Zhejiang Xinneng Photovoltaic Technology Co Ltd Cash Flow Conversion Efficiency

Latest as of September 2025: 0.082x

Zhejiang Xinneng Photovoltaic Technology Co Ltd cash flow conversion efficiency. 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.

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

Cash flow conversion efficiency of Zhejiang Xinneng Photovoltaic Technology Co Ltd from 2013 to 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. View current stock price of Zhejiang Xinneng Photovoltaic Technology for real-time trading data and today's change.

Zhejiang Xinneng Photovoltaic Technology Co Ltd Cash Flow Conversion Ratio Explained

Zhejiang Xinneng Photovoltaic Technology Co Ltd cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.

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. Also see Zhejiang Xinneng Photovoltaic Technology (603105) total market value for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
Ningbo Homelink Eco-iTech Co. Ltd. SHE:301193	-0.041x
Root Inc NASDAQ:ROOT	0.176x
Grupo KUO S.A.B. de C.V MX:KUOB	0.005x
DRI Healthcare Trust TO:DHT-U	0.053x
BRASKEM PFD ADR/2 O.N. F:BRD	0.055x
Sturm Ruger & Company Inc NYSE:RGR	0.051x
Amtran Technology Co Ltd TW:2489	-0.032x
Sun International Ltd JSE:SUI	0.315x

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. Review Zhejiang Xinneng Photovoltaic Technology (603105) free cash flow to assess how much free cash flow the company generates relative to operating cash flow.

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

$593.38 Million

CN¥4.06 Billion CNY

Market Cap Rank

#11025 Global

#3032 in China

Share Price

CN¥8.11

Change (1 day)

+1.37%

52-Week Range

CN¥6.49 - CN¥13.89

All Time High

CN¥26.02