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

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. Explore 600032 cash flow quality score to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
Euronet Worldwide Inc NASDAQ:EEFT	0.021x
Newell Brands Inc NASDAQ:NWL	0.012x
Double Medical Technology Inc SHE:002901	0.054x
Ta Liang Technology Co Ltd TW:3167	0.046x
Voltronic Power Technology Corp TW:6409	0.046x
Rush Street Interactive Inc NYSE:RSI	0.154x
First Busey Corp NASDAQ:BUSE	0.017x
RH NYSE:RH	39.407x

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. View latest Zhejiang Provincial New Energy Investmen stock price today for real-time trading data and today's change.

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

$2.46 Billion

CN¥16.78 Billion CNY

Market Cap Rank

#5544 Global

#1026 in China

Share Price

CN¥6.98

Change (1 day)

-1.27%

52-Week Range

CN¥6.47 - CN¥13.02

All Time High

CN¥17.49