Zhejiang Red Dragonfly Footwear Co Ltd (603116) - Cash Flow Conversion Efficiency

Latest as of September 2025: -0.006x

Based on the latest financial reports, Zhejiang Red Dragonfly Footwear Co Ltd (603116) has a cash flow conversion efficiency ratio of -0.006x 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¥-16.25 Million ≈ $-2.38 Million USD) by net assets (CN¥2.77 Billion ≈ $405.85 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 Red Dragonfly Footwear Co Ltd defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.

Zhejiang Red Dragonfly Footwear Co Ltd - Cash Flow Conversion Efficiency Trend (2011–2025)

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

Zhejiang Red Dragonfly Footwear Co Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Zhejiang Red Dragonfly Footwear Co Ltd ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Jiujiang Shanshui Technology Co.Ltd SHE:301190	-0.002x
Akva Group OL:AKVA	0.066x
Daewon Cable KO:006340	-0.036x
China Wuyi Co Ltd SHE:000797	0.014x
Hangzhou Prevail Optoelectronic Equipment Co Ltd SHE:300710	0.023x
Kambi Group PLC Series B LSE:0EAW	0.089x
Shandong Astro-century Education&Technology Co Ltd SHE:300654	0.023x
Shenzhen Longtech Smart Control Co. Ltd. SHE:300916	N/A

Annual Cash Flow Conversion Efficiency for Zhejiang Red Dragonfly Footwear Co Ltd (2011–2025)

The table below shows the annual cash flow conversion efficiency of Zhejiang Red Dragonfly Footwear Co Ltd from 2011 to 2025. For the full company profile with market capitalisation and key ratios, see 603116 company net worth.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	CN¥2.69 Billion ≈ $393.66 Million	CN¥246.31 Million ≈ $36.04 Million	0.092x	+229.15%
2024-12-31	CN¥2.98 Billion ≈ $436.31 Million	CN¥82.94 Million ≈ $12.14 Million	0.028x	-76.61%
2023-12-31	CN¥3.20 Billion ≈ $468.76 Million	CN¥380.93 Million ≈ $55.74 Million	0.119x	+255.71%
2022-12-31	CN¥3.32 Billion ≈ $486.51 Million	CN¥111.15 Million ≈ $16.26 Million	0.033x	+29.59%
2021-12-31	CN¥3.43 Billion ≈ $502.13 Million	CN¥88.52 Million ≈ $12.95 Million	0.026x	-65.44%
2020-12-31	CN¥3.53 Billion ≈ $517.06 Million	CN¥263.78 Million ≈ $38.60 Million	0.075x	+74.55%
2019-12-31	CN¥3.45 Billion ≈ $504.23 Million	CN¥147.37 Million ≈ $21.56 Million	0.043x	-28.30%
2018-12-31	CN¥3.54 Billion ≈ $517.82 Million	CN¥211.06 Million ≈ $30.88 Million	0.060x	+16.24%
2017-12-31	CN¥3.48 Billion ≈ $509.42 Million	CN¥178.63 Million ≈ $26.14 Million	0.051x	+51.42%
2016-12-31	CN¥3.20 Billion ≈ $468.07 Million	CN¥108.39 Million ≈ $15.86 Million	0.034x	-72.41%
2015-12-31	CN¥2.95 Billion ≈ $430.98 Million	CN¥361.69 Million ≈ $52.93 Million	0.123x	-66.21%
2014-12-31	CN¥1.67 Billion ≈ $244.57 Million	CN¥607.51 Million ≈ $88.90 Million	0.363x	+32.14%
2013-12-31	CN¥1.41 Billion ≈ $206.87 Million	CN¥388.88 Million ≈ $56.91 Million	0.275x	+234.27%
2012-12-31	CN¥1.16 Billion ≈ $169.17 Million	CN¥95.14 Million ≈ $13.92 Million	0.082x	-29.61%
2011-12-31	CN¥909.37 Million ≈ $133.07 Million	CN¥106.32 Million ≈ $15.56 Million	0.117x	--

About Zhejiang Red Dragonfly Footwear Co Ltd

SHG:603116 China Footwear & Accessories

Market Cap

$516.86 Million

CN¥3.53 Billion CNY

Market Cap Rank

#12077 Global

#3487 in China

Share Price

CN¥6.13

Change (1 day)

-4.22%

52-Week Range

CN¥5.23 - CN¥8.16

All Time High

CN¥20.17