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. Also see Zhejiang Shengyang Science (603703) market capitalisation for the company's overall valuation and market capitalisation.

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.

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. Explore earnings quality score of Zhejiang Shengyang Science to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
Marine Electricals (India) Limited NSE:MARINE	0.057x
Xiangyang Automobile Bearing Co Ltd SHE:000678	0.094x
Newcapec Electronics Co Ltd SHE:300248	0.022x
Mensch und Maschine Software SE F:MUM	0.000x
Pepper Money Ltd AU:PPM	-1.010x
Tipco Asphalt Public Company Limited F:NVP5	0.092x
Suzhou Tianwo Science and Technology Co Ltd SHE:002564	0.395x
SNP Schneider-Neureither & Partner SE XETRA:SHF	0.083x

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. View 603703 live share price for real-time trading data and today's change.

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

$620.00 Million

CN¥4.24 Billion CNY

Market Cap Rank

#11284 Global

#3174 in China

Share Price

CN¥10.21

Change (1 day)

-1.35%

52-Week Range

CN¥7.89 - CN¥18.90

All Time High

CN¥47.72