Zhejiang Tony Electronic Co Ltd (603595) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Zhejiang Tony Electronic Co Ltd (603595) has a cash flow conversion efficiency ratio of 0.050x 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¥85.25 Million ≈ $12.47 Million USD) by net assets (CN¥1.70 Billion ≈ $248.97 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 how many days can Zhejiang Tony Electronic Co Ltd fund operations to measure how many days the company can operate on defensive assets alone.
Zhejiang Tony Electronic Co Ltd - Cash Flow Conversion Efficiency Trend (2013–2024)
This chart illustrates how Zhejiang Tony Electronic Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Zhejiang Tony Electronic Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Zhejiang Tony Electronic Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Eve Holding Inc
NYSE:EVEX
|
-0.293x |
|
Japfa Comfeed Indonesia Tbk
JK:JPFA
|
0.005x |
|
Guoguang Electric Co Ltd Chengdu
SHG:688776
|
-0.019x |
|
China Reform Health Management and Services Group Co Ltd
SHE:000503
|
-0.066x |
|
CECEP Techand Ecology&Environment Co Ltd
SHE:300197
|
-0.018x |
|
Burke & Herbert Financial Services Corp. Common Stock
NASDAQ:BHRB
|
0.046x |
|
Hengsheng Energy Co Ltd
SHG:605580
|
0.052x |
|
MORIMATSU INT.H.C. (HK)
F:1S5
|
N/A |
Annual Cash Flow Conversion Efficiency for Zhejiang Tony Electronic Co Ltd (2013–2024)
The table below shows the annual cash flow conversion efficiency of Zhejiang Tony Electronic Co Ltd from 2013 to 2024. For the full company profile with market capitalisation and key ratios, see 603595 market cap overview.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥1.75 Billion ≈ $256.29 Million |
CN¥887.45 Million ≈ $129.86 Million |
0.507x | +367.06% |
| 2023-12-31 | CN¥1.79 Billion ≈ $261.88 Million |
CN¥-339.54 Million ≈ $-49.69 Million |
-0.190x | -129.34% |
| 2022-12-31 | CN¥2.01 Billion ≈ $294.39 Million |
CN¥-166.44 Million ≈ $-24.35 Million |
-0.083x | -574.73% |
| 2021-12-31 | CN¥1.60 Billion ≈ $233.99 Million |
CN¥27.87 Million ≈ $4.08 Million |
0.017x | -81.63% |
| 2020-12-31 | CN¥1.11 Billion ≈ $162.26 Million |
CN¥105.18 Million ≈ $15.39 Million |
0.095x | +292.71% |
| 2019-12-31 | CN¥1.06 Billion ≈ $155.24 Million |
CN¥25.62 Million ≈ $3.75 Million |
0.024x | -88.90% |
| 2018-12-31 | CN¥880.00 Million ≈ $128.77 Million |
CN¥191.46 Million ≈ $28.02 Million |
0.218x | +623.90% |
| 2017-12-31 | CN¥729.31 Million ≈ $106.72 Million |
CN¥-30.29 Million ≈ $-4.43 Million |
-0.042x | -130.83% |
| 2016-12-31 | CN¥251.80 Million ≈ $36.85 Million |
CN¥33.92 Million ≈ $4.96 Million |
0.135x | -49.93% |
| 2015-12-31 | CN¥188.36 Million ≈ $27.56 Million |
CN¥50.69 Million ≈ $7.42 Million |
0.269x | -30.76% |
| 2014-12-31 | CN¥101.77 Million ≈ $14.89 Million |
CN¥39.55 Million ≈ $5.79 Million |
0.389x | +360.40% |
| 2013-12-31 | CN¥59.11 Million ≈ $8.65 Million |
CN¥-8.82 Million ≈ $-1.29 Million |
-0.149x | -- |
About Zhejiang Tony Electronic Co Ltd
Zhejiang Tony Electronic Co., Ltd engages in the research, development, production, and sale of ultra-fine alloy wires and metal matrix composite materials worldwide. The company offers consumer electronics, including magnetic materials, conductors, enameled wires, and copper coils; new energy vehicles, such as FPC circuit board and CCS products, tab lead and AI-plastic films, cables, and cable h… Read more