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. Check 603889 PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.

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. See 603889 net asset value for net asset value and shareholders' equity analysis.

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
Shandong Liancheng Precision Manufacturing Co Ltd Class A SHE:002921	0.005x
Mega-info Media Co.Ltd. SHE:301102	N/A
BMC Medical Co. Ltd. A SHE:301367	N/A
BGRIMM Science and Technology Co Ltd SHG:600980	0.048x
Shandong Lubei Chemical Co Ltd SHG:600727	0.017x
Fineos Corporation Holdings Plc AU:FCL	0.317x
Hunan Huasheng Co Ltd SHG:600156	0.086x
Shanghai New World Co Ltd SHG:600628	0.020x

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 (603889) market capitalisation.

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

$600.54 Million

CN¥4.10 Billion CNY

Market Cap Rank

#11610 Global

#3408 in China

Share Price

CN¥5.62

Change (1 day)

+0.72%

52-Week Range

CN¥5.58 - CN¥9.45

All Time High

CN¥47.51