Zhejiang Xinao Textiles Inc
Zhejiang Xinao Textiles Inc. engages in the research and development, production, and sale of wool yarn and its intermediate products, wool tops, and cashmere yarns in China. It offers worsted and woolen pure wool, and wool blended yarns; and worsted and woolen pure cashmere, and cashmere blended yarns. The company's products are used in cashmere sweaters, wool sweaters, wool underwear, wool t-sh… Read more
Zhejiang Xinao Textiles Inc (603889) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: 0.064x
Based on the latest financial reports, Zhejiang Xinao Textiles Inc (603889) has a cash flow conversion efficiency ratio of 0.064x 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¥254.44 Million) by net assets (CN¥3.95 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Zhejiang Xinao Textiles Inc - Cash Flow Conversion Efficiency Trend (2011–2024)
This chart illustrates how Zhejiang Xinao Textiles Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Zhejiang Xinao Textiles Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Zhejiang Xinao Textiles Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
YouGov plc
PINK:YUGVF
|
0.137x |
|
Mill City Ventures III Ltd
NASDAQ:MCVT
|
0.015x |
|
Predictive Discovery Limited
PINK:PDIYF
|
-0.036x |
|
Shandong Shengli Co Ltd
SHE:000407
|
0.029x |
|
Anhui Xinli Finance Co Ltd
SHG:600318
|
0.060x |
|
DukSan Neolux Co.Ltd
KQ:213420
|
0.043x |
|
Zhejiang Starry Pharm Co Ltd
SHG:603520
|
0.004x |
|
Merida Industry Co Ltd
TW:9914
|
0.057x |
Annual Cash Flow Conversion Efficiency for Zhejiang Xinao Textiles Inc (2011–2024)
The table below shows the annual cash flow conversion efficiency of Zhejiang Xinao Textiles Inc from 2011 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥3.55 Billion | CN¥369.82 Million | 0.104x | -37.85% |
| 2023-12-31 | CN¥3.30 Billion | CN¥552.17 Million | 0.168x | +36.17% |
| 2022-12-31 | CN¥3.03 Billion | CN¥372.99 Million | 0.123x | +382.42% |
| 2021-12-31 | CN¥2.78 Billion | CN¥-121.00 Million | -0.044x | -137.24% |
| 2020-12-31 | CN¥2.58 Billion | CN¥301.47 Million | 0.117x | -29.62% |
| 2019-12-31 | CN¥2.40 Billion | CN¥398.65 Million | 0.166x | +719.63% |
| 2018-12-31 | CN¥2.37 Billion | CN¥-63.62 Million | -0.027x | -135.75% |
| 2017-12-31 | CN¥2.25 Billion | CN¥168.99 Million | 0.075x | -41.64% |
| 2016-12-31 | CN¥1.21 Billion | CN¥155.85 Million | 0.129x | -38.84% |
| 2015-12-31 | CN¥1.10 Billion | CN¥231.45 Million | 0.210x | +88.96% |
| 2014-12-31 | CN¥1.02 Billion | CN¥113.44 Million | 0.111x | -33.62% |
| 2013-12-31 | CN¥502.45 Million | CN¥84.21 Million | 0.168x | -44.31% |
| 2012-12-31 | CN¥421.50 Million | CN¥126.85 Million | 0.301x | +4.16% |
| 2011-12-31 | CN¥363.35 Million | CN¥104.98 Million | 0.289x | -- |