Zhejiang Taitan Co Ltd
Zhejiang Taitan Co.,Ltd., together with its subsidiaries, engages in the research and development, manufacture, sale, and service of textile machinery in China and internationally. The company offers spinning machinery, including rotor spinning machines; twisting machinery comprising two for one twister for short fibers and filaments, rapier looms, precision doubling machines, and doubling winder… Read more
Zhejiang Taitan Co Ltd (003036) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2023: 0.019x
Based on the latest financial reports, Zhejiang Taitan Co Ltd (003036) has a cash flow conversion efficiency ratio of 0.019x as of September 2023.
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¥25.73 Million) by net assets (CN¥1.36 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Zhejiang Taitan Co Ltd - Cash Flow Conversion Efficiency Trend (2017–2024)
This chart illustrates how Zhejiang Taitan Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Zhejiang Taitan Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Zhejiang Taitan Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
ITAB SHOP CONC. SK 0417
F:29I0
|
N/A |
|
Turcas Petrol AS
IS:TRCAS
|
0.006x |
|
Quoc Cuong Gia Lai JSC
VN:QCG
|
0.004x |
|
RCE Capital Berhad
KLSE:9296
|
0.049x |
|
Viking Line Abp
HE:VIK1V
|
0.151x |
|
Easy Trip Planners Limited
NSE:EASEMYTRIP
|
0.008x |
|
Singaraja Putra
JK:SINI
|
0.040x |
|
Compucase Enterprise Co Ltd
TW:3032
|
0.180x |
Annual Cash Flow Conversion Efficiency for Zhejiang Taitan Co Ltd (2017–2024)
The table below shows the annual cash flow conversion efficiency of Zhejiang Taitan Co Ltd from 2017 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥1.45 Billion | CN¥35.79 Million | 0.025x | -87.29% |
| 2023-12-31 | CN¥1.45 Billion | CN¥279.91 Million | 0.194x | -18.30% |
| 2022-12-31 | CN¥1.27 Billion | CN¥301.98 Million | 0.237x | +352.70% |
| 2021-12-31 | CN¥1.16 Billion | CN¥-108.77 Million | -0.094x | -276.37% |
| 2020-12-31 | CN¥841.17 Million | CN¥44.72 Million | 0.053x | -58.87% |
| 2019-12-31 | CN¥768.50 Million | CN¥99.32 Million | 0.129x | -12.66% |
| 2018-12-31 | CN¥614.38 Million | CN¥90.90 Million | 0.148x | +72.99% |
| 2017-12-31 | CN¥546.84 Million | CN¥46.77 Million | 0.086x | -- |