Zhejiang Satellite Petrochemical Co Ltd (002648) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.052x

Based on the latest financial reports, Zhejiang Satellite Petrochemical Co Ltd (002648) has a cash flow conversion efficiency ratio of 0.052x 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¥1.66 Billion ≈ $242.58 Million USD) by net assets (CN¥32.06 Billion ≈ $4.69 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See shareholders equity of Zhejiang Satellite Petrochemical Co Ltd for net asset value and shareholders' equity analysis.

Zhejiang Satellite Petrochemical Co Ltd - Cash Flow Conversion Efficiency Trend (2008–2024)

This chart illustrates how Zhejiang Satellite Petrochemical Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. For the full company profile with market capitalisation and key ratios, see market cap of Zhejiang Satellite Petrochemical Co Ltd.

Zhejiang Satellite Petrochemical Co Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Zhejiang Satellite Petrochemical Co Ltd ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
WUXI BIOLOGICS-00000083 F:1FW2	N/A
CONTINENTAL AG ADR 1/10 F:CONA	N/A
Nidec Corporation F:NIB1	0.025x
WESCO International Inc NYSE:WCC	0.014x
REA Group Limited F:R9C	0.068x
Lincoln Electric Holdings Inc NASDAQ:LECO	0.065x
Vodacom Group Ltd JSE:VOD	0.185x
Deckers Outdoor Corporation NYSE:DECK	0.399x

Annual Cash Flow Conversion Efficiency for Zhejiang Satellite Petrochemical Co Ltd (2008–2024)

The table below shows the annual cash flow conversion efficiency of Zhejiang Satellite Petrochemical Co Ltd from 2008 to 2024. Read 002648 total debt and obligations for a breakdown of total debt and financial obligations.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CN¥30.30 Billion ≈ $4.43 Billion	CN¥10.59 Billion ≈ $1.55 Billion	0.349x	+11.41%
2023-12-31	CN¥25.49 Billion ≈ $3.73 Billion	CN¥8.00 Billion ≈ $1.17 Billion	0.314x	+11.78%
2022-12-31	CN¥21.15 Billion ≈ $3.09 Billion	CN¥5.94 Billion ≈ $868.48 Million	0.281x	+48.26%
2021-12-31	CN¥19.38 Billion ≈ $2.84 Billion	CN¥3.67 Billion ≈ $536.80 Million	0.189x	+596.98%
2020-12-31	CN¥13.64 Billion ≈ $2.00 Billion	CN¥-519.55 Million ≈ $-76.03 Million	-0.038x	-126.07%
2019-12-31	CN¥9.26 Billion ≈ $1.35 Billion	CN¥1.35 Billion ≈ $197.91 Million	0.146x	+56.35%
2018-12-31	CN¥8.05 Billion ≈ $1.18 Billion	CN¥751.97 Million ≈ $110.04 Million	0.093x	+18.99%
2017-12-31	CN¥7.21 Billion ≈ $1.06 Billion	CN¥566.25 Million ≈ $82.86 Million	0.079x	-64.16%
2016-12-31	CN¥3.39 Billion ≈ $495.68 Million	CN¥742.13 Million ≈ $108.60 Million	0.219x	-45.23%
2015-12-31	CN¥3.13 Billion ≈ $458.26 Million	CN¥1.25 Billion ≈ $183.31 Million	0.400x	+249.89%
2014-12-31	CN¥3.55 Billion ≈ $519.33 Million	CN¥-947.15 Million ≈ $-138.60 Million	-0.267x	-888.29%
2013-12-31	CN¥3.65 Billion ≈ $533.87 Million	CN¥123.52 Million ≈ $18.07 Million	0.034x	-84.35%
2012-12-31	CN¥3.26 Billion ≈ $477.04 Million	CN¥705.37 Million ≈ $103.22 Million	0.216x	+813.56%
2011-12-31	CN¥3.03 Billion ≈ $443.55 Million	CN¥-91.91 Million ≈ $-13.45 Million	-0.030x	-111.80%
2010-12-31	CN¥643.60 Million ≈ $94.18 Million	CN¥165.41 Million ≈ $24.21 Million	0.257x	+26.92%
2009-12-31	CN¥278.37 Million ≈ $40.73 Million	CN¥56.37 Million ≈ $8.25 Million	0.203x	-73.86%
2008-12-31	CN¥202.97 Million ≈ $29.70 Million	CN¥157.25 Million ≈ $23.01 Million	0.775x	--

About Zhejiang Satellite Petrochemical Co Ltd

SHE:002648 China Specialty Chemicals

Market Cap

$14.59 Billion

CN¥99.71 Billion CNY

Market Cap Rank

#1651 Global

#176 in China

Share Price

CN¥29.60

Change (1 day)

+1.27%

52-Week Range

CN¥15.98 - CN¥30.29

All Time High

CN¥64.84