03 Billion ≈ $590.21 Million	CN¥638.57 Million ≈ $93.44 Million	0.158x	+167.12%
2017-12-31	CN¥3.99 Billion ≈ $583.40 Million	CN¥-940.40 Million ≈ $-137.61 Million	-0.236x	-359.62%
2016-12-31	CN¥3.08 Billion ≈ $451.30 Million	CN¥280.21 Million ≈ $41.00 Million	0.091x	+3.80%
2015-12-31	CN¥3.07 Billion ≈ $448.81 Million	CN¥268.46 Million ≈ $39.28 Million	0.088x	-3.68%
2014-12-31	CN¥2.73 Billion ≈ $399.23 Million	CN¥247.94 Million ≈ $36.28 Million	0.091x	+51.40%
2013-12-31	CN¥2.52 Billion ≈ $369.03 Million	CN¥151.38 Million ≈ $22.15 Million	0.060x	+1040.92%
2012-12-31	CN¥2.33 Billion ≈ $340.31 Million	CN¥-14.84 Million ≈ $-2.17 Million	-0.006x	+90.91%
2011-12-31	CN¥1.59 Billion ≈ $232.00 Million	CN¥-111.33 Million ≈ $-16.29 Million	-0.070x	-2529.21%
2010-12-31	CN¥1.08 Billion ≈ $157.36 Million	CN¥3.11 Million ≈ $454.88K	0.003x	+101.90%
2009-12-31	CN¥991.97 Million ≈ $145.16 Million	CN¥-150.62 Million ≈ $-22.04 Million	-0.152x	-361.64%
2008-12-31	CN¥385.83 Million ≈ $56.46 Million	CN¥22.39 Million ≈ $3.28 Million	0.058x	-70.18%
2007-12-31	CN¥311.34 Million ≈ $45.56 Million	CN¥60.58 Million ≈ $8.87 Million	0.195x	+54.44%
2006-12-31	CN¥243.81 Million ≈ $35.68 Million	CN¥30.72 Million ≈ $4.50 Million	0.126x	--

About Zhejiang Wanma Co Ltd

SHE:002276 China Electrical Equipment & Parts

Market Cap

$1.59 Billion

CN¥10.88 Billion CNY

Market Cap Rank

#7140 Global

#1630 in China

Share Price

CN¥10.76

Change (1 day)

-1.47%

52-Week Range

CN¥10.65 - CN¥20.57

All Time High

CN¥33.67