Hangzhou Zhengqiang Corporation Limited (301119) - Cash Flow Conversion Efficiency
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 ≈ $7.03 Million USD) by net assets (CN¥1.02 Billion ≈ $149.28 Million USD). 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. Read 301119 current and long-term liabilities for a breakdown of total debt and financial obligations.
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 |
|---|---|
|
Bohai Ferry Co Ltd
SHG:603167
|
0.073x |
|
Kimball Electronics
NASDAQ:KE
|
0.012x |
|
Solus Advanced Materials Co Ltd
KO:336370
|
0.006x |
|
Forge Global Holdings Inc
NYSE:FRGE
|
-0.055x |
|
ARTS Group Co Ltd
SHG:603017
|
0.042x |
|
Fuchun Technology Co Ltd
SHE:300299
|
-0.037x |
|
Marssenger Kitchenware Co. Ltd.
SHE:300894
|
-0.048x |
|
YIDU TECH INC. DL -00002
F:0EL
|
N/A |
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. For the full company profile with market capitalisation and key ratios, see Hangzhou Zhengqiang Corporation Limited (301119) market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥1.02 Billion ≈ $149.96 Million |
CN¥45.35 Million ≈ $6.64 Million |
0.044x | -63.85% |
| 2023-12-31 | CN¥972.10 Million ≈ $142.25 Million |
CN¥118.99 Million ≈ $17.41 Million |
0.122x | -45.06% |
| 2022-12-31 | CN¥869.77 Million ≈ $127.28 Million |
CN¥193.78 Million ≈ $28.36 Million |
0.223x | +306.55% |
| 2021-12-31 | CN¥777.73 Million ≈ $113.81 Million |
CN¥42.62 Million ≈ $6.24 Million |
0.055x | -52.49% |
| 2020-12-31 | CN¥434.74 Million ≈ $63.62 Million |
CN¥50.14 Million ≈ $7.34 Million |
0.115x | -2.57% |
| 2019-12-31 | CN¥381.82 Million ≈ $55.87 Million |
CN¥45.20 Million ≈ $6.61 Million |
0.118x | -4.66% |
| 2018-12-31 | CN¥335.17 Million ≈ $49.05 Million |
CN¥41.61 Million ≈ $6.09 Million |
0.124x | -46.06% |
| 2017-12-31 | CN¥280.68 Million ≈ $41.07 Million |
CN¥64.60 Million ≈ $9.45 Million |
0.230x | -- |
About 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.