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.

Zhejiang Shengyang Science - Cash Flow Conversion Efficiency Trend (2011–2024)

This chart illustrates how Zhejiang Shengyang Science's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read Zhejiang Shengyang Science (603703) financial obligations for a breakdown of total debt and financial obligations.

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
Gujarat Pipavav Port Limited NSE:GPPL	0.085x
Yunnan QuakeSafe Seismic Isolation Technologies Co Ltd Class A SHE:300767	0.032x
Glencore PLC LSE:GLEN	0.033x
Nick Scali Ltd AU:NCK	0.239x
Birla Corporation Limited NSE:BIRLACORPN	0.030x
Camden National Corporation NASDAQ:CAC	0.028x
Beken Corp SHG:603068	0.014x
Sagicor Financial Company TO:SFC	0.295x

Annual Cash Flow Conversion Efficiency for Zhejiang Shengyang Science (2011–2024)

The table below shows the annual cash flow conversion efficiency of Zhejiang Shengyang Science from 2011 to 2024. For the full company profile with market capitalisation and key ratios, see 603703 stock market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
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

$834.36 Million

CN¥5.70 Billion CNY

Market Cap Rank

#10056 Global

#2799 in China

Share Price

CN¥13.74

Change (1 day)

-4.12%

52-Week Range

CN¥9.75 - CN¥18.90

All Time High

CN¥47.72