Zhejiang MustangBattery Co.Ltd (605378) - Cash Flow Conversion Efficiency
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 ≈ $-5.20 Million USD) by net assets (CN¥1.25 Billion ≈ $182.87 Million USD). 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. Read Zhejiang MustangBattery Co.Ltd debt and liabilities for a breakdown of total debt and financial obligations.
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 |
|---|---|
|
Mahindra Lifespace Developers Limited
NSE:MAHLIFE
|
-0.069x |
|
ADITYA VISION LTD
NSE:AVL
|
N/A |
|
Wuxi Xuelang Environmental Technology Co Ltd
SHE:300385
|
0.079x |
|
Mobilicom Limited Warrants
NASDAQ:MOBBW
|
-0.330x |
|
Guangdong Chant Group Inc
SHE:002616
|
0.235x |
|
EZTEC Empreendimentos e Participações S.A
SA:EZTC3
|
0.042x |
|
Chongqing QinAn M&E PLC
SHG:603758
|
0.031x |
|
Jiangsu Jinji Industrial Co Ltd
SHE:300798
|
-0.031x |
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. For the full company profile with market capitalisation and key ratios, see market cap of Zhejiang MustangBattery Co.Ltd.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥1.29 Billion ≈ $188.35 Million |
CN¥80.70 Million ≈ $11.81 Million |
0.063x | -25.25% |
| 2023-12-31 | CN¥1.23 Billion ≈ $180.17 Million |
CN¥103.27 Million ≈ $15.11 Million |
0.084x | -39.56% |
| 2022-12-31 | CN¥1.19 Billion ≈ $174.12 Million |
CN¥165.12 Million ≈ $24.16 Million |
0.139x | +102.40% |
| 2021-12-31 | CN¥1.14 Billion ≈ $166.44 Million |
CN¥77.99 Million ≈ $11.41 Million |
0.069x | -73.64% |
| 2020-12-31 | CN¥583.58 Million ≈ $85.40 Million |
CN¥151.77 Million ≈ $22.21 Million |
0.260x | -32.72% |
| 2019-12-31 | CN¥505.32 Million ≈ $73.94 Million |
CN¥195.34 Million ≈ $28.58 Million |
0.387x | +137.14% |
| 2018-12-31 | CN¥450.12 Million ≈ $65.87 Million |
CN¥73.37 Million ≈ $10.74 Million |
0.163x | -52.69% |
| 2017-12-31 | CN¥348.96 Million ≈ $51.06 Million |
CN¥120.23 Million ≈ $17.59 Million |
0.345x | +1.95% |
| 2016-12-31 | CN¥341.67 Million ≈ $50.00 Million |
CN¥115.47 Million ≈ $16.90 Million |
0.338x | -- |
About 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