Zhejiang Kaier New Materials (300234) - Cash Flow Conversion Efficiency

Latest as of June 2023: 0.027x

Based on the latest financial reports, Zhejiang Kaier New Materials (300234) has a cash flow conversion efficiency ratio of 0.027x as of June 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¥29.88 Million ≈ $4.37 Million USD) by net assets (CN¥1.09 Billion ≈ $159.71 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 300234 market cap overview for the company's overall valuation and market capitalisation.

Zhejiang Kaier New Materials - Cash Flow Conversion Efficiency Trend (2008–2024)

This chart illustrates how Zhejiang Kaier New Materials's cash flow conversion efficiency has evolved over time, based on yearly financial data.

Zhejiang Kaier New Materials Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Zhejiang Kaier New Materials ranked by their cash flow conversion efficiency. Explore Zhejiang Kaier New Materials earnings quality ratio to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
Vishay Precision Group Inc NYSE:VPG	0.001x
Changzhou Tenglong Auto Parts SHG:603158	0.028x
VBG Group AB (publ) ST:VBG-B	0.002x
ORIENT SECUR.CO.LTD.H YC1 F:OS9	0.133x
New Huadu Supercenter Co Ltd SHE:002264	0.015x
Vercom SA WAR:VRC	0.066x
Zhe Jiang Kangsheng Co Ltd SHE:002418	-0.053x
Xilong Chemical Co Ltd SHE:002584	-0.008x

Annual Cash Flow Conversion Efficiency for Zhejiang Kaier New Materials (2008–2024)

The table below shows the annual cash flow conversion efficiency of Zhejiang Kaier New Materials from 2008 to 2024. View today's stock price for Zhejiang Kaier New Materials for real-time trading data and today's change.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CN¥1.14 Billion ≈ $166.69 Million	CN¥154.32 Million ≈ $22.58 Million	0.135x	+47.81%
2023-12-31	CN¥1.13 Billion ≈ $165.04 Million	CN¥103.37 Million ≈ $15.13 Million	0.092x	+790.72%
2022-12-31	CN¥1.06 Billion ≈ $155.14 Million	CN¥10.91 Million ≈ $1.60 Million	0.010x	-73.39%
2021-12-31	CN¥992.22 Million ≈ $145.19 Million	CN¥38.37 Million ≈ $5.62 Million	0.039x	-19.26%
2020-12-31	CN¥927.06 Million ≈ $135.66 Million	CN¥44.41 Million ≈ $6.50 Million	0.048x	+551.82%
2019-12-31	CN¥925.00 Million ≈ $135.36 Million	CN¥-9.81 Million ≈ $-1.44 Million	-0.011x	-193.20%
2018-12-31	CN¥919.61 Million ≈ $134.57 Million	CN¥10.46 Million ≈ $1.53 Million	0.011x	-78.43%
2017-12-31	CN¥1.00 Billion ≈ $146.69 Million	CN¥52.85 Million ≈ $7.73 Million	0.053x	-6.36%
2016-12-31	CN¥1.01 Billion ≈ $147.97 Million	CN¥56.94 Million ≈ $8.33 Million	0.056x	+93.69%
2015-12-31	CN¥586.16 Million ≈ $85.77 Million	CN¥17.04 Million ≈ $2.49 Million	0.029x	-74.25%
2014-12-31	CN¥531.67 Million ≈ $77.80 Million	CN¥60.02 Million ≈ $8.78 Million	0.113x	+27.81%
2011-12-31	CN¥371.75 Million ≈ $54.40 Million	CN¥32.84 Million ≈ $4.80 Million	0.088x	+89.72%
2010-12-31	CN¥119.36 Million ≈ $17.47 Million	CN¥5.56 Million ≈ $813.16K	0.047x	-49.53%
2009-12-31	CN¥92.92 Million ≈ $13.60 Million	CN¥8.57 Million ≈ $1.25 Million	0.092x	-4.71%
2008-12-31	CN¥76.90 Million ≈ $11.25 Million	CN¥7.44 Million ≈ $1.09 Million	0.097x	--

About Zhejiang Kaier New Materials

SHE:300234 China Steel

Market Cap

$743.66 Million

CN¥5.08 Billion CNY

Market Cap Rank

#10249 Global

#2701 in China

Share Price

CN¥10.10

Change (1 day)

+0.70%

52-Week Range

CN¥4.93 - CN¥11.73

All Time High

CN¥204.22