Zhejiang Tiantie Industry Co Ltd (300587) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Zhejiang Tiantie Industry Co Ltd (300587) has a cash flow conversion efficiency ratio of 0.002x 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¥5.39 Million ≈ $788.88K USD) by net assets (CN¥2.48 Billion ≈ $362.49 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Zhejiang Tiantie Industry Co Ltd - Cash Flow Conversion Efficiency Trend (2011–2024)
This chart illustrates how Zhejiang Tiantie Industry Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read 300587 total debt and obligations for a breakdown of total debt and financial obligations.
Zhejiang Tiantie Industry Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Zhejiang Tiantie Industry Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Taiyuan Heavy Industry Co Ltd
SHG:600169
|
0.080x |
|
MRC Global Inc
NYSE:MRC
|
-0.070x |
|
Unilever PLC
LSE:ULVR
|
0.353x |
|
Guizhou Redstar Developing Co Ltd
SHG:600367
|
0.010x |
|
Yindu Kitchen Equipment Co Ltd
SHG:603277
|
0.076x |
|
Ramkrishna Forgings Limited
NSE:RKFORGE
|
-0.002x |
|
Edelweiss Financial Services Limited
NSE:EDELWEISS
|
-0.125x |
|
Guangdong Goworld Co Ltd
SHE:000823
|
0.025x |
Annual Cash Flow Conversion Efficiency for Zhejiang Tiantie Industry Co Ltd (2011–2024)
The table below shows the annual cash flow conversion efficiency of Zhejiang Tiantie Industry Co Ltd from 2011 to 2024. For the full company profile with market capitalisation and key ratios, see Zhejiang Tiantie Industry Co Ltd (300587) market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥2.48 Billion ≈ $363.33 Million |
CN¥-139.64 Million ≈ $-20.43 Million |
-0.056x | +84.20% |
| 2023-12-31 | CN¥2.42 Billion ≈ $354.29 Million |
CN¥-861.65 Million ≈ $-126.09 Million |
-0.356x | -742.82% |
| 2022-12-31 | CN¥3.04 Billion ≈ $444.72 Million |
CN¥-128.33 Million ≈ $-18.78 Million |
-0.042x | -182.13% |
| 2021-12-31 | CN¥2.61 Billion ≈ $382.57 Million |
CN¥134.42 Million ≈ $19.67 Million |
0.051x | +106.70% |
| 2020-12-31 | CN¥1.73 Billion ≈ $253.03 Million |
CN¥43.01 Million ≈ $6.29 Million |
0.025x | +137.45% |
| 2019-12-31 | CN¥1.21 Billion ≈ $177.79 Million |
CN¥-80.71 Million ≈ $-11.81 Million |
-0.066x | -612.78% |
| 2018-12-31 | CN¥1.04 Billion ≈ $152.74 Million |
CN¥-9.73 Million ≈ $-1.42 Million |
-0.009x | +58.30% |
| 2017-12-31 | CN¥868.80 Million ≈ $127.13 Million |
CN¥-19.42 Million ≈ $-2.84 Million |
-0.022x | -131.54% |
| 2016-12-31 | CN¥785.51 Million ≈ $114.94 Million |
CN¥55.67 Million ≈ $8.15 Million |
0.071x | -36.90% |
| 2015-12-31 | CN¥396.10 Million ≈ $57.96 Million |
CN¥44.49 Million ≈ $6.51 Million |
0.112x | -27.83% |
| 2014-12-31 | CN¥343.47 Million ≈ $50.26 Million |
CN¥53.46 Million ≈ $7.82 Million |
0.156x | +2769.43% |
| 2013-12-31 | CN¥309.22 Million ≈ $45.25 Million |
CN¥1.68 Million ≈ $245.46K |
0.005x | -96.51% |
| 2012-12-31 | CN¥272.51 Million ≈ $39.88 Million |
CN¥42.37 Million ≈ $6.20 Million |
0.155x | +180.40% |
| 2011-12-31 | CN¥140.60 Million ≈ $20.57 Million |
CN¥-27.19 Million ≈ $-3.98 Million |
-0.193x | -- |
About Zhejiang Tiantie Industry Co Ltd
Zhejiang Tiantie Science and Technology Co., Ltd. engages in the provision of noise reduction and vibration mitigation technology for rail, road, level crossing, buildings, and industrial applications in China. The company also involved in the development and manufacture of rubber products. It also offers seismic isolators for buildings, such as natural rubber bearing, lead rubber bearing, high d… Read more