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 Zhejiang Provincial New Energy Investmen (600032) net asset quality to measure how much of total assets are equity-financed.

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. Check 600032 cash to earnings ratio to evaluate the quality of earnings relative to operating cash generation.

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
American Eagle Outfitters Inc NYSE:AEO	0.032x
Ningbo Zhenyu Technology Co. Ltd. SHE:300953	0.016x
GOLDEN AGRI-RES ADR/100 F:4G3	N/A
Xiamen Changelight SHE:300102	0.018x
ZIP Co Ltd AU:ZIP	-0.205x
GRAIL, LLC NASDAQ:GRAL	-0.035x
Fabege AB ST:FABG	0.023x
Sinomag Technology Co Ltd SHE:300835	0.011x

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 stock market capitalisation.

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

$2.58 Billion

CN¥17.65 Billion CNY

Market Cap Rank

#5366 Global

#966 in China

Share Price

CN¥7.34

Change (1 day)

-0.27%

52-Week Range

CN¥6.47 - CN¥13.02

All Time High

CN¥17.49