Hangzhou Zongheng Commun (603602) - Cash Flow Conversion Efficiency

Latest as of September 2025: -0.104x

Based on the latest financial reports, Hangzhou Zongheng Commun (603602) has a cash flow conversion efficiency ratio of -0.104x 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¥-112.14 Million ≈ $-16.41 Million USD) by net assets (CN¥1.08 Billion ≈ $158.06 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 Hangzhou Zongheng Commun balance sheet independence to measure how much of total assets are equity-financed.

Hangzhou Zongheng Commun - Cash Flow Conversion Efficiency Trend (2011–2025)

This chart illustrates how Hangzhou Zongheng Commun's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Hangzhou Zongheng Commun earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.

Hangzhou Zongheng Commun Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Hangzhou Zongheng Commun ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Hangzhou Innover Technology Co Ltd SHE:002767	0.040x
Invesco Advantage MIT II NYSE MKT:VKI	0.022x
Hanwha Corp Preferred KO:00088K	0.032x
Paysafe Ltd NYSE:PSFE	0.114x
Shanghai Information2 Software Inc. A SHG:688435	N/A
Bankwell Financial Group Inc NASDAQ:BWFG	0.034x
Nanjing Inform Storage Equip SHG:603066	-0.012x
Guangshen Railway Company Limited F:GRCH	0.026x

Annual Cash Flow Conversion Efficiency for Hangzhou Zongheng Commun (2011–2025)

The table below shows the annual cash flow conversion efficiency of Hangzhou Zongheng Commun from 2011 to 2025. For the full company profile with market capitalisation and key ratios, see market cap of Hangzhou Zongheng Commun.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	CN¥904.58 Million ≈ $132.37 Million	CN¥-68.69 Million ≈ $-10.05 Million	-0.076x	+70.53%
2024-12-31	CN¥1.05 Billion ≈ $154.33 Million	CN¥-271.83 Million ≈ $-39.78 Million	-0.258x	-378.67%
2023-12-31	CN¥801.51 Million ≈ $117.29 Million	CN¥74.13 Million ≈ $10.85 Million	0.092x	-46.56%
2022-12-31	CN¥750.09 Million ≈ $109.76 Million	CN¥129.82 Million ≈ $19.00 Million	0.173x	-21.04%
2021-12-31	CN¥735.14 Million ≈ $107.57 Million	CN¥161.13 Million ≈ $23.58 Million	0.219x	+260.46%
2020-12-31	CN¥727.53 Million ≈ $106.46 Million	CN¥44.24 Million ≈ $6.47 Million	0.061x	+167.50%
2019-12-31	CN¥710.54 Million ≈ $103.98 Million	CN¥-64.00 Million ≈ $-9.37 Million	-0.090x	-259.34%
2018-12-31	CN¥681.90 Million ≈ $99.78 Million	CN¥-17.09 Million ≈ $-2.50 Million	-0.025x	-149.77%
2017-12-31	CN¥649.82 Million ≈ $95.09 Million	CN¥32.73 Million ≈ $4.79 Million	0.050x	-86.14%
2016-12-31	CN¥324.16 Million ≈ $47.43 Million	CN¥117.79 Million ≈ $17.24 Million	0.363x	+14.27%
2015-12-31	CN¥277.74 Million ≈ $40.64 Million	CN¥88.32 Million ≈ $12.92 Million	0.318x	+139.61%
2014-12-31	CN¥278.39 Million ≈ $40.74 Million	CN¥36.95 Million ≈ $5.41 Million	0.133x	+311.25%
2013-12-31	CN¥230.22 Million ≈ $33.69 Million	CN¥7.43 Million ≈ $1.09 Million	0.032x	-79.22%
2012-12-31	CN¥183.88 Million ≈ $26.91 Million	CN¥28.56 Million ≈ $4.18 Million	0.155x	+5.92%
2011-12-31	CN¥148.85 Million ≈ $21.78 Million	CN¥21.83 Million ≈ $3.19 Million	0.147x	--

About Hangzhou Zongheng Commun

SHG:603602 China Telecom Services

Market Cap

$388.49 Million

CN¥2.65 Billion CNY

Market Cap Rank

#13577 Global

#4034 in China

Share Price

CN¥11.49

Change (1 day)

+3.98%

52-Week Range

CN¥9.61 - CN¥17.33

All Time High

CN¥177.87