Hang Zhou Iron & Steel Co Ltd (600126) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Hang Zhou Iron & Steel Co Ltd (600126) has a cash flow conversion efficiency ratio of 0.124x 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¥2.45 Billion ≈ $358.48 Million USD) by net assets (CN¥19.75 Billion ≈ $2.89 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 Hang Zhou Iron & Steel Co Ltd net asset quality index to measure how much of total assets are equity-financed.
Hang Zhou Iron & Steel Co Ltd - Cash Flow Conversion Efficiency Trend (1998–2024)
This chart illustrates how Hang Zhou Iron & Steel Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check 600126 cash flow quality score to evaluate the quality of earnings relative to operating cash generation.
Hang Zhou Iron & Steel Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Hang Zhou Iron & Steel Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
TVS Holdings Limited
NSE:TVSHLTD
|
0.094x |
|
TELIX Pharmaceuticals Ltd
AU:TLX
|
0.066x |
|
Shanghai Huace Navigation Technology Ltd
SHE:300627
|
-0.017x |
|
Bains Mer Monaco
PA:BAIN
|
0.082x |
|
Group 1 Automotive Inc
NYSE:GPI
|
0.046x |
|
CleanSpark Inc
NASDAQ:CLSK
|
-0.163x |
|
Pinnacle Investment Management Group Ltd
AU:PNI
|
0.089x |
|
Xiamen Amoytop Biotech Co Ltd
SHG:688278
|
0.121x |
Annual Cash Flow Conversion Efficiency for Hang Zhou Iron & Steel Co Ltd (1998–2024)
The table below shows the annual cash flow conversion efficiency of Hang Zhou Iron & Steel Co Ltd from 1998 to 2024. For the full company profile with market capitalisation and key ratios, see market cap of Hang Zhou Iron & Steel Co Ltd.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥19.60 Billion ≈ $2.87 Billion |
CN¥1.13 Billion ≈ $165.30 Million |
0.058x | +142.48% |
| 2023-12-31 | CN¥20.21 Billion ≈ $2.96 Billion |
CN¥-2.74 Billion ≈ $-401.29 Million |
-0.136x | -961.03% |
| 2022-12-31 | CN¥20.19 Billion ≈ $2.95 Billion |
CN¥-258.23 Million ≈ $-37.79 Million |
-0.013x | -111.11% |
| 2021-12-31 | CN¥20.55 Billion ≈ $3.01 Billion |
CN¥2.37 Billion ≈ $346.37 Million |
0.115x | +0.69% |
| 2020-12-31 | CN¥19.90 Billion ≈ $2.91 Billion |
CN¥2.28 Billion ≈ $333.09 Million |
0.114x | +75.79% |
| 2019-12-31 | CN¥19.18 Billion ≈ $2.81 Billion |
CN¥1.25 Billion ≈ $182.56 Million |
0.065x | -50.09% |
| 2018-12-31 | CN¥18.70 Billion ≈ $2.74 Billion |
CN¥2.44 Billion ≈ $356.70 Million |
0.130x | +22.37% |
| 2017-12-31 | CN¥16.74 Billion ≈ $2.45 Billion |
CN¥1.78 Billion ≈ $260.92 Million |
0.107x | -51.30% |
| 2016-12-31 | CN¥14.99 Billion ≈ $2.19 Billion |
CN¥3.28 Billion ≈ $479.82 Million |
0.219x | -43.18% |
| 2015-12-31 | CN¥2.54 Billion ≈ $371.63 Million |
CN¥977.45 Million ≈ $143.03 Million |
0.385x | +28.21% |
| 2014-12-31 | CN¥3.63 Billion ≈ $531.44 Million |
CN¥1.09 Billion ≈ $159.53 Million |
0.300x | +704.07% |
| 2013-12-31 | CN¥3.62 Billion ≈ $529.88 Million |
CN¥135.19 Million ≈ $19.78 Million |
0.037x | -54.80% |
| 2012-12-31 | CN¥3.59 Billion ≈ $525.18 Million |
CN¥296.40 Million ≈ $43.37 Million |
0.083x | +180.53% |
| 2011-12-31 | CN¥4.01 Billion ≈ $586.11 Million |
CN¥-410.76 Million ≈ $-60.11 Million |
-0.103x | -1650.07% |
| 2010-12-31 | CN¥3.80 Billion ≈ $555.38 Million |
CN¥-22.24 Million ≈ $-3.25 Million |
-0.006x | -103.51% |
| 2009-12-31 | CN¥3.71 Billion ≈ $543.36 Million |
CN¥619.73 Million ≈ $90.69 Million |
0.167x | -46.51% |
| 2008-12-31 | CN¥3.74 Billion ≈ $547.90 Million |
CN¥1.17 Billion ≈ $170.94 Million |
0.312x | +179.82% |
| 2007-12-31 | CN¥3.87 Billion ≈ $565.64 Million |
CN¥430.99 Million ≈ $63.07 Million |
0.111x | +1.62% |
| 2006-12-31 | CN¥3.63 Billion ≈ $531.79 Million |
CN¥398.74 Million ≈ $58.35 Million |
0.110x | -57.08% |
| 2005-12-31 | CN¥3.53 Billion ≈ $516.68 Million |
CN¥902.62 Million ≈ $132.08 Million |
0.256x | -1.57% |
| 2004-12-31 | CN¥3.51 Billion ≈ $513.70 Million |
CN¥911.69 Million ≈ $133.41 Million |
0.260x | +93.40% |
| 2003-12-31 | CN¥3.05 Billion ≈ $446.41 Million |
CN¥409.65 Million ≈ $59.95 Million |
0.134x | -55.52% |
| 2002-12-31 | CN¥2.48 Billion ≈ $362.65 Million |
CN¥748.15 Million ≈ $109.48 Million |
0.302x | +92.30% |
| 2001-12-31 | CN¥2.23 Billion ≈ $326.57 Million |
CN¥350.35 Million ≈ $51.27 Million |
0.157x | +232.01% |
| 2000-12-31 | CN¥1.99 Billion ≈ $290.65 Million |
CN¥93.92 Million ≈ $13.74 Million |
0.047x | -76.48% |
| 1999-12-31 | CN¥1.31 Billion ≈ $191.77 Million |
CN¥263.48 Million ≈ $38.56 Million |
0.201x | -26.44% |
| 1998-12-31 | CN¥1.32 Billion ≈ $192.95 Million |
CN¥360.38 Million ≈ $52.73 Million |
0.273x | -- |
About Hang Zhou Iron & Steel Co Ltd
Hang Zhou Iron & Steel Co.,Ltd. manufactures and sells steel products in China. The company offers hot-rolled steel coils and hot-rolled steel plates related products. It also involved in the scrap dismantling of scrapped cars; and trading of raw materials, such as iron ore and steel. activities. Hang Zhou Iron & Steel Co.,Ltd. was founded in 1957 and is headquartered in Hangzhou, China.