Tongwei Co Ltd (600438) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.086x

Based on the latest financial reports, Tongwei Co Ltd (600438) has a cash flow conversion efficiency ratio of 0.086x 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¥4.85 Billion ≈ $709.66 Million USD) by net assets (CN¥56.46 Billion ≈ $8.26 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Tongwei Co Ltd - Cash Flow Conversion Efficiency Trend (2002–2024)

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

Tongwei Co Ltd Competitors by Cash Flow Conversion Efficiency

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

Company	Cash Flow Conversion Efficiency
SGH Ltd AU:SGH	0.144x
Petronas Chemicals Group Bhd KLSE:5183	0.027x
Globe Life Inc NYSE:GL	0.054x
Hyundai Glovis KO:086280	0.021x
360 Security Technology Inc SHG:601360	-0.006x
Bosch Limited NSE:BOSCHLTD	0.071x
AtkinsRealis Group Inc TO:ATRL	0.022x
Indus Towers Limited NSE:INDUSTOWER	0.219x

Annual Cash Flow Conversion Efficiency for Tongwei Co Ltd (2002–2024)

The table below shows the annual cash flow conversion efficiency of Tongwei Co Ltd from 2002 to 2024. For the full company profile with market capitalisation and key ratios, see Tongwei Co Ltd (600438) total market value.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CN¥57.92 Billion ≈ $8.48 Billion	CN¥1.14 Billion ≈ $167.36 Million	0.020x	-95.25%
2023-12-31	CN¥73.83 Billion ≈ $10.80 Billion	CN¥30.68 Billion ≈ $4.49 Billion	0.416x	-30.54%
2022-12-31	CN¥73.25 Billion ≈ $10.72 Billion	CN¥43.82 Billion ≈ $6.41 Billion	0.598x	+227.11%
2021-12-31	CN¥41.66 Billion ≈ $6.10 Billion	CN¥7.62 Billion ≈ $1.11 Billion	0.183x	+90.71%
2020-12-31	CN¥31.54 Billion ≈ $4.62 Billion	CN¥3.02 Billion ≈ $442.64 Million	0.096x	-26.42%
2019-12-31	CN¥18.09 Billion ≈ $2.65 Billion	CN¥2.36 Billion ≈ $344.97 Million	0.130x	-35.98%
2018-12-31	CN¥15.23 Billion ≈ $2.23 Billion	CN¥3.10 Billion ≈ $453.57 Million	0.204x	-4.32%
2017-12-31	CN¥13.70 Billion ≈ $2.01 Billion	CN¥2.92 Billion ≈ $426.68 Million	0.213x	+3.26%
2016-12-31	CN¥11.80 Billion ≈ $1.73 Billion	CN¥2.43 Billion ≈ $355.82 Million	0.206x	-47.73%
2015-12-31	CN¥2.58 Billion ≈ $377.79 Million	CN¥1.02 Billion ≈ $148.93 Million	0.394x	+63.25%
2014-12-31	CN¥2.40 Billion ≈ $351.28 Million	CN¥579.70 Million ≈ $84.83 Million	0.241x	-33.11%
2013-12-31	CN¥2.29 Billion ≈ $335.01 Million	CN¥826.51 Million ≈ $120.94 Million	0.361x	+41.75%
2012-12-31	CN¥1.49 Billion ≈ $218.38 Million	CN¥380.10 Million ≈ $55.62 Million	0.255x	+20.30%
2011-12-31	CN¥1.44 Billion ≈ $211.40 Million	CN¥305.86 Million ≈ $44.76 Million	0.212x	+46.01%
2010-12-31	CN¥1.40 Billion ≈ $204.46 Million	CN¥202.60 Million ≈ $29.65 Million	0.145x	-11.25%
2009-12-31	CN¥1.62 Billion ≈ $236.96 Million	CN¥264.56 Million ≈ $38.71 Million	0.163x	-51.84%
2008-12-31	CN¥1.49 Billion ≈ $218.29 Million	CN¥506.07 Million ≈ $74.05 Million	0.339x	+34.85%
2007-12-31	CN¥1.16 Billion ≈ $170.12 Million	CN¥292.48 Million ≈ $42.80 Million	0.252x	+470.63%
2006-12-31	CN¥1.02 Billion ≈ $149.01 Million	CN¥44.89 Million ≈ $6.57 Million	0.044x	-80.49%
2005-12-31	CN¥743.39 Million ≈ $108.78 Million	CN¥168.02 Million ≈ $24.59 Million	0.226x	-39.43%
2004-12-31	CN¥659.70 Million ≈ $96.54 Million	CN¥246.16 Million ≈ $36.02 Million	0.373x	+311.23%
2003-12-31	CN¥287.90 Million ≈ $42.13 Million	CN¥-50.86 Million ≈ $-7.44 Million	-0.177x	-138.17%
2002-12-31	CN¥241.51 Million ≈ $35.34 Million	CN¥111.78 Million ≈ $16.36 Million	0.463x	--

About Tongwei Co Ltd

SHG:600438 China Solar

Market Cap

$11.44 Billion

CN¥78.20 Billion CNY

Market Cap Rank

#2014 Global

#226 in China

Share Price

CN¥17.37

Change (1 day)

+0.23%

52-Week Range

CN¥14.98 - CN¥27.16

All Time High

CN¥62.55