CITIC Heavy Industries Co Ltd (601608) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.033x

Based on the latest financial reports, CITIC Heavy Industries Co Ltd (601608) has a cash flow conversion efficiency ratio of 0.033x 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¥315.55 Million ≈ $46.18 Million USD) by net assets (CN¥9.44 Billion ≈ $1.38 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 debt-free asset ratio of CITIC Heavy Industries Co Ltd to measure how much of total assets are equity-financed.

CITIC Heavy Industries Co Ltd - Cash Flow Conversion Efficiency Trend (2009–2024)

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

CITIC Heavy Industries Co Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of CITIC Heavy Industries Co Ltd ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Formosa Sumco Technology Corp TW:3532	0.028x
Daeduck Electronics Co Ltd KO:353200	0.061x
Jiangsu Pacific Quartz Co Ltd SHG:603688	-0.008x
Xenon Pharmaceuticals Inc NASDAQ:XENE	-0.140x
Hubei Zhenhua Chemical Co Ltd SHG:603067	0.013x
Huaxi Securities Co Ltd Class A SHE:002926	0.113x
JUMBO SA UNSP.ADR/1 O.N. F:5JB1	N/A
Heilongjiang Agriculture Co Ltd SHG:600598	-0.195x

Annual Cash Flow Conversion Efficiency for CITIC Heavy Industries Co Ltd (2009–2024)

The table below shows the annual cash flow conversion efficiency of CITIC Heavy Industries Co Ltd from 2009 to 2024. For the full company profile with market capitalisation and key ratios, see 601608 company net worth.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CN¥9.24 Billion ≈ $1.35 Billion	CN¥815.75 Million ≈ $119.37 Million	0.088x	-41.36%
2023-12-31	CN¥8.24 Billion ≈ $1.21 Billion	CN¥1.24 Billion ≈ $181.52 Million	0.151x	-2.66%
2022-12-31	CN¥7.84 Billion ≈ $1.15 Billion	CN¥1.21 Billion ≈ $177.53 Million	0.155x	+75.53%
2021-12-31	CN¥7.74 Billion ≈ $1.13 Billion	CN¥681.95 Million ≈ $99.79 Million	0.088x	+11.20%
2020-12-31	CN¥7.64 Billion ≈ $1.12 Billion	CN¥605.18 Million ≈ $88.56 Million	0.079x	+31.66%
2019-12-31	CN¥7.49 Billion ≈ $1.10 Billion	CN¥450.79 Million ≈ $65.97 Million	0.060x	-38.89%
2018-12-31	CN¥7.35 Billion ≈ $1.08 Billion	CN¥724.22 Million ≈ $105.98 Million	0.098x	+27.23%
2017-12-31	CN¥7.31 Billion ≈ $1.07 Billion	CN¥565.92 Million ≈ $82.81 Million	0.077x	+178.29%
2016-12-31	CN¥7.22 Billion ≈ $1.06 Billion	CN¥-713.72 Million ≈ $-104.44 Million	-0.099x	-1663.14%
2015-12-31	CN¥8.79 Billion ≈ $1.29 Billion	CN¥55.59 Million ≈ $8.13 Million	0.006x	+118.89%
2014-12-31	CN¥7.85 Billion ≈ $1.15 Billion	CN¥-262.98 Million ≈ $-38.48 Million	-0.033x	-676.76%
2013-12-31	CN¥7.86 Billion ≈ $1.15 Billion	CN¥45.62 Million ≈ $6.68 Million	0.006x	-94.74%
2012-12-31	CN¥7.51 Billion ≈ $1.10 Billion	CN¥827.94 Million ≈ $121.15 Million	0.110x	+169.48%
2011-12-31	CN¥3.52 Billion ≈ $514.87 Million	CN¥-558.56 Million ≈ $-81.74 Million	-0.159x	-166.44%
2010-12-31	CN¥2.73 Billion ≈ $399.93 Million	CN¥653.00 Million ≈ $95.55 Million	0.239x	-41.52%
2009-12-31	CN¥2.08 Billion ≈ $304.25 Million	CN¥849.52 Million ≈ $124.31 Million	0.409x	--

About CITIC Heavy Industries Co Ltd

SHG:601608 China Specialty Industrial Machinery

Market Cap

$3.24 Billion

CN¥22.12 Billion CNY

Market Cap Rank

#4637 Global

#746 in China

Share Price

CN¥4.83

Change (1 day)

+3.21%

52-Week Range

CN¥4.43 - CN¥8.23

All Time High

CN¥8.43