Shandong Zhongji Electrical Equipment Co Ltd
Zhongji Innolight Co., Ltd. engages in the design, research and development, production, and sales optical communication transceiver modules and optical devices in China. The company was formerly known as Shandong Zhongji Electrical Equipment Co., Ltd and changed its name to Zhongji Innolight Co., Ltd. in September 2017. Zhongji Innolight Co., Ltd. was founded in 2005 and is headquartered in Long… Read more
Shandong Zhongji Electrical Equipment Co Ltd (300308) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: 0.081x
Based on the latest financial reports, Shandong Zhongji Electrical Equipment Co Ltd (300308) has a cash flow conversion efficiency ratio of 0.081x as of September 2025.
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¥2.27 Billion) by net assets (CN¥28.02 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Shandong Zhongji Electrical Equipment Co Ltd - Cash Flow Conversion Efficiency Trend (2009–2024)
This chart illustrates how Shandong Zhongji Electrical Equipment Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Shandong Zhongji Electrical Equipment Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Shandong Zhongji Electrical Equipment Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Tokio Marine Holdings Inc
PINK:TKOMY
|
0.021x |
|
TC Energy Corp
NYSE:TRP
|
0.051x |
|
Kinder Morgan Inc
NYSE:KMI
|
0.044x |
|
Intel Corp. CEDEAR
BA:INTC
|
0.034x |
|
Nike Inc
NYSE:NKE
|
0.041x |
|
Sempra
LSE:0L5A
|
0.028x |
|
Air Products and Chemicals Inc
NYSE:APD
|
0.050x |
|
Valero Energy Corporation
NYSE:VLO
|
0.079x |
Annual Cash Flow Conversion Efficiency for Shandong Zhongji Electrical Equipment Co Ltd (2009–2024)
The table below shows the annual cash flow conversion efficiency of Shandong Zhongji Electrical Equipment Co Ltd from 2009 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥20.29 Billion | CN¥3.16 Billion | 0.156x | +21.45% |
| 2023-12-31 | CN¥14.77 Billion | CN¥1.90 Billion | 0.128x | -36.72% |
| 2022-12-31 | CN¥12.07 Billion | CN¥2.45 Billion | 0.203x | +189.68% |
| 2021-12-31 | CN¥11.60 Billion | CN¥812.76 Million | 0.070x | +2481.69% |
| 2020-12-31 | CN¥7.99 Billion | CN¥21.69 Million | 0.003x | -96.70% |
| 2019-12-31 | CN¥6.93 Billion | CN¥569.46 Million | 0.082x | -40.50% |
| 2018-12-31 | CN¥4.78 Billion | CN¥660.01 Million | 0.138x | +1238.41% |
| 2017-12-31 | CN¥4.01 Billion | CN¥41.36 Million | 0.010x | -83.04% |
| 2016-12-31 | CN¥555.78 Million | CN¥33.83 Million | 0.061x | +23.75% |
| 2015-12-31 | CN¥548.21 Million | CN¥26.97 Million | 0.049x | +194.12% |
| 2014-12-31 | CN¥544.96 Million | CN¥9.11 Million | 0.017x | -75.50% |
| 2013-12-31 | CN¥529.34 Million | CN¥36.14 Million | 0.068x | +367.92% |
| 2012-12-31 | CN¥520.92 Million | CN¥-13.27 Million | -0.025x | -115.97% |
| 2011-12-31 | CN¥206.90 Million | CN¥33.02 Million | 0.160x | -23.08% |
| 2010-12-31 | CN¥155.69 Million | CN¥32.30 Million | 0.207x | -47.95% |
| 2009-12-31 | CN¥85.92 Million | CN¥34.25 Million | 0.399x | -- |