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 debt-free asset ratio of Zhejiang Zheneng Electric Power Co Ltd to measure how much of total assets are equity-financed.

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. Check Zhejiang Zheneng Electric Power Co Ltd (600023) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.

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
Donaldson Company Inc NYSE:DCI	0.080x
Keyera Corp. TO:KEY	0.128x
Inner Mongolia Xingye Mining Co Ltd SHE:000426	0.095x
Aptiv PLC NYSE:APTV	-0.015x
The Siam Cement Public Company Limited BK:SCC	0.012x
CareTrust REIT Inc. NYSE:CTRE	0.022x
Getlink SE PA:GET	0.135x
GEA GROUP XETRA:G1A	-0.049x

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 market cap and net worth.

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

$9.73 Billion

CN¥66.51 Billion CNY

Market Cap Rank

#2286 Global

#250 in China

Share Price

CN¥4.96

Change (1 day)

+0.40%

52-Week Range

CN¥4.91 - CN¥6.70

All Time High

CN¥7.63