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 603085 equity to assets ratio to measure how much of total assets are equity-financed.
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. Check cash flow quality index of Zhejiang Tiancheng Control Co to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
Jiangsu Liba Enterprise Joint-Stock Co Ltd
SHG:603519
|
0.051x |
|
BRASKEM PFD ADR/2 O.N.
F:BRD
|
0.055x |
|
Nantong Guosheng Intelligence Technology Group Co Ltd
SHG:688558
|
0.010x |
|
Santacruz Silver Mining Ltd. Common Shares
NASDAQ:SCZM
|
0.042x |
|
Tactile Systems Technology Inc
NASDAQ:TCMD
|
-0.002x |
|
Dexus Convenience Retail REIT
AU:DXC
|
0.029x |
|
Gansu Dayu Water saving Group
SHE:300021
|
-0.094x |
|
Suzhou Alton Electrical & Mechanical Industry Co. Ltd.
SHE:301187
|
-0.070x |
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 603085 stock market capitalisation.
| 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