Zhejiang Noblelift Equip (603611) - 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.
Zhejiang Noblelift Equip - Cash Flow Conversion Efficiency Trend (2011–2024)
This chart illustrates how Zhejiang Noblelift Equip's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read 603611 total liabilities for a breakdown of total debt and financial obligations.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
MeiraGTx Holdings PLC
NASDAQ:MGTX
|
-8.050x |
|
Resurs Holding AB
ST:RESURS
|
-0.106x |
|
Unionman Technology Co. Ltd. A
SHG:688609
|
0.316x |
|
SLR Investment Corp
NASDAQ:SLRC
|
-0.008x |
|
GHT Co Ltd Class A
SHE:300711
|
0.077x |
|
Zhuhai Zhongfu Enterprise Co Ltd
SHE:000659
|
0.672x |
|
KBC Corporation Ltd
SHG:688598
|
-0.006x |
|
Fox Factory Holding Corp
NASDAQ:FOXF
|
0.005x |
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. For the full company profile with market capitalisation and key ratios, see market cap of Zhejiang Noblelift Equip.
| 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
Noblelift Intelligent Equipment Co.,Ltd. engages in the intelligent manufacturing equipment and smart logistics system businesses in China and internationally. The company offers automated three-dimensional warehousing, automated conveying and sorting, unmanned handling robots and, and automated logistics software systems, as well as logistics system integration solutions, enabling customers to a… Read more