Shaanxi Zhongtian Rocket Technology (003009) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Shaanxi Zhongtian Rocket Technology (003009) has a cash flow conversion efficiency ratio of -0.001x 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¥-890.76K ≈ $-130.35K USD) by net assets (CN¥1.54 Billion ≈ $225.45 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 how leveraged is Shaanxi Zhongtian Rocket Technology 's balance sheet to measure how much of total assets are equity-financed.
Shaanxi Zhongtian Rocket Technology - Cash Flow Conversion Efficiency Trend (2016–2024)
This chart illustrates how Shaanxi Zhongtian Rocket Technology 's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Shaanxi Zhongtian Rocket Technology cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
Shaanxi Zhongtian Rocket Technology Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Shaanxi Zhongtian Rocket Technology ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
TF Bank AB
ST:TFBANK
|
-0.024x |
|
Azenta Inc
NASDAQ:AZTA
|
0.008x |
|
Compass Minerals International Inc
NYSE:CMP
|
0.720x |
|
Ascletis Pharma Inc
F:2VJ
|
-0.018x |
|
Dongfang Electric Corporation Limited
F:DEU
|
0.007x |
|
Genusplus Group Ltd
AU:GNP
|
0.609x |
|
Gielda Papierow Wartosciowych w Warszawie SA
WAR:GPW
|
0.020x |
|
MRC Global Inc
NYSE:MRC
|
-0.070x |
Annual Cash Flow Conversion Efficiency for Shaanxi Zhongtian Rocket Technology (2016–2024)
The table below shows the annual cash flow conversion efficiency of Shaanxi Zhongtian Rocket Technology from 2016 to 2024. For the full company profile with market capitalisation and key ratios, see market value of Shaanxi Zhongtian Rocket Technology .
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥1.63 Billion ≈ $237.84 Million |
CN¥60.63 Million ≈ $8.87 Million |
0.037x | +7.12% |
| 2023-12-31 | CN¥1.62 Billion ≈ $236.41 Million |
CN¥56.26 Million ≈ $8.23 Million |
0.035x | -50.22% |
| 2022-12-31 | CN¥1.53 Billion ≈ $224.37 Million |
CN¥107.26 Million ≈ $15.70 Million |
0.070x | -20.52% |
| 2021-12-31 | CN¥1.35 Billion ≈ $197.24 Million |
CN¥118.63 Million ≈ $17.36 Million |
0.088x | +67.45% |
| 2020-12-31 | CN¥1.23 Billion ≈ $180.53 Million |
CN¥64.85 Million ≈ $9.49 Million |
0.053x | -68.15% |
| 2019-12-31 | CN¥698.57 Million ≈ $102.22 Million |
CN¥115.28 Million ≈ $16.87 Million |
0.165x | +33.71% |
| 2018-12-31 | CN¥604.49 Million ≈ $88.46 Million |
CN¥74.60 Million ≈ $10.92 Million |
0.123x | +27.41% |
| 2017-12-31 | CN¥530.83 Million ≈ $77.68 Million |
CN¥51.42 Million ≈ $7.52 Million |
0.097x | -26.88% |
| 2016-12-31 | CN¥421.86 Million ≈ $61.73 Million |
CN¥55.88 Million ≈ $8.18 Million |
0.132x | -- |
About Shaanxi Zhongtian Rocket Technology
Shaanxi Zhongtian Rocket Technology Co., Ltd engages in the research, development, production, and sale of solid rockets and related products in China. It operates through the Solid Rocket Business, Core Materials and Extended Business, and Measurement and Control Extended Business segments. The company offers rain-enhancing and hail-prevention rockets, sounding and small rockets, guided rockets,… Read more