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.

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. Read total liabilities of Zhejiang Oceanking Development Co Ltd for a breakdown of total debt and financial obligations.

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
Zhejiang Changhua Auto Parts Co Ltd SHG:605018	0.048x
Huayi Compressor Co Ltd SHE:000404	0.033x
Minerals 260 Ltd AU:MI6	-0.038x
Lifecome Biochemistry Co Ltd SHE:002868	-0.127x
BEH Property Co Ltd SHG:600791	0.035x
Neo Performance Materials Inc TO:NEO	-0.009x
Better Collective ST:BETCO	0.030x
Tangrenshen Group Co Ltd SHE:002567	0.028x

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. 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
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

$881.51 Million

CN¥6.02 Billion CNY

Market Cap Rank

#9761 Global

#2745 in China

Share Price

CN¥13.63

Change (1 day)

-1.59%

52-Week Range

CN¥9.38 - CN¥15.29

All Time High

CN¥26.20