China First Heavy Industries (601106) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.073x

Based on the latest financial reports, China First Heavy Industries (601106) has a cash flow conversion efficiency ratio of 0.073x 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¥490.58 Million ≈ $71.79 Million USD) by net assets (CN¥6.72 Billion ≈ $983.43 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See China First Heavy Industries balance sheet quality to measure how much of total assets are equity-financed.

China First Heavy Industries - Cash Flow Conversion Efficiency Trend (2008–2024)

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

China First Heavy Industries Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of China First Heavy Industries ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Towne Bank NASDAQ:TOWN	0.014x
Liechtensteinische Landesbank Aktiengesellschaft STU:LLS1	-0.061x
Callaway Golf Company NYSE:CALY	-0.080x
Adecco Group AG F:ADIA	0.140x
The Chefs Warehouse Inc NASDAQ:CHEF	0.063x
KENON HLDGS LTD F:76N	0.032x
WNS Holdings Ltd NYSE:WNS	0.037x
Becle S.A.B. de C.V MX:CUERVO	0.034x

Annual Cash Flow Conversion Efficiency for China First Heavy Industries (2008–2024)

The table below shows the annual cash flow conversion efficiency of China First Heavy Industries from 2008 to 2024. For the full company profile with market capitalisation and key ratios, see market value of China First Heavy Industries.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CN¥5.71 Billion ≈ $836.08 Million	CN¥473.22 Million ≈ $69.25 Million	0.083x	+428.12%
2023-12-31	CN¥9.14 Billion ≈ $1.34 Billion	CN¥143.39 Million ≈ $20.98 Million	0.016x	+114.73%
2022-12-31	CN¥11.87 Billion ≈ $1.74 Billion	CN¥-1.26 Billion ≈ $-184.80 Million	-0.106x	-280.08%
2021-12-31	CN¥11.54 Billion ≈ $1.69 Billion	CN¥682.17 Million ≈ $99.82 Million	0.059x	-3.67%
2020-12-31	CN¥11.25 Billion ≈ $1.65 Billion	CN¥690.49 Million ≈ $101.04 Million	0.061x	-64.30%
2019-12-31	CN¥11.16 Billion ≈ $1.63 Billion	CN¥1.92 Billion ≈ $280.70 Million	0.172x	+177.29%
2018-12-31	CN¥11.04 Billion ≈ $1.62 Billion	CN¥684.44 Million ≈ $100.15 Million	0.062x	-31.20%
2017-12-31	CN¥10.92 Billion ≈ $1.60 Billion	CN¥983.43 Million ≈ $143.91 Million	0.090x	+67.27%
2016-12-31	CN¥9.29 Billion ≈ $1.36 Billion	CN¥500.34 Million ≈ $73.22 Million	0.054x	+289.45%
2015-12-31	CN¥15.08 Billion ≈ $2.21 Billion	CN¥-428.87 Million ≈ $-62.76 Million	-0.028x	+78.98%
2014-12-31	CN¥16.97 Billion ≈ $2.48 Billion	CN¥-2.29 Billion ≈ $-335.75 Million	-0.135x	-254.17%
2013-12-31	CN¥16.92 Billion ≈ $2.48 Billion	CN¥1.48 Billion ≈ $217.25 Million	0.088x	+179.26%
2012-12-31	CN¥16.93 Billion ≈ $2.48 Billion	CN¥-1.87 Billion ≈ $-274.25 Million	-0.111x	-13.83%
2011-12-31	CN¥16.91 Billion ≈ $2.47 Billion	CN¥-1.64 Billion ≈ $-240.61 Million	-0.097x	+5.65%
2010-12-31	CN¥16.57 Billion ≈ $2.42 Billion	CN¥-1.71 Billion ≈ $-249.86 Million	-0.103x	+70.71%
2009-12-31	CN¥5.01 Billion ≈ $732.90 Million	CN¥-1.76 Billion ≈ $-257.84 Million	-0.352x	+23.09%
2008-12-31	CN¥2.49 Billion ≈ $364.89 Million	CN¥-1.14 Billion ≈ $-166.91 Million	-0.457x	--

About China First Heavy Industries

SHG:601106 China Specialty Industrial Machinery

Market Cap

$3.29 Billion

CN¥22.49 Billion CNY

Market Cap Rank

#4605 Global

#736 in China

Share Price

CN¥3.28

Change (1 day)

+6.15%

52-Week Range

CN¥2.79 - CN¥6.60

All Time High

CN¥11.00