Zhejiang Renzhi Co Ltd (002629) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Zhejiang Renzhi Co Ltd (002629) has a cash flow conversion efficiency ratio of -0.070x 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¥-3.59 Million ≈ $-525.45K USD) by net assets (CN¥51.36 Million ≈ $7.52 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 002629 net asset quality score to measure how much of total assets are equity-financed.
Zhejiang Renzhi Co Ltd - Cash Flow Conversion Efficiency Trend (2008–2024)
This chart illustrates how Zhejiang Renzhi Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check 002629 cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
Zhejiang Renzhi Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Zhejiang Renzhi Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Ld Intelligent Technology Co Ltd
SHE:300883
|
0.008x |
|
Anaergia Inc
TO:ANRG
|
0.328x |
|
Samyang Cor
KO:145990
|
0.056x |
|
Oak Valley Bancorp
NASDAQ:OVLY
|
0.038x |
|
Arkade Developers Ltd
NSE:ARKADE
|
-0.049x |
|
NEOBO FASTIGHETER
ST:NEOBO
|
0.006x |
|
Prenetics Global Ltd
NASDAQ:PRE
|
0.023x |
|
Jiangshan Oupai Door Industry Co Ltd
SHG:603208
|
0.079x |
Annual Cash Flow Conversion Efficiency for Zhejiang Renzhi Co Ltd (2008–2024)
The table below shows the annual cash flow conversion efficiency of Zhejiang Renzhi Co Ltd from 2008 to 2024. For the full company profile with market capitalisation and key ratios, see how much is Zhejiang Renzhi Co Ltd worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥70.44 Million ≈ $10.31 Million |
CN¥-22.93 Million ≈ $-3.35 Million |
-0.325x | +36.73% |
| 2023-12-31 | CN¥61.40 Million ≈ $8.99 Million |
CN¥-31.58 Million ≈ $-4.62 Million |
-0.514x | +81.10% |
| 2022-12-31 | CN¥36.74 Million ≈ $5.38 Million |
CN¥-100.01 Million ≈ $-14.63 Million |
-2.722x | +55.46% |
| 2021-12-31 | CN¥6.84 Million ≈ $1.00 Million |
CN¥-41.80 Million ≈ $-6.12 Million |
-6.112x | -877.62% |
| 2020-12-31 | CN¥32.77 Million ≈ $4.80 Million |
CN¥-20.49 Million ≈ $-3.00 Million |
-0.625x | -151.45% |
| 2019-12-31 | CN¥51.19 Million ≈ $7.49 Million |
CN¥62.20 Million ≈ $9.10 Million |
1.215x | +2314.04% |
| 2018-12-31 | CN¥25.09 Million ≈ $3.67 Million |
CN¥1.26 Million ≈ $184.81K |
0.050x | +116.69% |
| 2017-12-31 | CN¥655.13 Million ≈ $95.87 Million |
CN¥-197.56 Million ≈ $-28.91 Million |
-0.302x | -321.28% |
| 2016-12-31 | CN¥685.23 Million ≈ $100.27 Million |
CN¥93.38 Million ≈ $13.66 Million |
0.136x | +795.52% |
| 2015-12-31 | CN¥661.55 Million ≈ $96.81 Million |
CN¥-12.96 Million ≈ $-1.90 Million |
-0.020x | -118.37% |
| 2014-12-31 | CN¥754.86 Million ≈ $110.46 Million |
CN¥80.53 Million ≈ $11.78 Million |
0.107x | +256.83% |
| 2013-12-31 | CN¥756.36 Million ≈ $110.68 Million |
CN¥-51.45 Million ≈ $-7.53 Million |
-0.068x | +70.92% |
| 2012-12-31 | CN¥744.50 Million ≈ $108.94 Million |
CN¥-174.14 Million ≈ $-25.48 Million |
-0.234x | -1214.24% |
| 2011-12-31 | CN¥698.41 Million ≈ $102.20 Million |
CN¥14.66 Million ≈ $2.15 Million |
0.021x | -90.82% |
| 2010-12-31 | CN¥237.15 Million ≈ $34.70 Million |
CN¥54.24 Million ≈ $7.94 Million |
0.229x | -48.80% |
| 2009-12-31 | CN¥193.87 Million ≈ $28.37 Million |
CN¥86.60 Million ≈ $12.67 Million |
0.447x | +446.36% |
| 2008-12-31 | CN¥138.80 Million ≈ $20.31 Million |
CN¥-17.90 Million ≈ $-2.62 Million |
-0.129x | -- |
About Zhejiang Renzhi Co Ltd
Zhejiang Renzhi Co., Ltd., together with its subsidiaries, provides professional services in the oil and gas drilling and engineering fields in China. The company engages in oilfield environmental protection business, including oilfield wastewater treatment, sludge pretreatment and pool cleaning, drilling fluid emergency support technical services, mud non-grounding technical services, waste reso… Read more