CITIC Heavy Industries Co Ltd Cash Flow Conversion Efficiency

Latest as of September 2025: 0.033x

CITIC Heavy Industries Co Ltd cash flow conversion efficiency. 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.

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

Cash flow conversion efficiency of CITIC Heavy Industries Co Ltd from 2009 to 2024. This chart illustrates how CITIC Heavy Industries Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. View 601608 stock price for real-time trading data and today's change.

CITIC Heavy Industries Co Ltd Cash Flow Conversion Ratio Explained

CITIC Heavy Industries Co Ltd 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.

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. Also see 601608 company net worth for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
Constellium SE F:3OK	0.128x
California Water Service Group NYSE:CWT	0.035x
Gerdau S.A SA:GGBR3	0.028x
Red Rock Resorts Inc NASDAQ:RRR	0.541x
Enea S.A. WAR:ENA	0.071x
Vista Energy S.A.B. de C.V. BA:VIST	0.280x
Sinoma International Engineering Co Ltd SHG:600970	0.096x
FIT Hon Teng Limited F:0FJ	0.040x

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. Review CITIC Heavy Industries Co Ltd (601608) FCF generation index 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¥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

$3.04 Billion

CN¥20.75 Billion CNY

Market Cap Rank

#4720 Global

#715 in China

Share Price

CN¥4.53

Change (1 day)

+1.80%

52-Week Range

CN¥4.38 - CN¥8.23

All Time High

CN¥8.43