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 liquidity coverage in days to measure how many days the company can operate on defensive assets alone.

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.

Company	Cash Flow Conversion Efficiency
Lexicon Pharmaceuticals Inc NASDAQ:LXRX	-0.073x
Sats ASA OL:SATS	0.451x
Shandong Ruifeng Chemical Co Ltd SHE:300243	-0.005x
Cresud SA BA:CRES	-0.021x
Prashkovsky TA:PRSK	-0.008x
AXISCADES Technologies Limited NSE:AXISCADES	0.019x
HANA Micron Inc KQ:067310	-0.039x
Nanjing Cosmos Chemical Co Ltd SHE:300856	0.037x

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. For the full company profile with market capitalisation and key ratios, see 300234 stock market capitalisation.

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

$839.38 Million

CN¥5.74 Billion CNY

Market Cap Rank

#9870 Global

#2643 in China

Share Price

CN¥11.40

Change (1 day)

+2.89%

52-Week Range

CN¥4.69 - CN¥11.40

All Time High

CN¥204.22