Zhejiang Xinneng Photovoltaic Technology Co Ltd (603105) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.082x

Based on the latest financial reports, Zhejiang Xinneng Photovoltaic Technology Co Ltd (603105) has a cash flow conversion efficiency ratio of 0.082x 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¥185.80 Million ≈ $27.19 Million USD) by net assets (CN¥2.28 Billion ≈ $333.06 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see how much is Zhejiang Xinneng Photovoltaic Technology worth for the company's overall valuation and market capitalisation.

Zhejiang Xinneng Photovoltaic Technology Co Ltd - Cash Flow Conversion Efficiency Trend (2013–2024)

This chart illustrates how Zhejiang Xinneng Photovoltaic Technology Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data.

Zhejiang Xinneng Photovoltaic Technology Co Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Zhejiang Xinneng Photovoltaic Technology Co Ltd ranked by their cash flow conversion efficiency. Explore Zhejiang Xinneng Photovoltaic Technology cash flow quality index to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
AMN Healthcare Services Inc NYSE:AMN	0.035x
Chengdu M&S Electronics Technology Co Ltd SHG:688311	-0.001x
Reservoir Media Inc NASDAQ:RSVR	-3.721x
Zhejiang Reclaim Construction Group Co Ltd SHE:002586	-0.028x
Greenlam Industries Limited NSE:GREENLAM	0.130x
Impact Growth REIT BK:IMPACT	0.021x
Dexus Convenience Retail REIT AU:DXC	0.029x
Guangdong Biolight Meditech Co Ltd SHE:300246	0.053x

Annual Cash Flow Conversion Efficiency for Zhejiang Xinneng Photovoltaic Technology Co Ltd (2013–2024)

The table below shows the annual cash flow conversion efficiency of Zhejiang Xinneng Photovoltaic Technology Co Ltd from 2013 to 2024. View latest Zhejiang Xinneng Photovoltaic Technology stock price today for real-time trading data and today's change.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CN¥2.19 Billion ≈ $320.45 Million	CN¥388.83 Million ≈ $56.90 Million	0.178x	+2.42%
2023-12-31	CN¥2.07 Billion ≈ $303.09 Million	CN¥359.06 Million ≈ $52.54 Million	0.173x	-46.58%
2022-12-31	CN¥1.77 Billion ≈ $258.31 Million	CN¥572.88 Million ≈ $83.83 Million	0.325x	+38.01%
2021-12-31	CN¥1.61 Billion ≈ $235.40 Million	CN¥378.29 Million ≈ $55.36 Million	0.235x	+40.71%
2020-12-31	CN¥1.53 Billion ≈ $224.22 Million	CN¥256.07 Million ≈ $37.47 Million	0.167x	+10.49%
2019-12-31	CN¥1.45 Billion ≈ $212.38 Million	CN¥219.52 Million ≈ $32.12 Million	0.151x	+283.93%
2018-12-31	CN¥1.46 Billion ≈ $213.54 Million	CN¥-120.00 Million ≈ $-17.56 Million	-0.082x	-145.16%
2017-12-31	CN¥1.02 Billion ≈ $149.11 Million	CN¥185.55 Million ≈ $27.15 Million	0.182x	+204.52%
2016-12-31	CN¥899.85 Million ≈ $131.68 Million	CN¥-156.76 Million ≈ $-22.94 Million	-0.174x	-163.71%
2015-12-31	CN¥446.26 Million ≈ $65.30 Million	CN¥122.02 Million ≈ $17.86 Million	0.273x	+111.03%
2014-12-31	CN¥-22.66 Million ≈ $-3.32 Million	CN¥56.16 Million ≈ $8.22 Million	-2.478x	-189.59%
2013-12-31	CN¥-30.36 Million ≈ $-4.44 Million	CN¥25.98 Million ≈ $3.80 Million	-0.856x	--

About Zhejiang Xinneng Photovoltaic Technology Co Ltd

SHG:603105 China Solar

Market Cap

$624.11 Million

CN¥4.27 Billion CNY

Market Cap Rank

#11271 Global

#3191 in China

Share Price

CN¥8.53

Change (1 day)

+4.28%

52-Week Range

CN¥6.49 - CN¥13.89

All Time High

CN¥26.02