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.

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. Read how much debt does China First Heavy Industries carry for a breakdown of total debt and financial obligations.

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
Qingdao TGOOD Electric Co Ltd SHE:300001	0.115x
Zhejiang Lante Optics Co Ltd SHG:688127	0.115x
Tauron Polska Energia S.A. WAR:TPE	0.065x
Everdisplay Optronics Shanghai Co Ltd SHG:688538	0.015x
AAC Technologies Holdings Inc F:A2XN	0.043x
Companhia de Saneamento Básico do Estado de São Paulo - SABESP SA:SBSP3	0.074x
Guangdong Shenling Environmental Systems Co. Ltd. SHE:301018	0.040x
Amicus Therapeutics Inc NASDAQ:FOLD	0.059x

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 cap 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

$4.56 Billion

CN¥31.13 Billion CNY

Market Cap Rank

#3810 Global

#616 in China

Share Price

CN¥4.54

Change (1 day)

+9.93%

52-Week Range

CN¥2.64 - CN¥6.60

All Time High

CN¥11.00