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 how leveraged is Zhejiang Kaier New Materials's balance sheet to measure how much of total assets are equity-financed.

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. Check Zhejiang Kaier New Materials cash flow quality index to evaluate the quality of earnings relative to operating cash generation.

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
Guangzhou Haoyang Electronic Co Ltd SHE:300833	0.019x
Civmec Ltd AU:CVL	-0.019x
Legacy Housing Corp NASDAQ:LEGH	0.013x
Lotte Confectionery Co Ltd KO:280360	0.018x
Zhejiang Hongchang Electrical Technology Co. Ltd. SHE:301008	0.052x
Hwang Chang General Contractor Co Ltd TW:2543	0.032x
Shenzhen Neptunus Bioengineering Co Ltd SHE:000078	-0.008x
Caribbean Utilities Company Ltd TO:CUP-U	0.054x

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 company net worth.

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

$616.28 Million

CN¥4.21 Billion CNY

Market Cap Rank

#11018 Global

#2987 in China

Share Price

CN¥8.37

Change (1 day)

+6.76%

52-Week Range

CN¥4.93 - CN¥11.73

All Time High

CN¥204.22