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.

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. Read CITIC Heavy Industries Co Ltd (601608) total liabilities for a breakdown of total debt and financial obligations.

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
Kenon Holdings NYSE:KEN	0.034x
Shapir Engineering Industry TA:SPEN	-0.053x
Corporación Moctezuma S.A.B. de C.V MX:CMOCTEZ	0.102x
Canadian Apartment Properties Real Estate Investment Trust TO:CAR-UN	0.020x
BGC Group Inc. NASDAQ:BGC	0.124x
Protector Forsikring ASA OL:PROT	-0.088x
Jiangsu Dingsheng New Material Joint-Stock Co Ltd SHG:603876	0.012x
Vietjet Aviation JSC VN:VJC	0.062x

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

$4.05 Billion

CN¥27.71 Billion CNY

Market Cap Rank

#4123 Global

#707 in China

Share Price

CN¥6.05

Change (1 day)

+1.85%

52-Week Range

CN¥4.15 - CN¥8.23

All Time High

CN¥8.43