Zhejiang Taihua New Material
Zhejiang Taihua New Material Group Co., Ltd. engages in research, development, spinning, weaving, dyeing, finishing, and selling of environmental protection and health, outdoor sports, special protection, and other fabrics in the People's Republic of China. The company offers cool, antibacterial, hygroscopic and sweat releasing, recycled environment-friendly, nylon mechanical stretch, air texture… Read more
Zhejiang Taihua New Material (603055) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: 0.061x
Based on the latest financial reports, Zhejiang Taihua New Material (603055) has a cash flow conversion efficiency ratio of 0.061x 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¥323.39 Million) by net assets (CN¥5.27 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Zhejiang Taihua New Material - Cash Flow Conversion Efficiency Trend (2012–2024)
This chart illustrates how Zhejiang Taihua New Material's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Zhejiang Taihua New Material Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Zhejiang Taihua New Material ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Jinhe Biotechnology Co Ltd
SHE:002688
|
0.088x |
|
Praj Industries Limited
NSE:PRAJIND
|
-0.003x |
|
Mativ Holdings Inc.
NYSE:MATV
|
0.039x |
|
Minda Corporation Limited
NSE:MINDACORP
|
0.126x |
|
Public Property Invest AS
OL:PUBLI
|
0.044x |
|
City Development Environment Co Ltd
SHE:000885
|
0.061x |
|
East China Engineering Science and Technology Co Ltd
SHE:002140
|
0.088x |
|
TINC Comm VA
BR:TINC
|
0.022x |
Annual Cash Flow Conversion Efficiency for Zhejiang Taihua New Material (2012–2024)
The table below shows the annual cash flow conversion efficiency of Zhejiang Taihua New Material from 2012 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥5.05 Billion | CN¥706.43 Million | 0.140x | +104.99% |
| 2023-12-31 | CN¥4.45 Billion | CN¥303.41 Million | 0.068x | -53.22% |
| 2022-12-31 | CN¥4.08 Billion | CN¥595.13 Million | 0.146x | +52.79% |
| 2021-12-31 | CN¥3.71 Billion | CN¥353.73 Million | 0.095x | -41.11% |
| 2020-12-31 | CN¥3.00 Billion | CN¥486.30 Million | 0.162x | +26.21% |
| 2019-12-31 | CN¥2.65 Billion | CN¥340.72 Million | 0.128x | +14.24% |
| 2018-12-31 | CN¥2.57 Billion | CN¥288.43 Million | 0.112x | -44.87% |
| 2017-12-31 | CN¥2.28 Billion | CN¥465.20 Million | 0.204x | -64.34% |
| 2016-12-31 | CN¥1.40 Billion | CN¥799.16 Million | 0.572x | +43.64% |
| 2015-12-31 | CN¥1.19 Billion | CN¥472.43 Million | 0.398x | +115.40% |
| 2014-12-31 | CN¥1.16 Billion | CN¥214.43 Million | 0.185x | +72.48% |
| 2013-12-31 | CN¥1.08 Billion | CN¥115.75 Million | 0.107x | -44.92% |
| 2012-12-31 | CN¥966.21 Million | CN¥187.88 Million | 0.194x | -- |