Zhejiang Wansheng Co Ltd (603010) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Zhejiang Wansheng Co Ltd (603010) has a cash flow conversion efficiency ratio of 0.036x as of June 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¥150.31 Million ≈ $22.00 Million USD) by net assets (CN¥4.13 Billion ≈ $604.83 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Zhejiang Wansheng Co Ltd - Cash Flow Conversion Efficiency Trend (2011–2024)
This chart illustrates how Zhejiang Wansheng Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read how much debt does Zhejiang Wansheng Co Ltd carry for a breakdown of total debt and financial obligations.
Zhejiang Wansheng Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Zhejiang Wansheng Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
China Animal Husbandry Industry Co Ltd
SHG:600195
|
0.041x |
|
Shanghai AJ Group Co Ltd
SHG:600643
|
-0.002x |
|
Taihan Fiber Optics Co. Ltd
KQ:010170
|
-0.006x |
|
Juewei Food Co Ltd
SHG:603517
|
0.019x |
|
CWB Automotive Electronics Co Ltd
SHG:605005
|
0.057x |
|
Railtel Corporation Of India Limited
NSE:RAILTEL
|
0.038x |
|
PROS Holdings Inc
NYSE:PRO
|
-0.149x |
|
Vedant Fashions Limited
NSE:MANYAVAR
|
0.040x |
Annual Cash Flow Conversion Efficiency for Zhejiang Wansheng Co Ltd (2011–2024)
The table below shows the annual cash flow conversion efficiency of Zhejiang Wansheng Co Ltd from 2011 to 2024. For the full company profile with market capitalisation and key ratios, see 603010 market cap.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥3.91 Billion ≈ $572.34 Million |
CN¥378.40 Million ≈ $55.37 Million |
0.097x | -35.62% |
| 2023-12-31 | CN¥4.17 Billion ≈ $610.46 Million |
CN¥626.91 Million ≈ $91.74 Million |
0.150x | +19.62% |
| 2022-12-31 | CN¥4.02 Billion ≈ $588.85 Million |
CN¥505.53 Million ≈ $73.97 Million |
0.126x | -64.64% |
| 2021-12-31 | CN¥2.37 Billion ≈ $346.49 Million |
CN¥841.22 Million ≈ $123.10 Million |
0.355x | +42.38% |
| 2020-12-31 | CN¥1.61 Billion ≈ $236.03 Million |
CN¥402.47 Million ≈ $58.89 Million |
0.250x | +49.04% |
| 2019-12-31 | CN¥1.22 Billion ≈ $178.22 Million |
CN¥203.89 Million ≈ $29.84 Million |
0.167x | +155.60% |
| 2018-12-31 | CN¥1.14 Billion ≈ $166.09 Million |
CN¥74.34 Million ≈ $10.88 Million |
0.065x | -44.84% |
| 2017-12-31 | CN¥1.10 Billion ≈ $160.94 Million |
CN¥130.59 Million ≈ $19.11 Million |
0.119x | -6.68% |
| 2016-12-31 | CN¥1.05 Billion ≈ $154.20 Million |
CN¥134.08 Million ≈ $19.62 Million |
0.127x | -3.58% |
| 2015-12-31 | CN¥930.06 Million ≈ $136.10 Million |
CN¥122.73 Million ≈ $17.96 Million |
0.132x | +44.74% |
| 2014-12-31 | CN¥511.63 Million ≈ $74.87 Million |
CN¥46.65 Million ≈ $6.83 Million |
0.091x | -53.49% |
| 2013-12-31 | CN¥256.35 Million ≈ $37.51 Million |
CN¥50.25 Million ≈ $7.35 Million |
0.196x | -7.99% |
| 2012-12-31 | CN¥228.22 Million ≈ $33.40 Million |
CN¥48.62 Million ≈ $7.11 Million |
0.213x | -52.47% |
| 2011-12-31 | CN¥173.94 Million ≈ $25.45 Million |
CN¥77.97 Million ≈ $11.41 Million |
0.448x | -- |
About Zhejiang Wansheng Co Ltd
Zhejiang Wansheng Co., Ltd. produces and sells organic phosphorus-based flame retardants, special amines, and cardanol based curing agents and diluents in China. The company offers coating BU products, which include solvent-free, solvent-based, and light color Phenalkamine curing agents, as well as active and non-active epoxy diluents; amine BU products comprising special amines, Pyrrolidones, fa… Read more