Zhejiang Tiancheng Control Co (603085) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Zhejiang Tiancheng Control Co (603085) has a cash flow conversion efficiency ratio of 0.112x 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¥99.69 Million ≈ $14.59 Million USD) by net assets (CN¥891.40 Million ≈ $130.44 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See defensive interval ratio of Zhejiang Tiancheng Control Co to measure how many days the company can operate on defensive assets alone.
Zhejiang Tiancheng Control Co - Cash Flow Conversion Efficiency Trend (2012–2024)
This chart illustrates how Zhejiang Tiancheng Control Co's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Zhejiang Tiancheng Control Co Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Zhejiang Tiancheng Control Co ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Greenfire Resources Ltd.
NYSE:GFR
|
0.001x |
|
Kinepolis Group NV
BR:KIN
|
0.345x |
|
Western Asset Diversified Income Fund
NYSE:WDI
|
0.014x |
|
Ethos Limited
NSE:ETHOSLTD
|
0.036x |
|
ZhuZhou QianJin Pharmaceutical Co Ltd
SHG:600479
|
0.084x |
|
Mega First Corporation Bhd
KLSE:3069
|
0.050x |
|
Ningbo Jianan Electronics Co Ltd
SHE:300880
|
0.076x |
|
Autoneum Holding AG
SW:AUTN
|
0.120x |
Annual Cash Flow Conversion Efficiency for Zhejiang Tiancheng Control Co (2012–2024)
The table below shows the annual cash flow conversion efficiency of Zhejiang Tiancheng Control Co from 2012 to 2024. For the full company profile with market capitalisation and key ratios, see market value of Zhejiang Tiancheng Control Co.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥859.91 Million ≈ $125.83 Million |
CN¥32.43 Million ≈ $4.75 Million |
0.038x | -33.55% |
| 2023-12-31 | CN¥882.09 Million ≈ $129.08 Million |
CN¥50.06 Million ≈ $7.33 Million |
0.057x | -42.11% |
| 2022-12-31 | CN¥912.90 Million ≈ $133.59 Million |
CN¥89.49 Million ≈ $13.10 Million |
0.098x | +16.32% |
| 2021-12-31 | CN¥1.04 Billion ≈ $151.79 Million |
CN¥87.42 Million ≈ $12.79 Million |
0.084x | +69.53% |
| 2020-12-31 | CN¥1.01 Billion ≈ $147.89 Million |
CN¥50.25 Million ≈ $7.35 Million |
0.050x | +47.37% |
| 2019-12-31 | CN¥476.73 Million ≈ $69.76 Million |
CN¥16.08 Million ≈ $2.35 Million |
0.034x | +153.72% |
| 2018-12-31 | CN¥996.08 Million ≈ $145.76 Million |
CN¥-62.55 Million ≈ $-9.15 Million |
-0.063x | +47.73% |
| 2017-12-31 | CN¥981.69 Million ≈ $143.65 Million |
CN¥-117.93 Million ≈ $-17.26 Million |
-0.120x | -381.90% |
| 2016-12-31 | CN¥922.51 Million ≈ $134.99 Million |
CN¥39.31 Million ≈ $5.75 Million |
0.043x | -23.37% |
| 2015-12-31 | CN¥402.83 Million ≈ $58.95 Million |
CN¥22.40 Million ≈ $3.28 Million |
0.056x | -65.83% |
| 2014-12-31 | CN¥218.95 Million ≈ $32.04 Million |
CN¥35.64 Million ≈ $5.22 Million |
0.163x | +17.07% |
| 2013-12-31 | CN¥186.70 Million ≈ $27.32 Million |
CN¥25.96 Million ≈ $3.80 Million |
0.139x | -25.10% |
| 2012-12-31 | CN¥162.58 Million ≈ $23.79 Million |
CN¥30.18 Million ≈ $4.42 Million |
0.186x | -- |
About Zhejiang Tiancheng Control Co
Zhejiang Tenchen Controls Co., Ltd., together with its subsidiaries, engages in the research, development, production, sale, and service of automobile seats in China, the United Kingdom, and internationally. The company offers construction machinery seats for excavators, shovel, industrial vehicles, off-highway mining, and agricultural machinery; commercial vehicle seats for heavy and light truck… Read more