Zhejiang Tiantai Xianghe Industrial Co Ltd (603500) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Zhejiang Tiantai Xianghe Industrial Co Ltd (603500) has a cash flow conversion efficiency ratio of 0.009x 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¥9.15 Million ≈ $1.34 Million USD) by net assets (CN¥1.06 Billion ≈ $155.19 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 Tiantai Xianghe Industrial Co Ltd - Cash Flow Conversion Efficiency Trend (2013–2024)
This chart illustrates how Zhejiang Tiantai Xianghe Industrial Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read 603500 liabilities breakdown for a breakdown of total debt and financial obligations.
Zhejiang Tiantai Xianghe Industrial Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Zhejiang Tiantai Xianghe Industrial Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Guangdong Huiyun Titanium Industry
SHE:300891
|
-0.002x |
|
Jilin Jinguan Electric Co Ltd Class A
SHE:300510
|
0.030x |
|
KOSES Co.Ltd
KQ:089890
|
0.044x |
|
Hubei Fuxing Science and Technology Co Ltd
SHE:000926
|
-0.049x |
|
Kearny Financial Corp
NASDAQ:KRNY
|
0.019x |
|
CoinShares International Ltd
ST:CS
|
-0.162x |
|
Geron Co Ltd
SHE:002722
|
-0.019x |
|
Shandong Lipeng Co Ltd
SHE:002374
|
0.021x |
Annual Cash Flow Conversion Efficiency for Zhejiang Tiantai Xianghe Industrial Co Ltd (2013–2024)
The table below shows the annual cash flow conversion efficiency of Zhejiang Tiantai Xianghe Industrial Co Ltd from 2013 to 2024. For the full company profile with market capitalisation and key ratios, see Zhejiang Tiantai Xianghe Industrial Co L (603500) total market value.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥1.03 Billion ≈ $150.52 Million |
CN¥80.29 Million ≈ $11.75 Million |
0.078x | +29.35% |
| 2023-12-31 | CN¥996.14 Million ≈ $145.77 Million |
CN¥60.11 Million ≈ $8.80 Million |
0.060x | +18.27% |
| 2022-12-31 | CN¥939.69 Million ≈ $137.51 Million |
CN¥47.95 Million ≈ $7.02 Million |
0.051x | +22.62% |
| 2021-12-31 | CN¥897.31 Million ≈ $131.30 Million |
CN¥37.34 Million ≈ $5.46 Million |
0.042x | -64.87% |
| 2020-12-31 | CN¥853.60 Million ≈ $124.91 Million |
CN¥101.10 Million ≈ $14.79 Million |
0.118x | +167.04% |
| 2019-12-31 | CN¥895.83 Million ≈ $131.09 Million |
CN¥39.73 Million ≈ $5.81 Million |
0.044x | -68.48% |
| 2018-12-31 | CN¥842.60 Million ≈ $123.30 Million |
CN¥118.57 Million ≈ $17.35 Million |
0.141x | +239.24% |
| 2017-12-31 | CN¥785.43 Million ≈ $114.93 Million |
CN¥32.58 Million ≈ $4.77 Million |
0.041x | -80.44% |
| 2016-12-31 | CN¥361.09 Million ≈ $52.84 Million |
CN¥76.56 Million ≈ $11.20 Million |
0.212x | +475.84% |
| 2015-12-31 | CN¥291.96 Million ≈ $42.72 Million |
CN¥10.75 Million ≈ $1.57 Million |
0.037x | -84.53% |
| 2014-12-31 | CN¥207.14 Million ≈ $30.31 Million |
CN¥49.29 Million ≈ $7.21 Million |
0.238x | -31.46% |
| 2013-12-31 | CN¥174.23 Million ≈ $25.50 Million |
CN¥60.49 Million ≈ $8.85 Million |
0.347x | -- |
About Zhejiang Tiantai Xianghe Industrial Co Ltd
Zhejiang Tiantai Xianghe Industrial Co.,Ltd., together with its subsidiaries, engages in the research, development, production, and sale of railway track fasteners, electronic components and accessories, and polymer modified materials in China and internationally. The company offers rubber sealing plugs for aluminum electrolytic capacitors, terminal (horn) capacitor covers, bases for surface moun… Read more