ADD Industry Zhejiang Co Ltd (603089) - Cash Flow Conversion Efficiency
Based on the latest financial reports, ADD Industry Zhejiang Co Ltd (603089) has a cash flow conversion efficiency ratio of 0.012x 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¥20.90 Million ≈ $3.06 Million USD) by net assets (CN¥1.69 Billion ≈ $247.54 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 603089 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
ADD Industry Zhejiang Co Ltd - Cash Flow Conversion Efficiency Trend (2012–2024)
This chart illustrates how ADD Industry Zhejiang Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data.
ADD Industry Zhejiang Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of ADD Industry Zhejiang Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Australian Finance Group Ltd
AU:AFG
|
0.102x |
|
ZheJiang BangJie Digital Knitting Share Co Ltd
SHE:002634
|
-0.008x |
|
Shanxi C&Y Pharmaceutical Group Co Ltd
SHE:300254
|
0.103x |
|
Beijing Infosec Technologies Co. Ltd. A
SHG:688201
|
N/A |
|
Tyro Payments Ltd
AU:TYR
|
0.646x |
|
MPS Limited
NSE:MPSLTD
|
0.176x |
|
Maui Land & Pineapple Company Inc
NYSE:MLP
|
-0.028x |
|
Esso (Thailand) Public Company Limited
BK:BSRC
|
0.222x |
Annual Cash Flow Conversion Efficiency for ADD Industry Zhejiang Co Ltd (2012–2024)
The table below shows the annual cash flow conversion efficiency of ADD Industry Zhejiang Co Ltd from 2012 to 2024. For the full company profile with market capitalisation and key ratios, see 603089 company net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥1.40 Billion ≈ $205.58 Million |
CN¥125.92 Million ≈ $18.43 Million |
0.090x | -59.26% |
| 2023-12-31 | CN¥1.31 Billion ≈ $191.30 Million |
CN¥287.59 Million ≈ $42.08 Million |
0.220x | +12.33% |
| 2022-12-31 | CN¥1.25 Billion ≈ $183.43 Million |
CN¥245.49 Million ≈ $35.92 Million |
0.196x | +845.17% |
| 2021-12-31 | CN¥1.21 Billion ≈ $176.87 Million |
CN¥-31.77 Million ≈ $-4.65 Million |
-0.026x | -135.70% |
| 2020-12-31 | CN¥1.17 Billion ≈ $171.57 Million |
CN¥86.31 Million ≈ $12.63 Million |
0.074x | -45.57% |
| 2019-12-31 | CN¥966.92 Million ≈ $141.49 Million |
CN¥130.77 Million ≈ $19.14 Million |
0.135x | +30.10% |
| 2018-12-31 | CN¥896.22 Million ≈ $131.15 Million |
CN¥93.17 Million ≈ $13.63 Million |
0.104x | -27.49% |
| 2017-12-31 | CN¥710.70 Million ≈ $104.00 Million |
CN¥101.90 Million ≈ $14.91 Million |
0.143x | -16.15% |
| 2016-12-31 | CN¥405.47 Million ≈ $59.33 Million |
CN¥69.33 Million ≈ $10.15 Million |
0.171x | -33.43% |
| 2015-12-31 | CN¥353.27 Million ≈ $51.69 Million |
CN¥90.74 Million ≈ $13.28 Million |
0.257x | +8.93% |
| 2014-12-31 | CN¥322.09 Million ≈ $47.13 Million |
CN¥75.95 Million ≈ $11.11 Million |
0.236x | -32.21% |
| 2013-12-31 | CN¥293.57 Million ≈ $42.96 Million |
CN¥102.12 Million ≈ $14.94 Million |
0.348x | +32.35% |
| 2012-12-31 | CN¥261.83 Million ≈ $38.31 Million |
CN¥68.81 Million ≈ $10.07 Million |
0.263x | -- |
About ADD Industry Zhejiang Co Ltd
ADD Industry (Zhejiang) CO., LTD manufactures and sells shock absorbers for vehicle suspension systems in China and internationally. It offers twin-tube shock absorbers, strut cartridges, shock absorbers with spring seat, struts, airbag shock absorbers, strut assemblies, steering dampers, adjustable shock absorbers, and cabin dampers for passenger vehicles and commercial vehicles. The company als… Read more