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.

Zhejiang Red Dragonfly Footwear Co Ltd - Cash Flow Conversion Efficiency Trend (2011–2024)

This chart illustrates how Zhejiang Red Dragonfly Footwear Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read Zhejiang Red Dragonfly Footwear Co Ltd (603116) financial obligations for a breakdown of total debt and financial obligations.

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
Guangzhou Grandbuy Co Ltd SHE:002187	0.021x
Shanghai Yimin Commerce Group Co Ltd SHG:600824	0.008x
Shandong Keyuan Pharmaceutical Co. Ltd. A SHE:301281	N/A
Song Da Urban & Industrial Zone Investment and Development JSC VN:SJS	-0.124x
Zhejiang Jihua Group Co Ltd SHG:603980	0.012x
Hainan RuiZe New Building Material Co Ltd SHE:002596	-0.006x
Tainan Spinning Co Ltd TW:1440	0.019x
Shanghai Labway Clinical Laboratory Co Ltd SHE:301060	0.081x

Annual Cash Flow Conversion Efficiency for Zhejiang Red Dragonfly Footwear Co Ltd (2011–2024)

The table below shows the annual cash flow conversion efficiency of Zhejiang Red Dragonfly Footwear Co Ltd from 2011 to 2024. 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
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

$639.96 Million

CN¥4.37 Billion CNY

Market Cap Rank

#11373 Global

#3448 in China

Share Price

CN¥7.59

Change (1 day)

+3.83%

52-Week Range

CN¥5.23 - CN¥7.59

All Time High

CN¥20.17