Zhejiang Xinao Textiles Inc (603889) - Cash Flow Conversion Efficiency

Latest 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 ≈ $37.23 Million USD) by net assets (CN¥3.95 Billion ≈ $577.41 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 Xinao Textiles Inc stock valuation for the company's overall valuation and market capitalisation.

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.

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. Explore 603889 operating cash flow to net income to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
2CRSI S.A. PA:AL2SI	0.093x
Sri Trang Agro-Industry Public Company Limited BK:STA-R	0.237x
Sun Pharma Advanced Research Company Limited NSE:SPARC	0.336x
ChemPartner PharmaTech Co Ltd SHE:300149	0.022x
ZJAMP Group Co Ltd SHE:002758	0.072x
Beijing North Star Co Ltd Class A SHG:601588	0.076x
Thurgauer Kantonalbank SW:TKBP	0.040x
Cubic Sensor and Instrument Co Ltd SHG:688665	0.039x

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. View Zhejiang Xinao Textiles Inc (603889) stock price for real-time trading data and today's change.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CN¥3.55 Billion ≈ $519.66 Million	CN¥369.82 Million ≈ $54.12 Million	0.104x	-37.85%
2023-12-31	CN¥3.30 Billion ≈ $482.24 Million	CN¥552.17 Million ≈ $80.80 Million	0.168x	+36.17%
2022-12-31	CN¥3.03 Billion ≈ $443.57 Million	CN¥372.99 Million ≈ $54.58 Million	0.123x	+382.42%
2021-12-31	CN¥2.78 Billion ≈ $406.37 Million	CN¥-121.00 Million ≈ $-17.71 Million	-0.044x	-137.24%
2020-12-31	CN¥2.58 Billion ≈ $377.01 Million	CN¥301.47 Million ≈ $44.11 Million	0.117x	-29.62%
2019-12-31	CN¥2.40 Billion ≈ $350.88 Million	CN¥398.65 Million ≈ $58.33 Million	0.166x	+719.63%
2018-12-31	CN¥2.37 Billion ≈ $346.95 Million	CN¥-63.62 Million ≈ $-9.31 Million	-0.027x	-135.75%
2017-12-31	CN¥2.25 Billion ≈ $329.52 Million	CN¥168.99 Million ≈ $24.73 Million	0.075x	-41.64%
2016-12-31	CN¥1.21 Billion ≈ $177.38 Million	CN¥155.85 Million ≈ $22.81 Million	0.129x	-38.84%
2015-12-31	CN¥1.10 Billion ≈ $161.10 Million	CN¥231.45 Million ≈ $33.87 Million	0.210x	+88.96%
2014-12-31	CN¥1.02 Billion ≈ $149.21 Million	CN¥113.44 Million ≈ $16.60 Million	0.111x	-33.62%
2013-12-31	CN¥502.45 Million ≈ $73.52 Million	CN¥84.21 Million ≈ $12.32 Million	0.168x	-44.31%
2012-12-31	CN¥421.50 Million ≈ $61.68 Million	CN¥126.85 Million ≈ $18.56 Million	0.301x	+4.16%
2011-12-31	CN¥363.35 Million ≈ $53.17 Million	CN¥104.98 Million ≈ $15.36 Million	0.289x	--

About Zhejiang Xinao Textiles Inc

SHG:603889 China Textile Manufacturing

Market Cap

$650.76 Million

CN¥4.45 Billion CNY

Market Cap Rank

#10966 Global

#3030 in China

Share Price

CN¥6.09

Change (1 day)

-0.16%

52-Week Range

CN¥5.08 - CN¥9.45

All Time High

CN¥47.51