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.

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. Read 603105 total liabilities for a breakdown of total debt and financial obligations.

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.

Company	Cash Flow Conversion Efficiency
Wesure Global Tech Ltd TA:WESR	-0.016x
ZENTIVA S.A. RO:SCD	0.012x
Kossan Rubber Industries Bhd KLSE:7153	0.021x
Jinxiandai Information Industry Co SHE:300830	0.012x
Zhejiang Hengwei Battery Co. Ltd. SHE:301222	N/A
Fuan Pharmaceutical Group Co SHE:300194	0.023x
Shenzhen Rapoo Technology SHE:002577	0.026x
Castle Biosciences Inc NASDAQ:CSTL	0.048x

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. For the full company profile with market capitalisation and key ratios, see Zhejiang Xinneng Photovoltaic Technology market capitalisation.

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

$722.89 Million

CN¥4.94 Billion CNY

Market Cap Rank

#10744 Global

#3157 in China

Share Price

CN¥9.88

Change (1 day)

+1.54%

52-Week Range

CN¥7.85 - CN¥13.89

All Time High

CN¥26.02