Zhejiang Oceanking Development Co Ltd
Zhejiang Oceanking Development Co., Ltd. engages in the research, development, production, and sale of chlor-alkali-related products. It offers PVC, caustic soda, liquid chlorine, chlorinated paraffin, sodium hypochlorite, epichlorohydrin (ECH), high purity hydrogen, polyvinyl chloride, and high purity hydrochloric acid, as well as methyl isobutyl ketone and other products. The company was incorp… Read more
Zhejiang Oceanking Development Co Ltd (603213) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: 0.067x
Based on the latest financial reports, Zhejiang Oceanking Development Co Ltd (603213) has a cash flow conversion efficiency ratio of 0.067x 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¥129.35 Million) by net assets (CN¥1.94 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Zhejiang Oceanking Development Co Ltd - Cash Flow Conversion Efficiency Trend (2017–2024)
This chart illustrates how Zhejiang Oceanking Development Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Zhejiang Oceanking Development Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Zhejiang Oceanking Development Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Xinjiang Haoyuan Natural Gas Co Ltd
SHE:002700
|
0.027x |
|
Forte Biosciences Inc
NASDAQ:FBRX
|
-0.166x |
|
SUZUKI
MU:SKI
|
N/A |
|
Bhakti Multi Artha Pt
JK:BHAT
|
-0.003x |
|
ADCNF
OTCGREY:ADCNF
|
N/A |
|
Chunbo Co. Ltd
KQ:278280
|
0.015x |
|
Capital Futures Corp
TW:6024
|
0.114x |
|
Shandong Weigao Orthopaedic Device Co. Ltd. A
SHG:688161
|
N/A |
Annual Cash Flow Conversion Efficiency for Zhejiang Oceanking Development Co Ltd (2017–2024)
The table below shows the annual cash flow conversion efficiency of Zhejiang Oceanking Development Co Ltd from 2017 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥1.93 Billion | CN¥-19.02 Million | -0.010x | -137.11% |
| 2023-12-31 | CN¥1.78 Billion | CN¥47.27 Million | 0.027x | -91.34% |
| 2022-12-31 | CN¥1.72 Billion | CN¥526.91 Million | 0.306x | +276.05% |
| 2021-12-31 | CN¥1.59 Billion | CN¥129.56 Million | 0.081x | +2.78% |
| 2020-12-31 | CN¥802.50 Million | CN¥63.62 Million | 0.079x | -42.01% |
| 2019-12-31 | CN¥685.28 Million | CN¥93.68 Million | 0.137x | -81.47% |
| 2018-12-31 | CN¥300.12 Million | CN¥221.36 Million | 0.738x | +3.18% |
| 2017-12-31 | CN¥277.00 Million | CN¥198.02 Million | 0.715x | -- |