Zhejiang Provincial New Energy Investment Group Co Ltd
Zhejiang Provincial New Energy Investment Group Co., Ltd. engages in the investment, development, construction, operation, and management of renewable energy projects in China. The company is involved in wind power, photovoltaics, hydropower, hydrogen energy and energy storage projects. It engages in sale of electricity; and investment management business. It has a total installed capacity of app… Read more
Zhejiang Provincial New Energy Investment Group Co Ltd (600032) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: 0.139x
Based on the latest financial reports, Zhejiang Provincial New Energy Investment Group Co Ltd (600032) has a cash flow conversion efficiency ratio of 0.139x 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¥2.74 Billion) by net assets (CN¥19.69 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Zhejiang Provincial New Energy Investment Group Co Ltd - Cash Flow Conversion Efficiency Trend (2016–2024)
This chart illustrates how Zhejiang Provincial New Energy Investment Group Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Zhejiang Provincial New Energy Investment Group Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Zhejiang Provincial New Energy Investment Group Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Starhill Global Real Estate Investment Trust
PINK:SGLMF
|
0.019x |
|
Cronos Group Inc
NASDAQ:CRON
|
0.011x |
|
TechMatrix Corporation
PINK:TMTMF
|
0.378x |
|
Renew Holdings plc
PINK:RNWHF
|
0.135x |
|
GuangDong Topstrong Living Innovation & Integration Co Ltd Class A
SHE:300749
|
0.057x |
|
Jinlong Machinery Electronic
SHE:300032
|
0.073x |
|
Alpha and Omega Semiconductor Ltd
NASDAQ:AOSL
|
-0.010x |
|
Xiamen Bank Co Ltd
SHG:601187
|
0.071x |
Annual Cash Flow Conversion Efficiency for Zhejiang Provincial New Energy Investment Group Co Ltd (2016–2024)
The table below shows the annual cash flow conversion efficiency of Zhejiang Provincial New Energy Investment Group Co Ltd from 2016 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥18.79 Billion | CN¥2.82 Billion | 0.150x | +11.72% |
| 2023-12-31 | CN¥18.28 Billion | CN¥2.46 Billion | 0.135x | -33.92% |
| 2022-12-31 | CN¥14.30 Billion | CN¥2.91 Billion | 0.204x | +109.47% |
| 2021-12-31 | CN¥11.93 Billion | CN¥1.16 Billion | 0.097x | -19.03% |
| 2020-12-31 | CN¥10.12 Billion | CN¥1.22 Billion | 0.120x | -3.13% |
| 2019-12-31 | CN¥9.71 Billion | CN¥1.20 Billion | 0.124x | +43.22% |
| 2018-12-31 | CN¥7.47 Billion | CN¥646.02 Million | 0.087x | -23.49% |
| 2017-12-31 | CN¥4.66 Billion | CN¥527.04 Million | 0.113x | -38.94% |
| 2016-12-31 | CN¥4.56 Billion | CN¥844.80 Million | 0.185x | -- |