Zhejiang Songyuan Automotive Safety (300893) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Zhejiang Songyuan Automotive Safety (300893) has a cash flow conversion efficiency ratio of 0.019x 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¥36.76 Million ≈ $5.38 Million USD) by net assets (CN¥1.94 Billion ≈ $283.20 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 300893 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Zhejiang Songyuan Automotive Safety - Cash Flow Conversion Efficiency Trend (2016–2024)
This chart illustrates how Zhejiang Songyuan Automotive Safety's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Zhejiang Songyuan Automotive Safety Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Zhejiang Songyuan Automotive Safety ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Carabao Group Public Company Limited
BK:CBG
|
0.036x |
|
Alphatec Holdings Inc
NASDAQ:ATEC
|
0.071x |
|
Cairn Homes PLC
IR:C5H
|
-0.020x |
|
GuoChuang Software Co Ltd
SHE:300520
|
0.007x |
|
ABCELLERA BIOLOGICS
F:8QQ
|
-0.036x |
|
Shanghai Tofflon Science Tech
SHE:300171
|
0.006x |
|
AFCONS INFRASTRUCTURE LTD
NSE:AFCONS
|
-0.124x |
|
Cofco Biochemical Anhui Co Ltd
SHE:000930
|
0.039x |
Annual Cash Flow Conversion Efficiency for Zhejiang Songyuan Automotive Safety (2016–2024)
The table below shows the annual cash flow conversion efficiency of Zhejiang Songyuan Automotive Safety from 2016 to 2024. For the full company profile with market capitalisation and key ratios, see Zhejiang Songyuan Automotive Safety market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥1.34 Billion ≈ $196.39 Million |
CN¥139.52 Million ≈ $20.42 Million |
0.104x | -32.25% |
| 2023-12-31 | CN¥1.06 Billion ≈ $155.82 Million |
CN¥163.40 Million ≈ $23.91 Million |
0.153x | +118.65% |
| 2022-12-31 | CN¥873.50 Million ≈ $127.82 Million |
CN¥61.30 Million ≈ $8.97 Million |
0.070x | -48.21% |
| 2021-12-31 | CN¥772.30 Million ≈ $113.01 Million |
CN¥104.65 Million ≈ $15.31 Million |
0.136x | +73.47% |
| 2020-12-31 | CN¥711.03 Million ≈ $104.05 Million |
CN¥55.54 Million ≈ $8.13 Million |
0.078x | -65.28% |
| 2019-12-31 | CN¥364.71 Million ≈ $53.37 Million |
CN¥82.05 Million ≈ $12.01 Million |
0.225x | -8.62% |
| 2018-12-31 | CN¥320.12 Million ≈ $46.84 Million |
CN¥78.81 Million ≈ $11.53 Million |
0.246x | +54.95% |
| 2017-12-31 | CN¥289.75 Million ≈ $42.40 Million |
CN¥46.04 Million ≈ $6.74 Million |
0.159x | +126.86% |
| 2016-12-31 | CN¥239.69 Million ≈ $35.07 Million |
CN¥16.79 Million ≈ $2.46 Million |
0.070x | -- |
About Zhejiang Songyuan Automotive Safety
Zhejiang Songyuan Automotive Safety Systems Co.,Ltd., together with its subsidiaries, engages in the design, research, development, production, sale, and service of automotive passive safety system products in China and internationally. The company offers seat belt assemblies, air bags, steering wheels, and special seat safety devices; electronics comprising ECU, integrated switches, and harnesse… Read more