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. See Zhejiang Kaier New Materials (300234) net assets for net asset value and shareholders' equity analysis.

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. For the full company profile with market capitalisation and key ratios, see Zhejiang Kaier New Materials (300234) market capitalisation.

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.

Company	Cash Flow Conversion Efficiency
Elite Color Environmental Resources SHE:002998	0.002x
LCY Technology Corp TW:4989	-0.089x
FLAT GLASS GROUP H YC-25 F:72T	N/A
Shoe Carnival Inc NASDAQ:SCVL	0.049x
Raubex JSE:RBX	0.058x
FIC Global Inc TW:3701	0.069x
Chularat Hospital Public Company Limited BK:CHG	0.017x
Amper S.A. MC:AMP	-0.602x

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. Read how much debt does Zhejiang Kaier New Materials carry for a breakdown of total debt and financial obligations.

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

$490.37 Million

CN¥3.35 Billion CNY

Market Cap Rank

#12633 Global

#3940 in China

Share Price

CN¥6.66

Change (1 day)

+3.10%

52-Week Range

CN¥4.68 - CN¥6.66

All Time High

CN¥204.22