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. Also see Zhejiang Noblelift Equip (603611) total market value for the company's overall valuation and market capitalisation.

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. Explore Zhejiang Noblelift Equip cash earnings quality to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
Lotte Chilsung Beverage KO:005300	0.059x
LG Balakrishnan & Bros Limited NSE:LGBBROSLTD	0.063x
TPI POLENE POWER BK:TPIPP-R	0.008x
Yunnan Yunwei Co Ltd Class A SHG:600725	-0.044x
Park Aerospace Corp NYSE:PKE	0.048x
3D Systems Corporation NYSE:DDD	-0.052x
Franklin BSP Realty Trust Inc NYSE:FBRT	-0.036x
Fujian Rongji Software Co Ltd SHE:002474	-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. View today's stock price for Zhejiang Noblelift Equip for real-time trading data and today's change.

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

$596.71 Million

CN¥4.08 Billion CNY

Market Cap Rank

#11499 Global

#3281 in China

Share Price

CN¥15.83

Change (1 day)

-0.50%

52-Week Range

CN¥15.75 - CN¥25.81

All Time High

CN¥28.94