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. See Zhejiang Xinneng Photovoltaic Technology balance sheet quality to measure how much of total assets are equity-financed.

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. Check 603105 cash flow quality index to evaluate the quality of earnings relative to operating cash generation.

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
Matas A/S CO:MATAS	0.111x
Beijing Dinghan Tech Co SHE:300011	-0.015x
GEOPARK LTD. DL -001 F:G6O	0.223x
Nanfang Black Sesame Group Co Ltd SHE:000716	0.049x
Velesto Energy Bhd KLSE:5243	0.016x
Fineotex Chemical Limited NSE:FCL	0.021x
WINBO-Dongjian Automotive Technology Co. Ltd. SHE:300978	0.079x
Steel Strips Wheels Limited NSE:SSWL	0.058x

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 603105 market cap.

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

$526.07 Million

CN¥3.60 Billion CNY

Market Cap Rank

#11936 Global

#3414 in China

Share Price

CN¥7.19

Change (1 day)

-1.51%

52-Week Range

CN¥6.49 - CN¥13.89

All Time High

CN¥26.02