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. Also see market cap of China First Heavy Industries for the company's overall valuation and market capitalisation.

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.

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. Explore 601106 operating cash flow to net income to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
Bank of Guiyang Co Ltd SHG:601997	0.065x
Abcellera Biologics Inc NASDAQ:ABCL	-0.038x
Delek Logistics Partners LP NYSE:DKL	-1.028x
Wilh Wilhelmsen Holding ASA A OL:WWI	-0.001x
TGS NOPEC Geophysical Company ASA OL:TGS	0.079x
Bandhan Bank Limited NSE:BANDHANBNK	-0.330x
Caida Securities Co Ltd SHG:600906	-0.139x
Dyne Therapeutics Inc NASDAQ:DYN	-0.168x

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. View China First Heavy Industries stock quote for real-time trading data and today's change.

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

$2.99 Billion

CN¥20.44 Billion CNY

Market Cap Rank

#4950 Global

#839 in China

Share Price

CN¥2.98

Change (1 day)

-1.97%

52-Week Range

CN¥2.79 - CN¥6.60

All Time High

CN¥11.00