Zhejiang Provincial New Energy Investment Group Co Ltd (600032) - Cash Flow Conversion Efficiency

Latest 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 ≈ $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. See operational self-sufficiency of Zhejiang Provincial New Energy Investmen to measure how many days the company can operate on defensive assets alone.

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.

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
China South Publishing & Media Group Co Ltd SHG:601098	-0.021x
Shenzhen SDG Information Co Ltd SHE:000070	-0.030x
Bombardier Inc TO:BBD-A	-1.613x
Hesai Group Sponsored ADR NASDAQ:HSAI	-0.004x
Shenzhen Jame Technology Corp Ltd SHE:300868	0.013x
ACC Limited NSE:ACC	-0.111x
Motherson Sumi Wiring India Limited NSE:MSUMI	0.041x
Iljin Electric Co KO:103590	-0.143x

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. For the full company profile with market capitalisation and key ratios, see 600032 company net worth.

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

$2.73 Billion

CN¥18.66 Billion CNY

Market Cap Rank

#5308 Global

#1019 in China

Share Price

CN¥7.76

Change (1 day)

-5.13%

52-Week Range

CN¥7.27 - CN¥13.02

All Time High

CN¥17.49