Hangzhou Zhengqiang Corporation Limited
Hangzhou Zhengqiang Corporation Limited engages in the research, development, production, and sales of automobile cross-axle universal joint assemblies, forks, cross shafts, yokes, and related components in China and internationally. Hangzhou Zhengqiang Corporation Limited was founded in 1997 and is based in Xiaoshan, China.
Hangzhou Zhengqiang Corporation Limited (301119) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: 0.047x
Based on the latest financial reports, Hangzhou Zhengqiang Corporation Limited (301119) has a cash flow conversion efficiency ratio of 0.047x 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¥48.02 Million) by net assets (CN¥1.02 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Hangzhou Zhengqiang Corporation Limited - Cash Flow Conversion Efficiency Trend (2017–2024)
This chart illustrates how Hangzhou Zhengqiang Corporation Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Hangzhou Zhengqiang Corporation Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Hangzhou Zhengqiang Corporation Limited ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
2UH0
F:2UH0
|
0.021x |
|
Jacquet Metal Service SA
PA:JCQ
|
0.059x |
|
Plover Bay Technologies Limited
PINK:PBTDF
|
N/A |
|
Huafang Co Ltd
SHG:600448
|
0.120x |
|
Yonker Environmental Protect
SHE:300187
|
0.097x |
|
Guangdong Dp Co Ltd
SHE:300808
|
0.011x |
|
Dong Nai Port JSC
VN:PDN
|
0.070x |
|
John Wood Group PLC
PINK:WDGJF
|
-0.763x |
Annual Cash Flow Conversion Efficiency for Hangzhou Zhengqiang Corporation Limited (2017–2024)
The table below shows the annual cash flow conversion efficiency of Hangzhou Zhengqiang Corporation Limited from 2017 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥1.02 Billion | CN¥45.35 Million | 0.044x | -63.85% |
| 2023-12-31 | CN¥972.10 Million | CN¥118.99 Million | 0.122x | -45.06% |
| 2022-12-31 | CN¥869.77 Million | CN¥193.78 Million | 0.223x | +306.55% |
| 2021-12-31 | CN¥777.73 Million | CN¥42.62 Million | 0.055x | -52.49% |
| 2020-12-31 | CN¥434.74 Million | CN¥50.14 Million | 0.115x | -2.57% |
| 2019-12-31 | CN¥381.82 Million | CN¥45.20 Million | 0.118x | -4.66% |
| 2018-12-31 | CN¥335.17 Million | CN¥41.61 Million | 0.124x | -46.06% |
| 2017-12-31 | CN¥280.68 Million | CN¥64.60 Million | 0.230x | -- |