Zhejiang Medicine Co Ltd (600216) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.062x

Based on the latest financial reports, Zhejiang Medicine Co Ltd (600216) has a cash flow conversion efficiency ratio of 0.062x 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¥690.77 Million ≈ $101.08 Million USD) by net assets (CN¥11.21 Billion ≈ $1.64 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Zhejiang Medicine Co Ltd - Cash Flow Conversion Efficiency Trend (1998–2024)

This chart illustrates how Zhejiang Medicine Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read how much debt does Zhejiang Medicine Co Ltd carry for a breakdown of total debt and financial obligations.

Zhejiang Medicine Co Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Zhejiang Medicine Co Ltd ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
BRP Inc TO:DOO	0.627x
Zhejiang Yonghe Refrigerant Co Ltd SHG:605020	0.030x
Shenzhen Rongda Photosensitive & Technology Co Ltd SHE:300576	0.035x
Ceconomy AG XETRA:CEC	2.309x
Visual Photonics Epitaxy Co Ltd TW:2455	0.080x
Spartan Resources Ltd AU:SPR	-0.015x
Staidson Beijing Biopharma SHE:300204	-0.046x
Hunan Boyun New Materials Co Ltd SHE:002297	0.037x

Annual Cash Flow Conversion Efficiency for Zhejiang Medicine Co Ltd (1998–2024)

The table below shows the annual cash flow conversion efficiency of Zhejiang Medicine Co Ltd from 1998 to 2024. For the full company profile with market capitalisation and key ratios, see Zhejiang Medicine Co Ltd (600216) total market value.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CN¥10.87 Billion ≈ $1.59 Billion	CN¥1.22 Billion ≈ $179.01 Million	0.113x	+77.21%
2023-12-31	CN¥9.99 Billion ≈ $1.46 Billion	CN¥634.31 Million ≈ $92.82 Million	0.064x	+18.47%
2022-12-31	CN¥9.71 Billion ≈ $1.42 Billion	CN¥520.60 Million ≈ $76.18 Million	0.054x	-56.69%
2021-12-31	CN¥9.18 Billion ≈ $1.34 Billion	CN¥1.14 Billion ≈ $166.33 Million	0.124x	-20.90%
2020-12-31	CN¥8.03 Billion ≈ $1.18 Billion	CN¥1.26 Billion ≈ $183.90 Million	0.157x	+188.76%
2019-12-31	CN¥8.25 Billion ≈ $1.21 Billion	CN¥447.25 Million ≈ $65.45 Million	0.054x	-24.45%
2018-12-31	CN¥8.08 Billion ≈ $1.18 Billion	CN¥579.91 Million ≈ $84.86 Million	0.072x	+10.84%
2017-12-31	CN¥7.78 Billion ≈ $1.14 Billion	CN¥503.47 Million ≈ $73.67 Million	0.065x	+34.62%
2016-12-31	CN¥6.99 Billion ≈ $1.02 Billion	CN¥336.14 Million ≈ $49.19 Million	0.048x	+198.51%
2015-12-31	CN¥6.62 Billion ≈ $968.00 Million	CN¥106.54 Million ≈ $15.59 Million	0.016x	-80.78%
2014-12-31	CN¥6.56 Billion ≈ $960.18 Million	CN¥549.90 Million ≈ $80.47 Million	0.084x	-17.10%
2013-12-31	CN¥6.48 Billion ≈ $948.29 Million	CN¥655.09 Million ≈ $95.86 Million	0.101x	-22.42%
2012-12-31	CN¥6.20 Billion ≈ $906.81 Million	CN¥807.49 Million ≈ $118.16 Million	0.130x	-37.18%
2011-12-31	CN¥4.40 Billion ≈ $643.92 Million	CN¥912.75 Million ≈ $133.56 Million	0.207x	-39.12%
2010-12-31	CN¥3.86 Billion ≈ $565.33 Million	CN¥1.32 Billion ≈ $192.62 Million	0.341x	-33.46%
2009-12-31	CN¥2.86 Billion ≈ $418.70 Million	CN¥1.47 Billion ≈ $214.39 Million	0.512x	-22.67%
2008-12-31	CN¥1.81 Billion ≈ $265.19 Million	CN¥1.20 Billion ≈ $175.59 Million	0.662x	+154.11%
2007-12-31	CN¥873.73 Million ≈ $127.85 Million	CN¥227.67 Million ≈ $33.32 Million	0.261x	+19.49%
2006-12-31	CN¥777.31 Million ≈ $113.74 Million	CN¥169.51 Million ≈ $24.80 Million	0.218x	+535.06%
2005-12-31	CN¥732.23 Million ≈ $107.15 Million	CN¥25.14 Million ≈ $3.68 Million	0.034x	-79.39%
2004-12-31	CN¥645.68 Million ≈ $94.48 Million	CN¥107.60 Million ≈ $15.75 Million	0.167x	+58.20%
2003-12-31	CN¥628.48 Million ≈ $91.97 Million	CN¥66.20 Million ≈ $9.69 Million	0.105x	+186.82%
2002-12-31	CN¥629.71 Million ≈ $92.15 Million	CN¥23.13 Million ≈ $3.38 Million	0.037x	-77.25%
2001-12-31	CN¥608.50 Million ≈ $89.04 Million	CN¥98.25 Million ≈ $14.38 Million	0.161x	+868.83%
2000-12-31	CN¥635.03 Million ≈ $92.92 Million	CN¥10.58 Million ≈ $1.55 Million	0.017x	+120.07%
1999-12-31	CN¥625.07 Million ≈ $91.47 Million	CN¥-51.90 Million ≈ $-7.60 Million	-0.083x	-150.15%
1998-12-31	CN¥348.61 Million ≈ $51.01 Million	CN¥57.72 Million ≈ $8.45 Million	0.166x	--

About Zhejiang Medicine Co Ltd

SHG:600216 China Drug Manufacturers - Specialty & Generic

Market Cap

$2.02 Billion

CN¥13.78 Billion CNY

Market Cap Rank

#6276 Global

#1392 in China

Share Price

CN¥14.33

Change (1 day)

-1.44%

52-Week Range

CN¥13.33 - CN¥18.38

All Time High

CN¥20.16