Zhejiang Weiming Environment Protection Co Ltd (603568) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Zhejiang Weiming Environment Protection Co Ltd (603568) has a cash flow conversion efficiency ratio of 0.059x 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¥975.49 Million ≈ $142.75 Million USD) by net assets (CN¥16.51 Billion ≈ $2.42 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 net asset quality index of Zhejiang Weiming Environment Protection to measure how much of total assets are equity-financed.
Zhejiang Weiming Environment Protection Co Ltd - Cash Flow Conversion Efficiency Trend (2012–2024)
This chart illustrates how Zhejiang Weiming Environment Protection Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Zhejiang Weiming Environment Protection cash earnings quality to evaluate the quality of earnings relative to operating cash generation.
Zhejiang Weiming Environment Protection Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Zhejiang Weiming Environment Protection Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Energix Renewable Energies Ltd
TA:ENRG
|
0.002x |
|
Ollie's Bargain Outlet Hldg
NASDAQ:OLLI
|
0.024x |
|
Loomis AB ser. B
ST:LOOMIS
|
0.098x |
|
Changzhou Xingyu Automotive Lighting Systems Co Ltd
SHG:601799
|
0.059x |
|
WesBanco, Inc.
NASDAQ:WSBC
|
0.026x |
|
Kontoor Brands Inc
NYSE:KTB
|
0.121x |
|
Red Rock Resorts Inc
NASDAQ:RRR
|
0.565x |
|
Yuhan Corp.
KO:000100
|
0.003x |
Annual Cash Flow Conversion Efficiency for Zhejiang Weiming Environment Protection Co Ltd (2012–2024)
The table below shows the annual cash flow conversion efficiency of Zhejiang Weiming Environment Protection Co Ltd from 2012 to 2024. For the full company profile with market capitalisation and key ratios, see Zhejiang Weiming Environment Protection market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥15.02 Billion ≈ $2.20 Billion |
CN¥2.43 Billion ≈ $355.64 Million |
0.162x | -12.87% |
| 2023-12-31 | CN¥12.53 Billion ≈ $1.83 Billion |
CN¥2.33 Billion ≈ $340.57 Million |
0.186x | -10.72% |
| 2022-12-31 | CN¥10.54 Billion ≈ $1.54 Billion |
CN¥2.19 Billion ≈ $320.88 Million |
0.208x | +42.65% |
| 2021-12-31 | CN¥8.19 Billion ≈ $1.20 Billion |
CN¥1.19 Billion ≈ $174.71 Million |
0.146x | -15.07% |
| 2020-12-31 | CN¥5.55 Billion ≈ $811.95 Million |
CN¥952.47 Million ≈ $139.38 Million |
0.172x | -16.25% |
| 2019-12-31 | CN¥4.23 Billion ≈ $619.59 Million |
CN¥867.87 Million ≈ $127.00 Million |
0.205x | -14.98% |
| 2018-12-31 | CN¥3.09 Billion ≈ $451.55 Million |
CN¥743.93 Million ≈ $108.86 Million |
0.241x | -16.10% |
| 2017-12-31 | CN¥2.31 Billion ≈ $338.42 Million |
CN¥664.50 Million ≈ $97.24 Million |
0.287x | +28.77% |
| 2016-12-31 | CN¥1.92 Billion ≈ $280.66 Million |
CN¥427.97 Million ≈ $62.63 Million |
0.223x | -18.05% |
| 2015-12-31 | CN¥1.68 Billion ≈ $245.86 Million |
CN¥457.47 Million ≈ $66.94 Million |
0.272x | -33.60% |
| 2014-12-31 | CN¥978.13 Million ≈ $143.13 Million |
CN¥401.06 Million ≈ $58.69 Million |
0.410x | -16.63% |
| 2013-12-31 | CN¥786.12 Million ≈ $115.03 Million |
CN¥386.64 Million ≈ $56.58 Million |
0.492x | +50.38% |
| 2012-12-31 | CN¥666.15 Million ≈ $97.48 Million |
CN¥217.87 Million ≈ $31.88 Million |
0.327x | -- |
About Zhejiang Weiming Environment Protection Co Ltd
Zhejiang Weiming Environment Protection Co., Ltd. engages in the investment, manufacture, construction, and operation of environment protection equipment in China and internationally. It offers household and kitchen waste treatment, urban domestic waste incineration power generation, sewage treatment, forestry and agricultural waste treatment, water and sludge treatment, hazardous wastes treatmen… Read more