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.

Zhejiang Zheneng Electric Power Co Ltd - Cash Flow Conversion Efficiency Trend (2010–2024)

This chart illustrates how Zhejiang Zheneng Electric Power Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read Zhejiang Zheneng Electric Power Co Ltd debt and liabilities for a breakdown of total debt and financial obligations.

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
BUDWEISER BREW.UNSP.ADR/4 F:4BB1	N/A
Koc Holding AS IS:KCHOL	0.004x
Crown Holdings Inc NYSE:CCK	0.134x
DIETEREN GR. UNSP.ADR 1/2 F:DJD	N/A
Dayforce Inc. NYSE:DAY	0.012x
Eurofins Scientific SE F:ESF0	0.073x
JAMES HARDIE INDUST.ADR/1 F:JHA0	N/A
Petro Rio S.A. SA:PRIO3	0.059x

Annual Cash Flow Conversion Efficiency for Zhejiang Zheneng Electric Power Co Ltd (2010–2024)

The table below shows the annual cash flow conversion efficiency of Zhejiang Zheneng Electric Power Co Ltd from 2010 to 2024. 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
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

$11.18 Billion

CN¥76.43 Billion CNY

Market Cap Rank

#2056 Global

#237 in China

Share Price

CN¥5.70

Change (1 day)

-0.35%

52-Week Range

CN¥4.91 - CN¥5.89

All Time High

CN¥7.63