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. Review Zhejiang Red Dragonfly Footwear Co Ltd (603116) flexibility index to assess the company's free cash flow relative to its total liabilities.

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. Also see Zhejiang Red Dragonfly Footwear Co Ltd (603116) market capitalisation for the company's overall valuation and market capitalisation.

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
Wuxi Commercial Mansion Grand Orient Co Ltd SHG:600327	0.036x
Qingdao Greensum Ecology Co. Ltd. SHE:300948	N/A
Jiangsu Changqing Agrochemical Co Ltd SHE:002391	0.055x
Hubei Fuxing Science and Technology Co Ltd SHE:000926	-0.077x
Lanzhou Greatwall Electrical Co Ltd SHG:600192	-0.019x
Lucky Strike Entertainment Corporation NYSE:LUCK	-0.325x
CoinShares International Ltd ST:CS	-0.162x
Caregen Co.Ltd KQ:214370	0.019x

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. View 603116 share price today for real-time trading data and today's change.

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

$510.11 Million

CN¥3.49 Billion CNY

Market Cap Rank

#12174 Global

#3529 in China

Share Price

CN¥6.05

Change (1 day)

-1.31%

52-Week Range

CN¥4.91 - CN¥8.16

All Time High

CN¥20.17