Zhejiang Grandwall Electric Science&Technology Co Ltd Class A (603897) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Zhejiang Grandwall Electric Science&Technology Co Ltd Class A (603897) has a cash flow conversion efficiency ratio of 0.053x as of June 2023. 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¥144.94 Million ≈ $21.21 Million USD) by net assets (CN¥2.73 Billion ≈ $398.79 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 Grandwall Electric Science&Tech (603897) total market value for the company's overall valuation and market capitalisation.
Zhejiang Grandwall Electric Science&Technology Co Ltd Class A - Cash Flow Conversion Efficiency Trend (2014–2024)
This chart illustrates how Zhejiang Grandwall Electric Science&Technology Co Ltd Class A's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Zhejiang Grandwall Electric Science&Technology Co Ltd Class A Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Zhejiang Grandwall Electric Science&Technology Co Ltd Class A ranked by their cash flow conversion efficiency. Explore 603897 cash flow quality index to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Gallant Micro Machining Co Ltd
TWO:6640
|
0.040x |
|
Jiangsu Zhenjiang New Energy Equipment Co Ltd Class A
SHG:603507
|
-0.026x |
|
Banco Products (I) Limited
NSE:BANCOINDIA
|
0.009x |
|
NH SPAC 8
KQ:218410
|
0.065x |
|
Tyntek Corp
TW:2426
|
0.005x |
|
Middlesex Water Company
NASDAQ:MSEX
|
0.025x |
|
Fujian Tianma Science and Technology Group Co Ltd
SHG:603668
|
-0.005x |
|
Banco Patagonia
BA:BPAT
|
-0.006x |
Annual Cash Flow Conversion Efficiency for Zhejiang Grandwall Electric Science&Technology Co Ltd Class A (2014–2024)
The table below shows the annual cash flow conversion efficiency of Zhejiang Grandwall Electric Science&Technology Co Ltd Class A from 2014 to 2024. View today's stock price for Zhejiang Grandwall Electric Science&Tech for real-time trading data and today's change.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥2.56 Billion ≈ $374.51 Million |
CN¥-3.52 Million ≈ $-514.99K |
-0.001x | -102.34% |
| 2023-12-31 | CN¥2.78 Billion ≈ $406.23 Million |
CN¥163.36 Million ≈ $23.91 Million |
0.059x | -13.49% |
| 2022-12-31 | CN¥2.75 Billion ≈ $401.74 Million |
CN¥186.76 Million ≈ $27.33 Million |
0.068x | +151.33% |
| 2021-12-31 | CN¥2.71 Billion ≈ $396.92 Million |
CN¥-359.48 Million ≈ $-52.60 Million |
-0.133x | -205.76% |
| 2020-12-31 | CN¥1.99 Billion ≈ $291.21 Million |
CN¥249.37 Million ≈ $36.49 Million |
0.125x | -36.85% |
| 2019-12-31 | CN¥1.92 Billion ≈ $280.85 Million |
CN¥380.87 Million ≈ $55.73 Million |
0.198x | +189.93% |
| 2018-12-31 | CN¥1.68 Billion ≈ $245.99 Million |
CN¥-370.95 Million ≈ $-54.28 Million |
-0.221x | -347.68% |
| 2017-12-31 | CN¥796.86 Million ≈ $116.61 Million |
CN¥70.99 Million ≈ $10.39 Million |
0.089x | +5.21% |
| 2016-12-31 | CN¥619.44 Million ≈ $90.64 Million |
CN¥52.45 Million ≈ $7.68 Million |
0.085x | -88.93% |
| 2015-12-31 | CN¥469.14 Million ≈ $68.65 Million |
CN¥358.98 Million ≈ $52.53 Million |
0.765x | +49.38% |
| 2014-12-31 | CN¥416.77 Million ≈ $60.99 Million |
CN¥213.48 Million ≈ $31.24 Million |
0.512x | -- |
About Zhejiang Grandwall Electric Science&Technology Co Ltd Class A
Zhejiang grandwall electric science&technology co.,ltd., together with its subsidiaries, researches, develops, produces, and sells electromagnetic wire products in China and internationally. The company offers round and rectangular wire products. It serves industrial electrical machinery, new energy resources, power tools, automotive, household appliances, instrumentation applications. Zhejiang g… Read more