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. See 600438 net asset quality index to measure how much of total assets are equity-financed.

Tongwei Co Ltd - Cash Flow Conversion Efficiency Trend (2002–2025)

This chart illustrates how Tongwei Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check 600438 cash flow quality index to evaluate the quality of earnings relative to operating cash generation.

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
StandardAero, Inc. NYSE:SARO	-0.044x
AU Small Finance Bank Limited NSE:AUBANK	-0.380x
G Mining Ventures Corp. TO:GMIN	0.069x
Frontline Ltd OL:FRO	0.113x
The Ensign Group Inc NASDAQ:ENSG	0.042x
The Lottery Corporation Ltd AU:TLC	0.647x
BUNZL PLC ADR/ LS-3214857 F:BUZ	N/A
GameStop Corp. NYSE:GME	0.036x

Annual Cash Flow Conversion Efficiency for Tongwei Co Ltd (2002–2025)

The table below shows the annual cash flow conversion efficiency of Tongwei Co Ltd from 2002 to 2025. For the full company profile with market capitalisation and key ratios, see Tongwei Co Ltd market cap and net worth.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	CN¥51.39 Billion ≈ $7.52 Billion	CN¥1.38 Billion ≈ $201.82 Million	0.027x	+35.91%
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

$8.62 Billion

CN¥58.89 Billion CNY

Market Cap Rank

#2504 Global

#292 in China

Share Price

CN¥13.08

Change (1 day)

+6.26%

52-Week Range

CN¥10.48 - CN¥27.16

All Time High

CN¥62.55