Rongsheng Petrochemical Co Ltd (002493) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Rongsheng Petrochemical Co Ltd (002493) has a cash flow conversion efficiency ratio of 0.167x 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¥16.07 Billion ≈ $2.35 Billion USD) by net assets (CN¥96.44 Billion ≈ $14.11 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see market value of Rongsheng Petrochemical Co Ltd for the company's overall valuation and market capitalisation.
Rongsheng Petrochemical Co Ltd - Cash Flow Conversion Efficiency Trend (2007–2024)
This chart illustrates how Rongsheng Petrochemical Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Rongsheng Petrochemical Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Rongsheng Petrochemical Co Ltd ranked by their cash flow conversion efficiency. Explore Rongsheng Petrochemical Co Ltd earnings quality ratio to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Charter Communications Inc
NASDAQ:CHTR
|
0.204x |
|
Evolution Mining Ltd
AU:EVN
|
0.222x |
|
China United Network Communications Ltd
SHG:600050
|
0.087x |
|
ZTE Corp
SHE:000063
|
0.036x |
|
Volkswagen AG VZO O.N.
XETRA:VOW3
|
0.037x |
|
SAIC Motor Corp Ltd
SHG:600104
|
0.041x |
|
Qingdao Haier Co Ltd
SHG:600690
|
0.064x |
|
PTT Exploration and Production Public Company Limited
BK:PTTEP
|
0.085x |
Annual Cash Flow Conversion Efficiency for Rongsheng Petrochemical Co Ltd (2007–2024)
The table below shows the annual cash flow conversion efficiency of Rongsheng Petrochemical Co Ltd from 2007 to 2024. View Rongsheng Petrochemical Co Ltd (002493) share price today for real-time trading data and today's change.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥94.82 Billion ≈ $13.88 Billion |
CN¥34.61 Billion ≈ $5.06 Billion |
0.365x | +23.05% |
| 2023-12-31 | CN¥94.67 Billion ≈ $13.85 Billion |
CN¥28.08 Billion ≈ $4.11 Billion |
0.297x | +51.22% |
| 2022-12-31 | CN¥97.17 Billion ≈ $14.22 Billion |
CN¥19.06 Billion ≈ $2.79 Billion |
0.196x | -44.34% |
| 2021-12-31 | CN¥95.24 Billion ≈ $13.94 Billion |
CN¥33.56 Billion ≈ $4.91 Billion |
0.352x | +40.63% |
| 2020-12-31 | CN¥69.86 Billion ≈ $10.22 Billion |
CN¥17.51 Billion ≈ $2.56 Billion |
0.251x | +607.67% |
| 2019-12-31 | CN¥41.57 Billion ≈ $6.08 Billion |
CN¥-2.05 Billion ≈ $-300.25 Million |
-0.049x | -136.53% |
| 2018-12-31 | CN¥35.78 Billion ≈ $5.24 Billion |
CN¥4.83 Billion ≈ $707.47 Million |
0.135x | -13.73% |
| 2017-12-31 | CN¥25.75 Billion ≈ $3.77 Billion |
CN¥4.03 Billion ≈ $590.12 Million |
0.157x | -17.92% |
| 2016-12-31 | CN¥14.78 Billion ≈ $2.16 Billion |
CN¥2.82 Billion ≈ $412.73 Million |
0.191x | +329.66% |
| 2015-12-31 | CN¥12.88 Billion ≈ $1.89 Billion |
CN¥-1.07 Billion ≈ $-156.64 Million |
-0.083x | -119.48% |
| 2014-12-31 | CN¥8.70 Billion ≈ $1.27 Billion |
CN¥3.71 Billion ≈ $543.19 Million |
0.427x | +286.10% |
| 2013-12-31 | CN¥9.42 Billion ≈ $1.38 Billion |
CN¥-2.16 Billion ≈ $-316.08 Million |
-0.229x | -314.36% |
| 2012-12-31 | CN¥8.96 Billion ≈ $1.31 Billion |
CN¥957.90 Million ≈ $140.17 Million |
0.107x | +452.13% |
| 2011-12-31 | CN¥8.82 Billion ≈ $1.29 Billion |
CN¥170.91 Million ≈ $25.01 Million |
0.019x | -93.58% |
| 2010-12-31 | CN¥7.24 Billion ≈ $1.06 Billion |
CN¥2.18 Billion ≈ $319.73 Million |
0.302x | -11.39% |
| 2009-12-31 | CN¥2.76 Billion ≈ $403.55 Million |
CN¥939.52 Million ≈ $137.48 Million |
0.341x | +108.44% |
| 2008-12-31 | CN¥1.75 Billion ≈ $256.04 Million |
CN¥285.98 Million ≈ $41.85 Million |
0.163x | +246.43% |
| 2007-12-31 | CN¥1.31 Billion ≈ $191.17 Million |
CN¥-145.82 Million ≈ $-21.34 Million |
-0.112x | -- |
About Rongsheng Petrochemical Co Ltd
Rongsheng Petrochemical Co., Ltd. engages in the research, development, production, and sale of chemical, oil, and polyester products in China. It also provides polyolefins, aromatics, chemical and oil products, etc., which are widely used in covering new energy, new materials, organic chemicals, synthetic fibers, synthetic resins, Synthetic rubber, oil products, and other fields. Rongsheng Petro… Read more