Zhejiang Taihua New Material (603055) - Cash Flow Conversion Efficiency
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 ≈ $47.32 Million USD) by net assets (CN¥5.27 Billion ≈ $771.67 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 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. Read Zhejiang Taihua New Material total liabilities for a breakdown of total debt and financial obligations.
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 |
|---|---|
|
Rush Enterprises B Inc
NASDAQ:RUSHB
|
0.051x |
|
Deluxe Corporation
NYSE:DLX
|
0.150x |
|
Shanghai Xinpeng Industry Co Ltd
SHE:002328
|
0.059x |
|
Yueyang Forest & Paper Co Ltd
SHG:600963
|
0.003x |
|
Lucky Harvest
SHE:002965
|
0.010x |
|
Shanghai Jiao Yun Group Co Ltd
SHG:600676
|
0.026x |
|
Shenzhen Farben Information Technology Co.Ltd.
SHE:300925
|
N/A |
|
REDOX Ltd
AU:RDX
|
0.066x |
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. For the full company profile with market capitalisation and key ratios, see 603055 company net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥5.05 Billion ≈ $739.66 Million |
CN¥706.43 Million ≈ $103.37 Million |
0.140x | +104.99% |
| 2023-12-31 | CN¥4.45 Billion ≈ $651.22 Million |
CN¥303.41 Million ≈ $44.40 Million |
0.068x | -53.22% |
| 2022-12-31 | CN¥4.08 Billion ≈ $597.54 Million |
CN¥595.13 Million ≈ $87.09 Million |
0.146x | +52.79% |
| 2021-12-31 | CN¥3.71 Billion ≈ $542.67 Million |
CN¥353.73 Million ≈ $51.76 Million |
0.095x | -41.11% |
| 2020-12-31 | CN¥3.00 Billion ≈ $439.33 Million |
CN¥486.30 Million ≈ $71.16 Million |
0.162x | +26.21% |
| 2019-12-31 | CN¥2.65 Billion ≈ $388.48 Million |
CN¥340.72 Million ≈ $49.86 Million |
0.128x | +14.24% |
| 2018-12-31 | CN¥2.57 Billion ≈ $375.67 Million |
CN¥288.43 Million ≈ $42.21 Million |
0.112x | -44.87% |
| 2017-12-31 | CN¥2.28 Billion ≈ $334.04 Million |
CN¥465.20 Million ≈ $68.07 Million |
0.204x | -64.34% |
| 2016-12-31 | CN¥1.40 Billion ≈ $204.61 Million |
CN¥799.16 Million ≈ $116.94 Million |
0.572x | +43.64% |
| 2015-12-31 | CN¥1.19 Billion ≈ $173.74 Million |
CN¥472.43 Million ≈ $69.13 Million |
0.398x | +115.40% |
| 2014-12-31 | CN¥1.16 Billion ≈ $169.86 Million |
CN¥214.43 Million ≈ $31.38 Million |
0.185x | +72.48% |
| 2013-12-31 | CN¥1.08 Billion ≈ $158.15 Million |
CN¥115.75 Million ≈ $16.94 Million |
0.107x | -44.92% |
| 2012-12-31 | CN¥966.21 Million ≈ $141.39 Million |
CN¥187.88 Million ≈ $27.49 Million |
0.194x | -- |
About 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