PetroChina Co Ltd Class A (601857) - Cash Flow Conversion Efficiency
Based on the latest financial reports, PetroChina Co Ltd Class A (601857) has a cash flow conversion efficiency ratio of 0.075x as of September 2023. 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¥119.29 Billion ≈ $17.46 Billion USD) by net assets (CN¥1.60 Trillion ≈ $233.76 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 PetroChina Co Ltd Class A balance sheet quality to measure how much of total assets are equity-financed.
PetroChina Co Ltd Class A - Cash Flow Conversion Efficiency Trend (2014–2024)
This chart illustrates how PetroChina Co Ltd Class A's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check 601857 cash flow quality score to evaluate the quality of earnings relative to operating cash generation.
PetroChina Co Ltd Class A Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of PetroChina Co Ltd Class A ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
RTX Corporation
NYSE:RTX
|
0.027x |
|
China Construction Bank Corporation
F:C6T
|
0.158x |
|
Roche Holding AG
SW:ROP
|
0.296x |
|
Wells Fargo & Company
NYSE:WFC
|
0.051x |
|
Westpac Banking Corporation
AU:WBCPI
|
-0.064x |
|
Shell PLC ADR
NYSE:SHEL
|
0.031x |
|
Goldman Sachs Group Inc
NYSE:GS
|
-0.130x |
|
CHINA CON.BANK ADR/20 YC1
F:C6TB
|
0.158x |
Annual Cash Flow Conversion Efficiency for PetroChina Co Ltd Class A (2014–2024)
The table below shows the annual cash flow conversion efficiency of PetroChina Co Ltd Class A from 2014 to 2024. For the full company profile with market capitalisation and key ratios, see PetroChina Co Ltd Class A (601857) market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥1.71 Trillion ≈ $250.21 Billion |
CN¥406.53 Billion ≈ $59.49 Billion |
0.238x | -15.09% |
| 2023-12-31 | CN¥1.63 Trillion ≈ $238.61 Billion |
CN¥456.60 Billion ≈ $66.81 Billion |
0.280x | +9.36% |
| 2022-12-31 | CN¥1.54 Trillion ≈ $225.04 Billion |
CN¥393.77 Billion ≈ $57.62 Billion |
0.256x | +5.64% |
| 2021-12-31 | CN¥1.41 Trillion ≈ $206.16 Billion |
CN¥341.47 Billion ≈ $49.97 Billion |
0.242x | +3.97% |
| 2020-12-31 | CN¥1.37 Trillion ≈ $199.98 Billion |
CN¥318.57 Billion ≈ $46.62 Billion |
0.233x | -6.38% |
| 2019-12-31 | CN¥1.44 Trillion ≈ $211.35 Billion |
CN¥359.61 Billion ≈ $52.62 Billion |
0.249x | -0.57% |
| 2018-12-31 | CN¥1.41 Trillion ≈ $206.42 Billion |
CN¥353.26 Billion ≈ $51.69 Billion |
0.250x | -5.66% |
| 2017-12-31 | CN¥1.38 Trillion ≈ $202.13 Billion |
CN¥366.65 Billion ≈ $53.65 Billion |
0.265x | +37.41% |
| 2016-12-31 | CN¥1.37 Trillion ≈ $200.87 Billion |
CN¥265.18 Billion ≈ $38.80 Billion |
0.193x | -0.64% |
| 2015-12-31 | CN¥1.34 Trillion ≈ $196.67 Billion |
CN¥261.31 Billion ≈ $38.24 Billion |
0.194x | -28.13% |
| 2014-12-31 | CN¥212.41 Billion ≈ $31.08 Billion |
CN¥57.46 Billion ≈ $8.41 Billion |
0.271x | -- |
About PetroChina Co Ltd Class A
PetroChina Company Limited, together with its subsidiaries, engages in a range of petroleum related products, services, and activities in Mainland China and internationally. It operates through the Oil and Gas and New Energy, Refining Chemicals and New Materials, Sales, and Natural Gas Sales Segments. The Oil, Gas and New Energy Resource segment engages in the exploration, development, transporta… Read more