Zhejiang Xinao Textiles Inc Cash Flow Conversion Efficiency
Zhejiang Xinao Textiles Inc cash flow conversion efficiency. 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.
Cash Flow Conversion Efficiency of Zhejiang Xinao Textiles Inc (2011–2024)
Cash flow conversion efficiency of Zhejiang Xinao Textiles Inc from 2011 to 2024. This chart illustrates how Zhejiang Xinao Textiles Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Zhejiang Xinao Textiles Inc (603889) share price today for real-time trading data and today's change.
Zhejiang Xinao Textiles Inc Cash Flow Conversion Ratio Explained
Zhejiang Xinao Textiles Inc cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
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. Also see Zhejiang Xinao Textiles Inc (603889) market capitalisation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
H&R Century Union Corp
SHE:000892
|
-0.020x |
|
Apacer Technology Inc
TW:8271
|
0.044x |
|
Jianglong Shipbuilding Co Ltd
SHE:300589
|
0.284x |
|
Helen of Troy Ltd
NASDAQ:HELE
|
-0.001x |
|
Henan Senyuan Electric Co Ltd
SHE:002358
|
-0.002x |
|
Shenzhen Sunmoon Microelectronics Co. Ltd. A
SHG:688699
|
0.006x |
|
Wuxi Huadong Heavy Machinery Co Ltd
SHE:002685
|
0.042x |
|
Msscorps Co Ltd
TW:6830
|
0.071x |
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. Review 603889 free cash flow generation to assess how much free cash flow the company generates relative to operating cash flow.
| 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
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