Zhejiang Noblelift Equip Cash Flow Conversion Efficiency

Latest as of September 2025: 0.154x

Zhejiang Noblelift Equip cash flow conversion efficiency. Based on the latest financial reports, Zhejiang Noblelift Equip (603611) has a cash flow conversion efficiency ratio of 0.154x 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¥487.74 Million ≈ $71.37 Million USD) by net assets (CN¥3.17 Billion ≈ $464.43 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Cash Flow Conversion Efficiency of Zhejiang Noblelift Equip (2011–2024)

Cash flow conversion efficiency of Zhejiang Noblelift Equip from 2011 to 2024. This chart illustrates how Zhejiang Noblelift Equip's cash flow conversion efficiency has evolved over time, based on yearly financial data. View 603611 live share price for real-time trading data and today's change.

Zhejiang Noblelift Equip Cash Flow Conversion Ratio Explained

Zhejiang Noblelift Equip cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.

Zhejiang Noblelift Equip Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Zhejiang Noblelift Equip ranked by their cash flow conversion efficiency. Also see 603611 market cap for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
Koppers Holdings Inc NYSE:KOP	0.084x
Great Lakes Dredge & Dock NASDAQ:GLDD	0.098x
Jdd Tech New Mat Co Ltd SHE:301538	0.036x
Immix Biopharma Inc NASDAQ:IMMX	-0.051x
Zhejiang Meili High Technology Co Ltd SHE:300611	0.062x
Saha Pathanapibul Public Company Limited BK:SPC	0.008x
AEVEX Corp. NYSE:AVEX	-0.033x
Inghams Group Ltd AU:ING	0.444x

Annual Cash Flow Conversion Efficiency for Zhejiang Noblelift Equip (2011–2024)

The table below shows the annual cash flow conversion efficiency of Zhejiang Noblelift Equip from 2011 to 2024. Review Zhejiang Noblelift Equip (603611) FCF generation index to assess how much free cash flow the company generates relative to operating cash flow.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CN¥2.98 Billion ≈ $435.61 Million	CN¥765.60 Million ≈ $112.03 Million	0.257x	+506.57%
2023-12-31	CN¥2.69 Billion ≈ $393.56 Million	CN¥114.03 Million ≈ $16.69 Million	0.042x	-80.68%
2022-12-31	CN¥2.37 Billion ≈ $346.66 Million	CN¥519.82 Million ≈ $76.07 Million	0.219x	+98.91%
2021-12-31	CN¥2.10 Billion ≈ $307.52 Million	CN¥231.83 Million ≈ $33.92 Million	0.110x	-21.03%
2020-12-31	CN¥1.91 Billion ≈ $279.40 Million	CN¥266.71 Million ≈ $39.03 Million	0.140x	-38.96%
2019-12-31	CN¥1.62 Billion ≈ $237.49 Million	CN¥371.40 Million ≈ $54.35 Million	0.229x	+37.22%
2018-12-31	CN¥1.77 Billion ≈ $258.32 Million	CN¥294.40 Million ≈ $43.08 Million	0.167x	+275.21%
2017-12-31	CN¥1.62 Billion ≈ $237.35 Million	CN¥72.09 Million ≈ $10.55 Million	0.044x	-59.51%
2016-12-31	CN¥1.32 Billion ≈ $193.08 Million	CN¥144.82 Million ≈ $21.19 Million	0.110x	-34.65%
2015-12-31	CN¥871.99 Million ≈ $127.60 Million	CN¥146.47 Million ≈ $21.43 Million	0.168x	-46.79%
2014-12-31	CN¥483.41 Million ≈ $70.74 Million	CN¥152.60 Million ≈ $22.33 Million	0.316x	+121.77%
2013-12-31	CN¥426.36 Million ≈ $62.39 Million	CN¥60.69 Million ≈ $8.88 Million	0.142x	-51.42%
2012-12-31	CN¥360.61 Million ≈ $52.77 Million	CN¥105.67 Million ≈ $15.46 Million	0.293x	-26.51%
2011-12-31	CN¥289.70 Million ≈ $42.39 Million	CN¥115.53 Million ≈ $16.91 Million	0.399x	--

About Zhejiang Noblelift Equip

SHG:603611 China Farm & Heavy Construction Machinery

Market Cap

$576.36 Million

CN¥3.94 Billion CNY

Market Cap Rank

#11182 Global

#3095 in China

Share Price

CN¥15.29

Change (1 day)

-1.16%

52-Week Range

CN¥14.95 - CN¥25.15

All Time High

CN¥28.94