Zhejiang Oceanking Development Co Ltd Cash Flow Conversion Efficiency
Zhejiang Oceanking Development Co Ltd cash flow conversion efficiency. 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 ≈ $18.93 Million USD) by net assets (CN¥1.94 Billion ≈ $283.25 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 Oceanking Development Co Ltd (2017–2025)
Cash flow conversion efficiency of Zhejiang Oceanking Development Co Ltd from 2017 to 2025. This chart illustrates how Zhejiang Oceanking Development Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. View latest Zhejiang Oceanking Development Co Ltd stock price today for real-time trading data and today's change.
Zhejiang Oceanking Development Co Ltd Cash Flow Conversion Ratio Explained
Zhejiang Oceanking Development 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 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. Also see 603213 stock market capitalisation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Zhejiang JW Precision Machinery Co.Ltd
SHE:300984
|
0.004x |
|
Guotai Epoint Software Co Ltd
SHG:688232
|
0.017x |
|
Oppenheimer Holdings Inc
NYSE:OPY
|
0.069x |
|
Jiangsu Longda Superalloy Co. Ltd. A
SHG:688231
|
N/A |
|
Anadolu Hayat Emeklilik AS
IS:ANHYT
|
0.087x |
|
Changjiang & Jinggong Steel Building Group Co Ltd
SHG:600496
|
0.037x |
|
Embracer Group AB Series B
LSE:0GFE
|
0.075x |
|
Generation Development Group Ltd
AU:GDG
|
0.037x |
Annual Cash Flow Conversion Efficiency for Zhejiang Oceanking Development Co Ltd (2017–2025)
The table below shows the annual cash flow conversion efficiency of Zhejiang Oceanking Development Co Ltd from 2017 to 2025. Review cash generation quality of Zhejiang Oceanking Development Co Ltd 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 |
|---|---|---|---|---|
| 2025-12-31 | CN¥1.95 Billion ≈ $284.65 Million |
CN¥320.20 Million ≈ $46.86 Million |
0.165x | +1771.70% |
| 2024-12-31 | CN¥1.93 Billion ≈ $282.63 Million |
CN¥-19.02 Million ≈ $-2.78 Million |
-0.010x | -137.11% |
| 2023-12-31 | CN¥1.78 Billion ≈ $260.67 Million |
CN¥47.27 Million ≈ $6.92 Million |
0.027x | -91.34% |
| 2022-12-31 | CN¥1.72 Billion ≈ $251.64 Million |
CN¥526.91 Million ≈ $77.10 Million |
0.306x | +276.05% |
| 2021-12-31 | CN¥1.59 Billion ≈ $232.69 Million |
CN¥129.56 Million ≈ $18.96 Million |
0.081x | +2.78% |
| 2020-12-31 | CN¥802.50 Million ≈ $117.43 Million |
CN¥63.62 Million ≈ $9.31 Million |
0.079x | -42.01% |
| 2019-12-31 | CN¥685.28 Million ≈ $100.28 Million |
CN¥93.68 Million ≈ $13.71 Million |
0.137x | -81.47% |
| 2018-12-31 | CN¥300.12 Million ≈ $43.92 Million |
CN¥221.36 Million ≈ $32.39 Million |
0.738x | +3.18% |
| 2017-12-31 | CN¥277.00 Million ≈ $40.53 Million |
CN¥198.02 Million ≈ $28.98 Million |
0.715x | -- |
About 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