Zhejiang Shengyang Science (603703) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.010x

Based on the latest financial reports, Zhejiang Shengyang Science (603703) has a cash flow conversion efficiency ratio of 0.010x 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¥8.25 Million ≈ $1.21 Million USD) by net assets (CN¥856.38 Million ≈ $125.31 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 603703 equity financing ratio to measure how much of total assets are equity-financed.

Zhejiang Shengyang Science - Cash Flow Conversion Efficiency Trend (2011–2025)

This chart illustrates how Zhejiang Shengyang Science's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Zhejiang Shengyang Science (603703) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.

Zhejiang Shengyang Science Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Zhejiang Shengyang Science ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Nexity PA:NXI	0.008x
CREDIT CORP. GROUP LTD. F:2RC	N/A
Amper S.A. MC:AMP	-0.602x
Tianjin Tianbao Infrastructure Co Ltd SHE:000965	0.025x
Grid Dynamics Holdings Inc NASDAQ:GDYN	0.016x
Guangdong Sunwill Precising Plastic Co Ltd SHE:002676	0.061x
Wonik QnC Corporation KQ:074600	0.046x
Lumibird SA PA:LBIRD	0.075x

Annual Cash Flow Conversion Efficiency for Zhejiang Shengyang Science (2011–2025)

The table below shows the annual cash flow conversion efficiency of Zhejiang Shengyang Science from 2011 to 2025. For the full company profile with market capitalisation and key ratios, see Zhejiang Shengyang Science stock valuation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	CN¥852.84 Million ≈ $124.80 Million	CN¥39.15 Million ≈ $5.73 Million	0.046x	+160.95%
2024-12-31	CN¥821.88 Million ≈ $120.27 Million	CN¥-61.90 Million ≈ $-9.06 Million	-0.075x	-180.09%
2023-12-31	CN¥864.51 Million ≈ $126.50 Million	CN¥81.30 Million ≈ $11.90 Million	0.094x	-10.44%
2022-12-31	CN¥856.51 Million ≈ $125.33 Million	CN¥89.94 Million ≈ $13.16 Million	0.105x	+29.91%
2021-12-31	CN¥942.05 Million ≈ $137.85 Million	CN¥76.14 Million ≈ $11.14 Million	0.081x	+76.42%
2020-12-31	CN¥1.20 Billion ≈ $175.85 Million	CN¥55.06 Million ≈ $8.06 Million	0.046x	-51.19%
2019-12-31	CN¥556.64 Million ≈ $81.45 Million	CN¥52.25 Million ≈ $7.65 Million	0.094x	-19.88%
2018-12-31	CN¥535.74 Million ≈ $78.40 Million	CN¥62.76 Million ≈ $9.18 Million	0.117x	-51.37%
2017-12-31	CN¥539.47 Million ≈ $78.94 Million	CN¥129.96 Million ≈ $19.02 Million	0.241x	+271.13%
2016-12-31	CN¥519.16 Million ≈ $75.97 Million	CN¥33.70 Million ≈ $4.93 Million	0.065x	+206.97%
2015-12-31	CN¥528.03 Million ≈ $77.27 Million	CN¥-32.04 Million ≈ $-4.69 Million	-0.061x	-124.75%
2014-12-31	CN¥270.63 Million ≈ $39.60 Million	CN¥66.34 Million ≈ $9.71 Million	0.245x	+8.64%
2013-12-31	CN¥215.63 Million ≈ $31.55 Million	CN¥48.66 Million ≈ $7.12 Million	0.226x	+735.99%
2012-12-31	CN¥179.64 Million ≈ $26.29 Million	CN¥4.85 Million ≈ $709.54K	0.027x	+127.56%
2011-12-31	CN¥139.60 Million ≈ $20.43 Million	CN¥-13.67 Million ≈ $-2.00 Million	-0.098x	--

About Zhejiang Shengyang Science

SHG:603703 China Communication Equipment

Market Cap

$490.05 Million

CN¥3.35 Billion CNY

Market Cap Rank

#12102 Global

#3373 in China

Share Price

CN¥8.07

Change (1 day)

+2.28%

52-Week Range

CN¥7.89 - CN¥18.90

All Time High

CN¥47.72