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. See Zhejiang Grandwall Electric Science&Tech balance sheet quality to measure how much of total assets are equity-financed.
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. Check Zhejiang Grandwall Electric Science&Tech (603897) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Sichuan Chuanhuan Technology Co Ltd
SHE:300547
|
-0.005x |
|
Guangdong Dongpeng Holdings
SHE:003012
|
0.029x |
|
Wuxi Huadong Heavy Machinery Co Ltd
SHE:002685
|
0.042x |
|
Chongqing Pharscin Pharmaceutical Co Ltd
SHE:002907
|
0.000x |
|
Huarui Electrical Appliance Co Ltd
SHE:300626
|
-0.015x |
|
OppFi Inc
NYSE:OPFI
|
0.265x |
|
NatureCell Co.Ltd
KQ:007390
|
-0.052x |
|
Shenzhen Jinjia Color Printing Group Co Ltd
SHE:002191
|
0.046x |
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. For the full company profile with market capitalisation and key ratios, see Zhejiang Grandwall Electric Science&Tech stock valuation.
| 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