Zhejiang Noblelift Equip (603611) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.154x

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. See how many days can Zhejiang Noblelift Equip fund operations to measure how many days the company can operate on defensive assets alone.

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.

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
M31 Technology Corp TWO:6643	-0.017x
Shanghai Kinetic Medical Co SHE:300326	0.025x
Oculis Holding AG Ordinary shares NASDAQ:OCS	-0.081x
Hefei Fengle Seed Co Ltd SHE:000713	0.122x
Chang Jiang Shipping Group Phoenix Co Ltd SHE:000520	-0.009x
Henan Taloph Pharmaceutical Stock Co Ltd SHG:600222	0.014x
Guizhou Chitianhua Co Ltd SHG:600227	0.050x
SEC Electric Mach Co Ltd SHG:603988	0.015x

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

SHG:603611 China Farm & Heavy Construction Machinery

Market Cap

$650.24 Million

CN¥4.44 Billion CNY

Market Cap Rank

#11088 Global

#3138 in China

Share Price

CN¥17.25

Change (1 day)

+0.00%

52-Week Range

CN¥16.98 - CN¥28.94

All Time High

CN¥28.94