Zhejiang Oceanking Development Co Ltd (603213) - 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. Also see how much is Zhejiang Oceanking Development Co Ltd worth for the company's overall valuation and market capitalisation.
Zhejiang Oceanking Development Co Ltd - Cash Flow Conversion Efficiency Trend (2017–2025)
This chart illustrates how Zhejiang Oceanking Development Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data.
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. Explore 603213 operating cash flow to net income to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Nanjing Red Sun Co Ltd
SHE:000525
|
0.021x |
|
Corticeira Amorim
LS:COR
|
0.036x |
|
Everlight Electronics Co Ltd
TW:2393
|
0.007x |
|
Beijing SL Pharmaceutical Co Ltd
SHE:002038
|
0.013x |
|
First Mining Gold Corp
TO:FF
|
-0.007x |
|
Bioventus Inc
NASDAQ:BVS
|
0.072x |
|
Koppers Holdings Inc
NYSE:KOP
|
0.084x |
|
Guangzhou Dongfang Hotel Co Ltd
SHE:000524
|
0.017x |
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. View current stock price of Zhejiang Oceanking Development Co Ltd for real-time trading data and today's change.
| 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