Zhejiang MustangBattery Co.Ltd
Zhejiang Mustang Battery Co.,Ltd engages in the research and development, production, and sale of zinc-manganese batteries in China. The company offers alkaline batteries, zinc-carbon products, Ni-mh products, special products, and package products, as well as alkaline-manganese batteries under the Mustang, MUSTANG, and RAYMAX brands. It sells its products in the European Union, North America, So… Read more
Zhejiang MustangBattery Co.Ltd (605378) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: -0.028x
Based on the latest financial reports, Zhejiang MustangBattery Co.Ltd (605378) has a cash flow conversion efficiency ratio of -0.028x 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¥-35.51 Million) by net assets (CN¥1.25 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Zhejiang MustangBattery Co.Ltd - Cash Flow Conversion Efficiency Trend (2016–2024)
This chart illustrates how Zhejiang MustangBattery Co.Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Zhejiang MustangBattery Co.Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Zhejiang MustangBattery Co.Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Kendrion NV
AS:KENDR
|
0.085x |
|
Ariston Holding N.V.
LSE:0ABE
|
N/A |
|
Sonadezi Chau Duc Shareholding Co
VN:SZC
|
N/A |
|
Antipa Minerals Ltd
AU:AZY
|
-0.006x |
|
ARISTON HOLD.N.V. EO-01
F:E0E
|
N/A |
|
Ningbo Shenglong Automotive Powertrain System Co Ltd
SHG:603178
|
0.061x |
|
Sichuan Huati Lighting Tech
SHG:603679
|
-0.028x |
|
OVH Groupe SAS
PA:OVH
|
12.075x |
Annual Cash Flow Conversion Efficiency for Zhejiang MustangBattery Co.Ltd (2016–2024)
The table below shows the annual cash flow conversion efficiency of Zhejiang MustangBattery Co.Ltd from 2016 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥1.29 Billion | CN¥80.70 Million | 0.063x | -25.25% |
| 2023-12-31 | CN¥1.23 Billion | CN¥103.27 Million | 0.084x | -39.56% |
| 2022-12-31 | CN¥1.19 Billion | CN¥165.12 Million | 0.139x | +102.40% |
| 2021-12-31 | CN¥1.14 Billion | CN¥77.99 Million | 0.069x | -73.64% |
| 2020-12-31 | CN¥583.58 Million | CN¥151.77 Million | 0.260x | -32.72% |
| 2019-12-31 | CN¥505.32 Million | CN¥195.34 Million | 0.387x | +137.14% |
| 2018-12-31 | CN¥450.12 Million | CN¥73.37 Million | 0.163x | -52.69% |
| 2017-12-31 | CN¥348.96 Million | CN¥120.23 Million | 0.345x | +1.95% |
| 2016-12-31 | CN¥341.67 Million | CN¥115.47 Million | 0.338x | -- |