Zhejiang Dingli Mach Co Ltd (603338) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.032x

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. See 603338 equity to assets ratio to measure how much of total assets are equity-financed.

Zhejiang Dingli Mach Co Ltd - Cash Flow Conversion Efficiency Trend (2011–2024)

This chart illustrates how Zhejiang Dingli Mach Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check 603338 cash flow quality index to evaluate the quality of earnings relative to operating cash generation.

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.

Company	Cash Flow Conversion Efficiency
RXO Inc. NYSE:RXO	-0.005x
ExlService Holdings Inc NASDAQ:EXLS	0.002x
Shanghai Wanye Enterprises Co Ltd SHG:600641	-0.078x
Companhia Energética de Minas Gerais F:CID	-0.059x
Societatea Nationala de Transport Gaze Naturale Transgaz SA RO:TGN	0.016x
Edenred SA PA:EDEN	0.129x
PEPCO GROUP N.V. EO-01 F:8UX	N/A
Aneka Tambang Persero Tbk JK:ANTM	0.062x

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. For the full company profile with market capitalisation and key ratios, see market cap of Zhejiang Dingli Mach Co Ltd.

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

SHG:603338 China Farm & Heavy Construction Machinery

Market Cap

$4.22 Billion

CN¥28.86 Billion CNY

Market Cap Rank

#3934 Global

#559 in China

Share Price

CN¥57.00

Change (1 day)

-1.89%

52-Week Range

CN¥42.50 - CN¥62.75

All Time High

CN¥560.87