Zhejiang Dingli Mach Co Ltd Cash Flow Conversion Efficiency
Zhejiang Dingli Mach Co Ltd cash flow conversion efficiency. Based on the latest financial reports, Zhejiang Dingli Mach Co Ltd (603338) has a cash flow conversion efficiency ratio of 0.032x 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¥358.27 Million ≈ $52.43 Million USD) by net assets (CN¥11.12 Billion ≈ $1.63 Billion 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 market value of Zhejiang Dingli Mach Co Ltd for the company's overall valuation and market capitalisation.
Cash Flow Conversion Efficiency of Zhejiang Dingli Mach Co Ltd (2011–2024)
Cash flow conversion efficiency of Zhejiang Dingli Mach Co Ltd from 2011 to 2024. This chart illustrates how Zhejiang Dingli Mach Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. View latest Zhejiang Dingli Mach Co Ltd stock price today for real-time trading data and today's change.
Zhejiang Dingli Mach Co Ltd Cash Flow Conversion Ratio Explained
Zhejiang Dingli Mach 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 Dingli Mach Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Zhejiang Dingli Mach Co Ltd ranked by their cash flow conversion efficiency. Review how much free cash does Zhejiang Dingli Mach Co Ltd generate to assess how much free cash flow the company generates relative to operating cash flow.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
HLA GROUP CORP LTD
SHG:600398
|
0.126x |
|
PT Alamtri Resources Indonesia Tbk
JK:ADRO
|
0.051x |
|
Inter Cars S.A.
WAR:CAR
|
-0.008x |
|
Rail Vikas Nigam Limited
NSE:RVNL
|
-0.128x |
|
JCDECAUX SE ADR 1/2/O.N.
F:DCS0
|
N/A |
|
St Joe Company
NYSE:JOE
|
0.112x |
|
AZZ Incorporated
NYSE:AZZ
|
0.027x |
|
GEM Co Ltd
SHE:002340
|
0.031x |
Annual Cash Flow Conversion Efficiency for Zhejiang Dingli Mach Co Ltd (2011–2024)
The table below shows the annual cash flow conversion efficiency of Zhejiang Dingli Mach Co Ltd from 2011 to 2024. Also see Zhejiang Dingli Mach Co Ltd (603338) total assets for a full breakdown of the balance sheet.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥10.04 Billion ≈ $1.47 Billion |
CN¥1.92 Billion ≈ $280.45 Million |
0.191x | -23.15% |
| 2023-12-31 | CN¥8.97 Billion ≈ $1.31 Billion |
CN¥2.23 Billion ≈ $325.94 Million |
0.248x | +87.39% |
| 2022-12-31 | CN¥7.07 Billion ≈ $1.03 Billion |
CN¥936.70 Million ≈ $137.07 Million |
0.133x | +112.11% |
| 2021-12-31 | CN¥5.98 Billion ≈ $874.79 Million |
CN¥373.66 Million ≈ $54.68 Million |
0.063x | -73.76% |
| 2020-12-31 | CN¥3.74 Billion ≈ $547.89 Million |
CN¥891.76 Million ≈ $130.49 Million |
0.238x | +9.74% |
| 2019-12-31 | CN¥3.21 Billion ≈ $469.36 Million |
CN¥696.16 Million ≈ $101.87 Million |
0.217x | +35.82% |
| 2018-12-31 | CN¥2.60 Billion ≈ $380.66 Million |
CN¥415.71 Million ≈ $60.83 Million |
0.160x | +0.94% |
| 2017-12-31 | CN¥2.20 Billion ≈ $322.30 Million |
CN¥348.71 Million ≈ $51.03 Million |
0.158x | +20.77% |
| 2016-12-31 | CN¥1.09 Billion ≈ $158.89 Million |
CN¥142.34 Million ≈ $20.83 Million |
0.131x | +7.65% |
| 2015-12-31 | CN¥922.66 Million ≈ $135.01 Million |
CN¥112.36 Million ≈ $16.44 Million |
0.122x | -48.60% |
| 2014-12-31 | CN¥364.28 Million ≈ $53.31 Million |
CN¥86.31 Million ≈ $12.63 Million |
0.237x | -9.87% |
| 2013-12-31 | CN¥278.43 Million ≈ $40.74 Million |
CN¥73.19 Million ≈ $10.71 Million |
0.263x | -17.17% |
| 2012-12-31 | CN¥198.61 Million ≈ $29.06 Million |
CN¥63.03 Million ≈ $9.22 Million |
0.317x | -27.83% |
| 2011-12-31 | CN¥141.56 Million ≈ $20.71 Million |
CN¥62.25 Million ≈ $9.11 Million |
0.440x | -- |
About Zhejiang Dingli Mach Co Ltd
Zhejiang Dingli Machinery Co.,Ltd engages in the manufacture of aerial work platforms in China and internationally. The company offers electric, diesel, and hybrid model boom lifts; scissor lifts; mast aerial work platform; and differentiated product series. The company's products are used in industrial, commercial, construction, engineering, building decoration and maintenance, warehousing and l… Read more