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 leveraged is Zhejiang Noblelift Equip's balance sheet to measure how much of total assets are equity-financed.

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. Check earnings quality score of Zhejiang Noblelift Equip to evaluate the quality of earnings relative to operating cash generation.

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
Jiangsu SINOJIT Wind Energy Technology Co Ltd SHG:601218	0.011x
Tianjin Keyvia Electric Co Ltd SHE:300407	0.053x
Garudafood Putra Putri Jaya Tbk PT JK:GOOD	0.109x
Shanghai Kinetic Medical Co SHE:300326	0.025x
Lindian Resources Ltd AU:LIN	-0.046x
Group Up Industrial Co Ltd TWO:6664	0.027x
Kossan Rubber Industries Bhd KLSE:7153	0.021x
Qinghai Jinrui Mineral Development Co Ltd SHG:600714	0.013x

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 value 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

$647.98 Million

CN¥4.43 Billion CNY

Market Cap Rank

#10927 Global

#3003 in China

Share Price

CN¥17.19

Change (1 day)

-0.41%

52-Week Range

CN¥15.91 - CN¥28.94

All Time High

CN¥28.94