Zhejiang Kingland Pipeline and Technologies Co Ltd (002443) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Zhejiang Kingland Pipeline and Technologies Co Ltd (002443) has a cash flow conversion efficiency ratio of 0.039x 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¥141.37 Million ≈ $20.69 Million USD) by net assets (CN¥3.65 Billion ≈ $533.97 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 net asset quality index of Zhejiang Kingland Pipeline and Technolog to measure how much of total assets are equity-financed.
Zhejiang Kingland Pipeline and Technologies Co Ltd - Cash Flow Conversion Efficiency Trend (2007–2024)
This chart illustrates how Zhejiang Kingland Pipeline and Technologies Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Zhejiang Kingland Pipeline and Technolog (002443) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.
Zhejiang Kingland Pipeline and Technologies Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Zhejiang Kingland Pipeline and Technologies Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
BES Engineering Co
TW:2515
|
-0.007x |
|
Verano Holdings Corp Ordinary Shares - Class A (Sub Voting)
NEO:VRNO
|
0.027x |
|
Olvi Oyj A
HE:OLVAS
|
0.099x |
|
Jiangsu Province Commun
SHG:603018
|
0.011x |
|
Forge Global Holdings Inc
NYSE:FRGE
|
-0.055x |
|
Beijing North Star Co Ltd Class A
SHG:601588
|
0.076x |
|
Empresa Distribuidora y Comercializadora Norte S.A.
BA:EDN
|
0.024x |
|
DATAGROUP SE
F:D6H
|
0.163x |
Annual Cash Flow Conversion Efficiency for Zhejiang Kingland Pipeline and Technologies Co Ltd (2007–2024)
The table below shows the annual cash flow conversion efficiency of Zhejiang Kingland Pipeline and Technologies Co Ltd from 2007 to 2024. For the full company profile with market capitalisation and key ratios, see how much is Zhejiang Kingland Pipeline and Technolog worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥3.71 Billion ≈ $542.59 Million |
CN¥583.54 Million ≈ $85.39 Million |
0.157x | -14.73% |
| 2023-12-31 | CN¥3.59 Billion ≈ $524.61 Million |
CN¥661.65 Million ≈ $96.82 Million |
0.185x | +149.40% |
| 2022-12-31 | CN¥3.31 Billion ≈ $483.66 Million |
CN¥244.59 Million ≈ $35.79 Million |
0.074x | +45.36% |
| 2021-12-31 | CN¥3.26 Billion ≈ $477.65 Million |
CN¥166.17 Million ≈ $24.32 Million |
0.051x | -50.52% |
| 2020-12-31 | CN¥3.05 Billion ≈ $446.77 Million |
CN¥314.13 Million ≈ $45.97 Million |
0.103x | +63.37% |
| 2019-12-31 | CN¥2.60 Billion ≈ $380.53 Million |
CN¥163.78 Million ≈ $23.97 Million |
0.063x | +900.68% |
| 2018-12-31 | CN¥2.41 Billion ≈ $352.86 Million |
CN¥15.18 Million ≈ $2.22 Million |
0.006x | +121.93% |
| 2017-12-31 | CN¥2.26 Billion ≈ $330.46 Million |
CN¥-64.80 Million ≈ $-9.48 Million |
-0.029x | -303.11% |
| 2016-12-31 | CN¥2.11 Billion ≈ $309.26 Million |
CN¥29.86 Million ≈ $4.37 Million |
0.014x | -92.44% |
| 2015-12-31 | CN¥2.10 Billion ≈ $307.83 Million |
CN¥393.09 Million ≈ $57.52 Million |
0.187x | +118.50% |
| 2014-12-31 | CN¥2.07 Billion ≈ $302.23 Million |
CN¥176.64 Million ≈ $25.85 Million |
0.086x | +295.06% |
| 2013-12-31 | CN¥2.04 Billion ≈ $298.15 Million |
CN¥-89.34 Million ≈ $-13.07 Million |
-0.044x | -551.61% |
| 2012-12-31 | CN¥1.48 Billion ≈ $216.96 Million |
CN¥-9.98 Million ≈ $-1.46 Million |
-0.007x | +42.16% |
| 2011-12-31 | CN¥1.27 Billion ≈ $185.36 Million |
CN¥-14.74 Million ≈ $-2.16 Million |
-0.012x | +52.17% |
| 2010-12-31 | CN¥1.22 Billion ≈ $178.96 Million |
CN¥-29.75 Million ≈ $-4.35 Million |
-0.024x | -108.45% |
| 2009-12-31 | CN¥437.00 Million ≈ $63.95 Million |
CN¥125.81 Million ≈ $18.41 Million |
0.288x | -44.27% |
| 2008-12-31 | CN¥364.69 Million ≈ $53.37 Million |
CN¥188.39 Million ≈ $27.57 Million |
0.517x | -9.98% |
| 2007-12-31 | CN¥309.14 Million ≈ $45.24 Million |
CN¥177.41 Million ≈ $25.96 Million |
0.574x | -- |
About Zhejiang Kingland Pipeline and Technologies Co Ltd
Zhejiang Kingland Pipeline and Technologies Co.,Ltd., together with its subsidiaries, focuses on the research, development, manufacture, and sale of welded steel pipe products for the petroleum industry in China. The company offers hot dip galvanized steel pipes; feed water coated/lined with plastic composite pipes; coating the pipe; straight seam high frequency resistance welded steel pipes; spi… Read more