Zhejiang Langdi Group Co Ltd (603726) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Zhejiang Langdi Group Co Ltd (603726) has a cash flow conversion efficiency ratio of 0.047x as of June 2023. 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¥54.73 Million ≈ $8.01 Million USD) by net assets (CN¥1.16 Billion ≈ $169.62 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 Zhejiang Langdi Group Co Ltd balance sheet quality to measure how much of total assets are equity-financed.
Zhejiang Langdi Group Co Ltd - Cash Flow Conversion Efficiency Trend (2012–2024)
This chart illustrates how Zhejiang Langdi Group Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Zhejiang Langdi Group Co Ltd (603726) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.
Zhejiang Langdi Group Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Zhejiang Langdi Group Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Zhejiang Henglin Chair Industry Co Ltd Class A
SHG:603661
|
0.057x |
|
Hanwha Investment&Securities Co Ltd
KO:003530
|
0.106x |
|
Longyan Zhuoyue New Energy Co Ltd
SHG:688196
|
0.120x |
|
New York Mortgage Trust Inc
NASDAQ:NYMT
|
0.028x |
|
Merry Electronics Co Ltd
TW:2439
|
-0.111x |
|
Semen Indonesia Persero Tbk
JK:SMGR
|
0.012x |
|
Fundamenta Real Estate AG
SW:FREN
|
0.017x |
|
PTC India Limited
NSE:PTC
|
0.317x |
Annual Cash Flow Conversion Efficiency for Zhejiang Langdi Group Co Ltd (2012–2024)
The table below shows the annual cash flow conversion efficiency of Zhejiang Langdi Group Co Ltd from 2012 to 2024. For the full company profile with market capitalisation and key ratios, see 603726 market cap.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥1.29 Billion ≈ $189.42 Million |
CN¥98.35 Million ≈ $14.39 Million |
0.076x | -43.58% |
| 2023-12-31 | CN¥1.22 Billion ≈ $177.98 Million |
CN¥163.81 Million ≈ $23.97 Million |
0.135x | +28.19% |
| 2022-12-31 | CN¥1.17 Billion ≈ $171.15 Million |
CN¥122.88 Million ≈ $17.98 Million |
0.105x | -6.88% |
| 2021-12-31 | CN¥1.10 Billion ≈ $160.56 Million |
CN¥123.79 Million ≈ $18.11 Million |
0.113x | +9.70% |
| 2020-12-31 | CN¥1.01 Billion ≈ $148.40 Million |
CN¥104.30 Million ≈ $15.26 Million |
0.103x | -1.55% |
| 2019-12-31 | CN¥925.43 Million ≈ $135.42 Million |
CN¥96.67 Million ≈ $14.15 Million |
0.104x | +549.19% |
| 2018-12-31 | CN¥881.68 Million ≈ $129.02 Million |
CN¥14.19 Million ≈ $2.08 Million |
0.016x | +182.39% |
| 2017-12-31 | CN¥817.54 Million ≈ $119.63 Million |
CN¥-15.97 Million ≈ $-2.34 Million |
-0.020x | -249.45% |
| 2016-12-31 | CN¥743.94 Million ≈ $108.86 Million |
CN¥9.72 Million ≈ $1.42 Million |
0.013x | -92.41% |
| 2015-12-31 | CN¥444.02 Million ≈ $64.97 Million |
CN¥76.40 Million ≈ $11.18 Million |
0.172x | +40.57% |
| 2014-12-31 | CN¥382.63 Million ≈ $55.99 Million |
CN¥46.84 Million ≈ $6.85 Million |
0.122x | -30.86% |
| 2012-12-31 | CN¥260.17 Million ≈ $38.07 Million |
CN¥46.06 Million ≈ $6.74 Million |
0.177x | -- |
About Zhejiang Langdi Group Co Ltd
Zhejiang Langdi Group Co., Ltd. manufactures and sells household air conditioning wheels, mechanical fans, and polymer composite materials in China. It offers forward direct driven, forward and backward belt driven, axial-flow, single inlet forward and backward, FCU, and other fans; metal impeller; fan motors, such as external DC and EC motor, single phase capacitor motor, and triple phase induct… Read more