Zhejiang Kingland Pipeline and Technologies Co Ltd (002443) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.039x

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

SHE:002443 China Steel
Market Cap
$623.08 Million
CN¥4.26 Billion CNY
Market Cap Rank
#10931 Global
#2896 in China
Share Price
CN¥8.18
Change (1 day)
+4.07%
52-Week Range
CN¥6.72 - CN¥13.38
All Time High
CN¥16.01
About

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