Zhejiang Jianye Chemical Co Ltd (603948) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.047x

Based on the latest financial reports, Zhejiang Jianye Chemical Co Ltd (603948) has a cash flow conversion efficiency ratio of 0.047x 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¥97.86 Million ≈ $14.32 Million USD) by net assets (CN¥2.10 Billion ≈ $307.18 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 how leveraged is Zhejiang Jianye Chemical Co Ltd's balance sheet to measure how much of total assets are equity-financed.

Zhejiang Jianye Chemical Co Ltd - Cash Flow Conversion Efficiency Trend (2015–2024)

This chart illustrates how Zhejiang Jianye Chemical Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Zhejiang Jianye Chemical Co Ltd cash flow quality index to evaluate the quality of earnings relative to operating cash generation.

Zhejiang Jianye Chemical Co Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Zhejiang Jianye Chemical Co Ltd ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Lungteh Shipbldg Co Ltd TW:6753	-0.162x
Chongqing Yukaifa Co Ltd SHE:000514	0.003x
Princess Private Equity Holding Ltd LSE:PEY	0.029x
Shanghai Kinlita Chemical Co SHE:300225	0.028x
Armada Hflr Pr NYSE:AHH	0.016x
Masoval AS OL:MAS	-0.017x
Alpha Networks Inc TW:3380	-0.066x
Ways Electron Co Ltd SHG:605218	0.005x

Annual Cash Flow Conversion Efficiency for Zhejiang Jianye Chemical Co Ltd (2015–2024)

The table below shows the annual cash flow conversion efficiency of Zhejiang Jianye Chemical Co Ltd from 2015 to 2024. For the full company profile with market capitalisation and key ratios, see 603948 company net worth.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CN¥2.09 Billion ≈ $305.24 Million	CN¥291.89 Million ≈ $42.71 Million	0.140x	-20.11%
2023-12-31	CN¥2.02 Billion ≈ $295.43 Million	CN¥353.63 Million ≈ $51.75 Million	0.175x	-17.91%
2022-12-31	CN¥1.98 Billion ≈ $289.84 Million	CN¥422.63 Million ≈ $61.84 Million	0.213x	+83.23%
2021-12-31	CN¥1.67 Billion ≈ $243.71 Million	CN¥193.95 Million ≈ $28.38 Million	0.116x	+89.71%
2020-12-31	CN¥1.41 Billion ≈ $205.95 Million	CN¥86.39 Million ≈ $12.64 Million	0.061x	-45.52%
2019-12-31	CN¥825.18 Million ≈ $120.75 Million	CN¥92.97 Million ≈ $13.60 Million	0.113x	-47.73%
2018-12-31	CN¥682.65 Million ≈ $99.89 Million	CN¥147.13 Million ≈ $21.53 Million	0.216x	+35.02%
2017-12-31	CN¥534.96 Million ≈ $78.28 Million	CN¥85.39 Million ≈ $12.50 Million	0.160x	+17.26%
2016-12-31	CN¥364.70 Million ≈ $53.37 Million	CN¥49.65 Million ≈ $7.26 Million	0.136x	+182.06%
2015-12-31	CN¥309.35 Million ≈ $45.27 Million	CN¥14.93 Million ≈ $2.18 Million	0.048x	--

About Zhejiang Jianye Chemical Co Ltd

SHG:603948 China Chemicals

Market Cap

$487.43 Million

CN¥3.33 Billion CNY

Market Cap Rank

#12334 Global

#3584 in China

Share Price

CN¥20.50

Change (1 day)

+0.94%

52-Week Range

CN¥17.91 - CN¥34.00

All Time High

CN¥36.34