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. See Zhejiang Xinao Textiles Inc net asset quality index to measure how much of total assets are equity-financed.

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. Check Zhejiang Xinao Textiles Inc cash earnings quality to evaluate the quality of earnings relative to operating cash generation.

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
Zhejiang Qianjiang Biochemical Co Ltd SHG:600796	0.057x
Tes Touch Embedded Solutions SHE:003019	0.003x
Anhui Deli Household Glass Co Ltd SHE:002571	-0.020x
Atlantic China Welding Consumables Inc SHG:600558	0.010x
Msscorps Co Ltd TW:6830	0.071x
BRASKEM PFD ADR/2 O.N. F:BRD	0.055x
Adira Dinamika Multi Finance JK:ADMF	0.067x
Tactile Systems Technology Inc NASDAQ:TCMD	-0.002x

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. For the full company profile with market capitalisation and key ratios, see Zhejiang Xinao Textiles Inc market cap and net worth.

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

$593.06 Million

CN¥4.05 Billion CNY

Market Cap Rank

#11104 Global

#2970 in China

Share Price

CN¥5.55

Change (1 day)

+0.91%

52-Week Range

CN¥5.08 - CN¥9.45

All Time High

CN¥47.51