Zhejiang Oceanking Development Co Ltd (603213) - Cash Flow Conversion Efficiency

Latest 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 ≈ $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. See Zhejiang Oceanking Development Co Ltd defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.

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.

Company	Cash Flow Conversion Efficiency
Shanghai Hugong Elec(Group) SHG:603131	0.000x
Jiangsu Changbao Steeltube Co Ltd SHE:002478	0.031x
Double Bond Chemical Ind Co Ltd TW:4764	0.030x
Akasha Wira International Tbk JK:ADES	0.056x
Dezhan HealthCare Co Ltd SHE:000813	0.000x
LIVZON PHARMAC. GRP H YC1 F:LP6	N/A
Shenzhen Feima International Supply Chain Co Ltd SHE:002210	0.042x
Sonaecom SGPS LS:SNC	-0.002x

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. For the full company profile with market capitalisation and key ratios, see 603213 stock market capitalisation.

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

SHG:603213 China Chemicals

Market Cap

$911.91 Million

CN¥6.23 Billion CNY

Market Cap Rank

#9465 Global

#2470 in China

Share Price

CN¥14.10

Change (1 day)

-0.70%

52-Week Range

CN¥10.86 - CN¥15.29

All Time High

CN¥26.20