Jiangsu Hengxing New Material (603276) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Jiangsu Hengxing New Material (603276) has a cash flow conversion efficiency ratio of 0.013x 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¥21.92 Million ≈ $3.21 Million USD) by net assets (CN¥1.74 Billion ≈ $255.06 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 603276 equity to assets ratio to measure how much of total assets are equity-financed.
Jiangsu Hengxing New Material - Cash Flow Conversion Efficiency Trend (2017–2025)
This chart illustrates how Jiangsu Hengxing New Material's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check earnings quality score of Jiangsu Hengxing New Material to evaluate the quality of earnings relative to operating cash generation.
Jiangsu Hengxing New Material Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Jiangsu Hengxing New Material ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
IEI Integration Corp
TW:3022
|
0.073x |
|
Shanghai CEO Environmental Protection Technology Co Ltd
SHG:688335
|
0.013x |
|
The Anup Engineering Limited
NSE:ANUP
|
-0.098x |
|
Zhejiang Tengen Electrics Co Ltd
SHG:605066
|
N/A |
|
Armada Hflr Pr
NYSE:AHH
|
0.016x |
|
Vulcan Steel Ltd
AU:VSL
|
0.138x |
|
Zhejiang Xinneng Photovoltaic Technology Co Ltd
SHG:603105
|
0.082x |
|
S.C. CHIMCOMPLEX S.A.
RO:CRC
|
-0.008x |
Annual Cash Flow Conversion Efficiency for Jiangsu Hengxing New Material (2017–2025)
The table below shows the annual cash flow conversion efficiency of Jiangsu Hengxing New Material from 2017 to 2025. For the full company profile with market capitalisation and key ratios, see 603276 market cap.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | CN¥1.77 Billion ≈ $258.63 Million |
CN¥105.49 Million ≈ $15.44 Million |
0.060x | +185.83% |
| 2024-12-31 | CN¥1.74 Billion ≈ $254.36 Million |
CN¥36.30 Million ≈ $5.31 Million |
0.021x | +11.88% |
| 2023-12-31 | CN¥1.76 Billion ≈ $257.40 Million |
CN¥32.83 Million ≈ $4.80 Million |
0.019x | -92.27% |
| 2022-12-31 | CN¥773.55 Million ≈ $113.20 Million |
CN¥186.84 Million ≈ $27.34 Million |
0.242x | +545.34% |
| 2021-12-31 | CN¥679.87 Million ≈ $99.49 Million |
CN¥25.45 Million ≈ $3.72 Million |
0.037x | -74.49% |
| 2020-12-31 | CN¥596.33 Million ≈ $87.26 Million |
CN¥87.50 Million ≈ $12.80 Million |
0.147x | -42.08% |
| 2019-12-31 | CN¥486.70 Million ≈ $71.22 Million |
CN¥123.30 Million ≈ $18.04 Million |
0.253x | +23.79% |
| 2018-12-31 | CN¥422.67 Million ≈ $61.85 Million |
CN¥86.50 Million ≈ $12.66 Million |
0.205x | -22.69% |
| 2017-12-31 | CN¥212.21 Million ≈ $31.05 Million |
CN¥56.18 Million ≈ $8.22 Million |
0.265x | -- |
About Jiangsu Hengxing New Material
Jiangsu Hengxing New Material Technology Co.,Ltd. researches, develops, and manufactures chemicals worldwide. It offers organic ketones, acids, esters, alcohols, aldehydes, ethers and acid anhydrides, etc. The company was founded in 2006 and is headquartered in Jiangsu, China.