Zhejiang Great Shengda Packaging Co Ltd (603687) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Zhejiang Great Shengda Packaging Co Ltd (603687) has a cash flow conversion efficiency ratio of 0.034x 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¥116.74 Million ≈ $17.08 Million USD) by net assets (CN¥3.47 Billion ≈ $508.23 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 603687 net asset quality index to measure how much of total assets are equity-financed.
Zhejiang Great Shengda Packaging Co Ltd - Cash Flow Conversion Efficiency Trend (2014–2024)
This chart illustrates how Zhejiang Great Shengda Packaging Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check earnings quality score of Zhejiang Great Shengda Packaging Co Ltd to evaluate the quality of earnings relative to operating cash generation.
Zhejiang Great Shengda Packaging Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Zhejiang Great Shengda Packaging Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Kuangda Technology Group Co Ltd
SHE:002516
|
0.058x |
|
MIPS AB
ST:MIPS
|
0.093x |
|
Shin Zu Shing Co Ltd
TW:3376
|
0.012x |
|
WEBTOON Entertainment Inc. Common stock
NASDAQ:WBTN
|
0.006x |
|
No Va Land Investment Group Corp
VN:NVL
|
-0.007x |
|
Corbion NV
AS:CRBN
|
0.155x |
|
Avanos Medical Inc
NYSE:AVNS
|
-0.016x |
|
RLJ Lodging Trust
NYSE:RLJ
|
0.029x |
Annual Cash Flow Conversion Efficiency for Zhejiang Great Shengda Packaging Co Ltd (2014–2024)
The table below shows the annual cash flow conversion efficiency of Zhejiang Great Shengda Packaging Co Ltd from 2014 to 2024. For the full company profile with market capitalisation and key ratios, see Zhejiang Great Shengda Packaging Co Ltd market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥3.54 Billion ≈ $518.05 Million |
CN¥216.32 Million ≈ $31.65 Million |
0.061x | -30.26% |
| 2023-12-31 | CN¥3.53 Billion ≈ $516.21 Million |
CN¥309.07 Million ≈ $45.23 Million |
0.088x | -20.00% |
| 2022-12-31 | CN¥2.26 Billion ≈ $330.89 Million |
CN¥247.63 Million ≈ $36.24 Million |
0.110x | +1391.68% |
| 2021-12-31 | CN¥1.92 Billion ≈ $280.81 Million |
CN¥14.09 Million ≈ $2.06 Million |
0.007x | -91.91% |
| 2020-12-31 | CN¥1.81 Billion ≈ $265.35 Million |
CN¥164.61 Million ≈ $24.09 Million |
0.091x | -19.14% |
| 2019-12-31 | CN¥1.46 Billion ≈ $213.62 Million |
CN¥163.90 Million ≈ $23.98 Million |
0.112x | -35.22% |
| 2018-12-31 | CN¥1.04 Billion ≈ $152.75 Million |
CN¥180.90 Million ≈ $26.47 Million |
0.173x | +28.66% |
| 2017-12-31 | CN¥922.58 Million ≈ $135.00 Million |
CN¥124.26 Million ≈ $18.18 Million |
0.135x | -38.31% |
| 2016-12-31 | CN¥595.54 Million ≈ $87.15 Million |
CN¥130.02 Million ≈ $19.03 Million |
0.218x | +130.70% |
| 2015-12-31 | CN¥731.95 Million ≈ $107.11 Million |
CN¥69.27 Million ≈ $10.14 Million |
0.095x | -56.22% |
| 2014-12-31 | CN¥679.40 Million ≈ $99.42 Million |
CN¥146.87 Million ≈ $21.49 Million |
0.216x | -- |
About Zhejiang Great Shengda Packaging Co Ltd
Zhejiang Great Shengda Packaging Co.,Ltd. develops, produces, and sells paper packaging products. It offers watermark cartons, preprint products, creative products, paper trays and paper corners, fine packaging, and boutique packaging products. The company also provides corrugated boxes, cardboards, high-end wine packages, fine cigarette packages, degradable pulp and environmentally friendly tabl… Read more