ADD Industry Zhejiang Co Ltd (603089) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.012x

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 equity financing ratio to measure how much of total assets are equity-financed.

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. Check 603089 cash to earnings ratio to evaluate the quality of earnings relative to operating cash generation.

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
SPCG Public Company Limited BK:SPCG	0.013x
Oneconnect Financial Technology Co NYSE:OCFT	-0.008x
Glarner Kantonalbank SW:GLKBN	0.008x
Timberland Bancorp Inc NASDAQ:TSBK	0.023x
Modern Avenue Group Co Ltd SHE:002656	-0.380x
Polestar Automotive Holding UK PLC Class C-1 ADS (ADW) NASDAQ:PSNYW	0.049x
Fiverr International Ltd F:11V	0.053x
Shenzhen New Land Co Ltd SHE:300778	0.003x

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 ADD Industry Zhejiang Co Ltd market capitalisation.

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

SHG:603089 China Auto Parts

Market Cap

$307.69 Million

CN¥2.10 Billion CNY

Market Cap Rank

#14695 Global

#4365 in China

Share Price

CN¥8.76

Change (1 day)

+1.51%

52-Week Range

CN¥7.78 - CN¥17.35

All Time High

CN¥22.55