China First Heavy Industries Cash Flow Conversion Efficiency

Latest as of September 2025: 0.073x

China First Heavy Industries cash flow conversion efficiency. 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.

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

Cash flow conversion efficiency of China First Heavy Industries from 2008 to 2024. This chart illustrates how China First Heavy Industries's cash flow conversion efficiency has evolved over time, based on yearly financial data. View China First Heavy Industries stock price for real-time trading data and today's change.

China First Heavy Industries Cash Flow Conversion Ratio Explained

China First Heavy Industries cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.

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. Also see 601106 stock market capitalisation for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
Kenon Holdings TA:KEN	0.016x
Shenzhen Huaqiang Industry Co Ltd SHE:000062	-0.116x
Pingdingshan Tianan Coal Mining Co Ltd SHG:601666	-0.006x
Kiatnakin Phatra Bank Public Company Limited BK:KKP	0.000x
Columbia Sportswear Company NASDAQ:COLM	0.072x
Advance Auto Parts Inc NYSE:AAP	-0.009x
Koza Altin Isletmeleri AS IS:KOZAL	0.128x
GCL Energy Technology Co Ltd SHE:002015	0.107x

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. Review 601106 cash flow after capex ratio to assess how much free cash flow the company generates relative to operating cash flow.

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

$2.87 Billion

CN¥19.61 Billion CNY

Market Cap Rank

#4865 Global

#745 in China

Share Price

CN¥2.86

Change (1 day)

+1.06%

52-Week Range

CN¥2.78 - CN¥6.60

All Time High

CN¥11.00