Zhejiang Zheneng Electric Power Co Ltd (600023) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.074x

Based on the latest financial reports, Zhejiang Zheneng Electric Power Co Ltd (600023) has a cash flow conversion efficiency ratio of 0.074x 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¥6.63 Billion ≈ $969.53 Million USD) by net assets (CN¥89.25 Billion ≈ $13.06 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Zhejiang Zheneng Electric Power Co Ltd (600023) defensive interval to measure how many days the company can operate on defensive assets alone.

Zhejiang Zheneng Electric Power Co Ltd - Cash Flow Conversion Efficiency Trend (2010–2025)

This chart illustrates how Zhejiang Zheneng Electric Power Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data.

Zhejiang Zheneng Electric Power Co Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Zhejiang Zheneng Electric Power Co Ltd ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Hyundai Glovis KO:086280	0.084x
Harmony Gold Mining Company Ltd BA:HMY	0.075x
Var Energi ASA OL:VAR	36.298x
Nutanix Inc NASDAQ:NTNX	-0.294x
Rubrik, Inc. NYSE:RBRK	-0.183x
A.P.MOELL-M.B U.ADR 1/200 F:DP4H	0.044x
JSW Energy Limited NSE:JSWENERGY	0.159x
AB SKF (publ) ST:SKF-B	-0.008x

Annual Cash Flow Conversion Efficiency for Zhejiang Zheneng Electric Power Co Ltd (2010–2025)

The table below shows the annual cash flow conversion efficiency of Zhejiang Zheneng Electric Power Co Ltd from 2010 to 2025. For the full company profile with market capitalisation and key ratios, see Zhejiang Zheneng Electric Power Co Ltd (600023) total market value.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	CN¥89.87 Billion ≈ $13.15 Billion	CN¥11.45 Billion ≈ $1.68 Billion	0.127x	-19.28%
2024-12-31	CN¥86.82 Billion ≈ $12.70 Billion	CN¥13.71 Billion ≈ $2.01 Billion	0.158x	+10.00%
2023-12-31	CN¥79.97 Billion ≈ $11.70 Billion	CN¥11.48 Billion ≈ $1.68 Billion	0.144x	+4227.30%
2022-12-31	CN¥67.56 Billion ≈ $9.89 Billion	CN¥224.07 Million ≈ $32.79 Million	0.003x	-71.84%
2021-12-31	CN¥71.79 Billion ≈ $10.50 Billion	CN¥845.66 Million ≈ $123.75 Million	0.012x	-91.12%
2020-12-31	CN¥76.31 Billion ≈ $11.17 Billion	CN¥10.13 Billion ≈ $1.48 Billion	0.133x	+6.58%
2019-12-31	CN¥72.50 Billion ≈ $10.61 Billion	CN¥9.03 Billion ≈ $1.32 Billion	0.125x	+27.12%
2018-12-31	CN¥69.15 Billion ≈ $10.12 Billion	CN¥6.77 Billion ≈ $991.28 Million	0.098x	-32.51%
2017-12-31	CN¥68.80 Billion ≈ $10.07 Billion	CN¥9.99 Billion ≈ $1.46 Billion	0.145x	-27.91%
2016-12-31	CN¥66.31 Billion ≈ $9.70 Billion	CN¥13.35 Billion ≈ $1.95 Billion	0.201x	+1.61%
2015-12-31	CN¥63.87 Billion ≈ $9.35 Billion	CN¥12.66 Billion ≈ $1.85 Billion	0.198x	-2.80%
2014-12-31	CN¥51.13 Billion ≈ $7.48 Billion	CN¥10.42 Billion ≈ $1.53 Billion	0.204x	-33.28%
2013-12-31	CN¥43.41 Billion ≈ $6.35 Billion	CN¥13.26 Billion ≈ $1.94 Billion	0.306x	+33.00%
2012-12-31	CN¥39.47 Billion ≈ $5.78 Billion	CN¥9.07 Billion ≈ $1.33 Billion	0.230x	+49.18%
2011-12-31	CN¥34.90 Billion ≈ $5.11 Billion	CN¥5.37 Billion ≈ $786.35 Million	0.154x	-26.70%
2010-12-31	CN¥36.95 Billion ≈ $5.41 Billion	CN¥7.76 Billion ≈ $1.14 Billion	0.210x	--

About Zhejiang Zheneng Electric Power Co Ltd

SHG:600023 China Utilities - Independent Power Producers

Market Cap

$11.30 Billion

CN¥77.23 Billion CNY

Market Cap Rank

#2066 Global

#235 in China

Share Price

CN¥5.76

Change (1 day)

-4.64%

52-Week Range

CN¥4.91 - CN¥6.70

All Time High

CN¥7.63