Zhejiang Provincial New Energy Investment Group Co Ltd Cash Flow Conversion Efficiency

Latest as of September 2025: 0.139x

Zhejiang Provincial New Energy Investment Group Co Ltd cash flow conversion efficiency. 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 ≈ $401.35 Million USD) by net assets (CN¥19.69 Billion ≈ $2.88 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Cash Flow Conversion Efficiency of Zhejiang Provincial New Energy Investment Group Co Ltd (2016–2024)

Cash flow conversion efficiency of Zhejiang Provincial New Energy Investment Group Co Ltd from 2016 to 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. View Zhejiang Provincial New Energy Investmen (600032) stock price for real-time trading data and today's change.

Zhejiang Provincial New Energy Investment Group Co Ltd Cash Flow Conversion Ratio Explained

Zhejiang Provincial New Energy Investment Group Co Ltd cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.

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. Also see Zhejiang Provincial New Energy Investmen stock valuation for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
KINGSOFT C.H.LTD. DL-001 F:KS70	0.112x
Kalpataru Projects International Ltd. NSE:KPIL	-0.053x
Dorma Kaba Holding AG SW:DOKA	0.088x
Munters Group AB ST:MTRS	0.075x
Yunnan Shennong Agricultural Industry Group Co Ltd SHG:605296	-0.018x
Companhia de Gás de São Paulo - COMGÁS SA:CGAS3	0.555x
Beijing Venustech Inc SHE:002439	0.005x
F&G Annuities & Life Inc. NYSE:FG	0.317x

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. Review how much free cash does Zhejiang Provincial New Energy Investmen generate to assess how much free cash flow the company generates relative to operating cash flow.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CN¥18.79 Billion ≈ $2.75 Billion	CN¥2.82 Billion ≈ $413.21 Million	0.150x	+11.72%
2023-12-31	CN¥18.28 Billion ≈ $2.68 Billion	CN¥2.46 Billion ≈ $359.98 Million	0.135x	-33.92%
2022-12-31	CN¥14.30 Billion ≈ $2.09 Billion	CN¥2.91 Billion ≈ $425.92 Million	0.204x	+109.47%
2021-12-31	CN¥11.93 Billion ≈ $1.75 Billion	CN¥1.16 Billion ≈ $169.64 Million	0.097x	-19.03%
2020-12-31	CN¥10.12 Billion ≈ $1.48 Billion	CN¥1.22 Billion ≈ $177.84 Million	0.120x	-3.13%
2019-12-31	CN¥9.71 Billion ≈ $1.42 Billion	CN¥1.20 Billion ≈ $176.00 Million	0.124x	+43.22%
2018-12-31	CN¥7.47 Billion ≈ $1.09 Billion	CN¥646.02 Million ≈ $94.53 Million	0.087x	-23.49%
2017-12-31	CN¥4.66 Billion ≈ $682.04 Million	CN¥527.04 Million ≈ $77.12 Million	0.113x	-38.94%
2016-12-31	CN¥4.56 Billion ≈ $667.49 Million	CN¥844.80 Million ≈ $123.62 Million	0.185x	--

About Zhejiang Provincial New Energy Investment Group Co Ltd

SHG:600032 China Utilities - Renewable

Market Cap

$2.53 Billion

CN¥17.29 Billion CNY

Market Cap Rank

#5235 Global

#884 in China

Share Price

CN¥7.19

Change (1 day)

+0.28%

52-Week Range

CN¥6.47 - CN¥13.02

All Time High

CN¥17.49