Anzheng Fashion (603839) - Cash Flow Conversion Efficiency

Latest as of September 2025: -0.031x

Based on the latest financial reports, Anzheng Fashion (603839) has a cash flow conversion efficiency ratio of -0.031x 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¥-57.69 Million ≈ $-8.44 Million USD) by net assets (CN¥1.84 Billion ≈ $269.27 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 how leveraged is Anzheng Fashion's balance sheet to measure how much of total assets are equity-financed.

Anzheng Fashion - Cash Flow Conversion Efficiency Trend (2011–2024)

This chart illustrates how Anzheng Fashion's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check how high is Anzheng Fashion's earnings quality to evaluate the quality of earnings relative to operating cash generation.

Anzheng Fashion Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Anzheng Fashion ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Dipula Income Fund Ltd JSE:DIB	0.021x
EQV Ventures Acquisition Corp. NYSE:EQV	-0.003x
AMC Networks Inc NASDAQ:AMCX	0.066x
Panoro Energy ASA OL:PEN	-0.079x
Cantor Equity Partners III, Inc. Class A Ordinary Shares NASDAQ:CAEP	N/A
Guangdong Songyang Recycle Resources Co Ltd SHG:603863	-0.018x
AnHui Annada Titanium Industry Co Ltd SHE:002136	0.022x
PHX Energy Services Corporation TO:PHX	-0.002x

Annual Cash Flow Conversion Efficiency for Anzheng Fashion (2011–2024)

The table below shows the annual cash flow conversion efficiency of Anzheng Fashion from 2011 to 2024. For the full company profile with market capitalisation and key ratios, see Anzheng Fashion market cap and net worth.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CN¥1.89 Billion ≈ $277.09 Million	CN¥-42.28 Million ≈ $-6.19 Million	-0.022x	-123.90%
2023-12-31	CN¥2.06 Billion ≈ $301.85 Million	CN¥192.72 Million ≈ $28.20 Million	0.093x	-16.61%
2022-12-31	CN¥2.31 Billion ≈ $337.60 Million	CN¥258.49 Million ≈ $37.82 Million	0.112x	-39.70%
2021-12-31	CN¥2.91 Billion ≈ $425.44 Million	CN¥540.17 Million ≈ $79.04 Million	0.186x	+52.48%
2020-12-31	CN¥3.03 Billion ≈ $442.97 Million	CN¥368.84 Million ≈ $53.97 Million	0.122x	+3114.45%
2019-12-31	CN¥2.90 Billion ≈ $424.99 Million	CN¥11.01 Million ≈ $1.61 Million	0.004x	-88.88%
2018-12-31	CN¥2.79 Billion ≈ $408.14 Million	CN¥95.10 Million ≈ $13.92 Million	0.034x	-72.38%
2017-12-31	CN¥2.57 Billion ≈ $376.33 Million	CN¥317.42 Million ≈ $46.45 Million	0.123x	-53.37%
2016-12-31	CN¥1.28 Billion ≈ $187.69 Million	CN¥339.48 Million ≈ $49.68 Million	0.265x	+14.23%
2015-12-31	CN¥1.14 Billion ≈ $167.27 Million	CN¥264.85 Million ≈ $38.76 Million	0.232x	+7.98%
2014-12-31	CN¥994.54 Million ≈ $145.53 Million	CN¥213.40 Million ≈ $31.23 Million	0.215x	-47.64%
2013-12-31	CN¥872.67 Million ≈ $127.70 Million	CN¥357.59 Million ≈ $52.33 Million	0.410x	+73.57%
2012-12-31	CN¥697.06 Million ≈ $102.00 Million	CN¥164.56 Million ≈ $24.08 Million	0.236x	-36.16%
2011-12-31	CN¥539.48 Million ≈ $78.94 Million	CN¥199.50 Million ≈ $29.19 Million	0.370x	--

About Anzheng Fashion

SHG:603839 China Apparel Manufacturing

Market Cap

$384.83 Million

CN¥2.63 Billion CNY

Market Cap Rank

#13632 Global

#4052 in China

Share Price

CN¥6.76

Change (1 day)

-0.44%

52-Week Range

CN¥5.72 - CN¥11.47

All Time High

CN¥25.11