Zhejiang Zhongcheng Packing Material Co Ltd (002522) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Zhejiang Zhongcheng Packing Material Co Ltd (002522) has a cash flow conversion efficiency ratio of 0.020x 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¥45.95 Million ≈ $6.72 Million USD) by net assets (CN¥2.28 Billion ≈ $334.03 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 002522 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Zhejiang Zhongcheng Packing Material Co Ltd - Cash Flow Conversion Efficiency Trend (2007–2024)
This chart illustrates how Zhejiang Zhongcheng Packing Material Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Zhejiang Zhongcheng Packing Material Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Zhejiang Zhongcheng Packing Material Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Kumho Tire
KO:073240
|
0.088x |
|
Quidel Corporation
NASDAQ:QDEL
|
0.069x |
|
CTT Correios de Portugal SA
LS:CTT
|
0.199x |
|
Chongqing Baiya Sanitary Products Co
SHE:003006
|
0.059x |
|
Shenzhen Coship Electronics Co Ltd
SHE:002052
|
0.306x |
|
Donnelley Financial Solutions Inc
NYSE:DFIN
|
-0.015x |
|
Jiangsu Asia Pacific Light Alloy Technology Co Ltd
SHE:002540
|
-0.018x |
|
Business First Bancshares Inc
NASDAQ:BFST
|
0.027x |
Annual Cash Flow Conversion Efficiency for Zhejiang Zhongcheng Packing Material Co Ltd (2007–2024)
The table below shows the annual cash flow conversion efficiency of Zhejiang Zhongcheng Packing Material Co Ltd from 2007 to 2024. For the full company profile with market capitalisation and key ratios, see 002522 market cap overview.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥2.30 Billion ≈ $336.34 Million |
CN¥258.49 Million ≈ $37.82 Million |
0.112x | +26.81% |
| 2023-12-31 | CN¥2.31 Billion ≈ $337.63 Million |
CN¥204.61 Million ≈ $29.94 Million |
0.089x | -26.83% |
| 2022-12-31 | CN¥2.26 Billion ≈ $331.40 Million |
CN¥274.49 Million ≈ $40.17 Million |
0.121x | +13.11% |
| 2021-12-31 | CN¥2.07 Billion ≈ $303.46 Million |
CN¥222.21 Million ≈ $32.52 Million |
0.107x | -30.46% |
| 2020-12-31 | CN¥2.01 Billion ≈ $293.63 Million |
CN¥309.19 Million ≈ $45.24 Million |
0.154x | +73.58% |
| 2019-12-31 | CN¥1.94 Billion ≈ $283.77 Million |
CN¥172.15 Million ≈ $25.19 Million |
0.089x | +223.29% |
| 2018-12-31 | CN¥1.98 Billion ≈ $289.80 Million |
CN¥54.38 Million ≈ $7.96 Million |
0.027x | +128.63% |
| 2017-12-31 | CN¥2.08 Billion ≈ $305.02 Million |
CN¥-199.91 Million ≈ $-29.25 Million |
-0.096x | -202.43% |
| 2016-12-31 | CN¥1.59 Billion ≈ $232.67 Million |
CN¥148.87 Million ≈ $21.78 Million |
0.094x | +12.94% |
| 2015-12-31 | CN¥1.38 Billion ≈ $202.43 Million |
CN¥114.68 Million ≈ $16.78 Million |
0.083x | +33.15% |
| 2014-12-31 | CN¥1.36 Billion ≈ $199.46 Million |
CN¥84.86 Million ≈ $12.42 Million |
0.062x | -18.03% |
| 2013-12-31 | CN¥1.07 Billion ≈ $156.01 Million |
CN¥80.98 Million ≈ $11.85 Million |
0.076x | -34.85% |
| 2012-12-31 | CN¥1.13 Billion ≈ $165.34 Million |
CN¥131.72 Million ≈ $19.27 Million |
0.117x | -2.23% |
| 2011-12-31 | CN¥1.08 Billion ≈ $157.32 Million |
CN¥128.19 Million ≈ $18.76 Million |
0.119x | +131.81% |
| 2010-12-31 | CN¥993.26 Million ≈ $145.34 Million |
CN¥51.09 Million ≈ $7.48 Million |
0.051x | -91.84% |
| 2009-12-31 | CN¥162.33 Million ≈ $23.75 Million |
CN¥102.26 Million ≈ $14.96 Million |
0.630x | +660.58% |
| 2008-12-31 | CN¥113.33 Million ≈ $16.58 Million |
CN¥-12.74 Million ≈ $-1.86 Million |
-0.112x | -107.46% |
| 2007-12-31 | CN¥84.37 Million ≈ $12.35 Million |
CN¥127.02 Million ≈ $18.59 Million |
1.506x | -- |
About Zhejiang Zhongcheng Packing Material Co Ltd
Zhejiang Zhongcheng Packing Material Co., Ltd. engages in the research, design, production, sale, and after-sales servicing of polyolefin shrink films. It offers normal POF, cross-linked polyolefin, printing film, and lidding barrier shrink films, as well as packaging solutions and other products. The company was founded in 1996 and is headquartered in Jiashan, China.