Zhejiang Taitan Co Ltd (003036) - Cash Flow Conversion Efficiency
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 ≈ $3.76 Million USD) by net assets (CN¥1.36 Billion ≈ $199.69 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see market value of Zhejiang Taitan Co Ltd for the company's overall valuation and market capitalisation.
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.
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. Explore 003036 cash flow quality score to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Dunelm Group plc
F:DFQ
|
0.329x |
|
SRH Total Return Fund Inc.
NYSE:STEW
|
0.015x |
|
Shenzhen MeiG Smart Technology Co Ltd
SHE:002881
|
0.075x |
|
Aluar Aluminio Argentino
BA:ALUA
|
0.051x |
|
Ningbo Shuanglin Auto Parts
SHE:300100
|
0.079x |
|
Jiangsu Ruitai New Energy Materials Co. Ltd.
SHE:301238
|
0.027x |
|
Believe SAS
PA:BLV
|
0.049x |
|
Alignment Healthcare LLC
NASDAQ:ALHC
|
-0.065x |
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. View 003036 share price today for real-time trading data and today's change.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥1.45 Billion ≈ $212.80 Million |
CN¥35.79 Million ≈ $5.24 Million |
0.025x | -87.29% |
| 2023-12-31 | CN¥1.45 Billion ≈ $211.60 Million |
CN¥279.91 Million ≈ $40.96 Million |
0.194x | -18.30% |
| 2022-12-31 | CN¥1.27 Billion ≈ $186.51 Million |
CN¥301.98 Million ≈ $44.19 Million |
0.237x | +352.70% |
| 2021-12-31 | CN¥1.16 Billion ≈ $169.77 Million |
CN¥-108.77 Million ≈ $-15.92 Million |
-0.094x | -276.37% |
| 2020-12-31 | CN¥841.17 Million ≈ $123.09 Million |
CN¥44.72 Million ≈ $6.54 Million |
0.053x | -58.87% |
| 2019-12-31 | CN¥768.50 Million ≈ $112.46 Million |
CN¥99.32 Million ≈ $14.53 Million |
0.129x | -12.66% |
| 2018-12-31 | CN¥614.38 Million ≈ $89.90 Million |
CN¥90.90 Million ≈ $13.30 Million |
0.148x | +72.99% |
| 2017-12-31 | CN¥546.84 Million ≈ $80.02 Million |
CN¥46.77 Million ≈ $6.84 Million |
0.086x | -- |
About 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