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. Also see Zhejiang MustangBattery Co.Ltd (605378) total market value for the company's overall valuation and market capitalisation.
Zhejiang MustangBattery Co.Ltd - Cash Flow Conversion Efficiency Trend (2016–2025)
This chart illustrates how Zhejiang MustangBattery Co.Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data.
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. Explore Zhejiang MustangBattery Co.Ltd (605378) cash flow quality to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Haier Smart Home Co Ltd
XETRA:690D
|
0.049x |
|
Guangxi Nanning Waterworks Co
SHG:601368
|
0.039x |
|
PRINC.PR.EQ.HLDGS EO-001
F:PEYA
|
N/A |
|
Quess Corp Limited
NSE:QUESS
|
0.136x |
|
SK Chemicals Co Ltd
KO:285130
|
0.016x |
|
Saha Pathanapibul Public Company Limited
BK:SPC
|
0.008x |
|
Yuanta Sec Kor
KO:003470
|
-0.033x |
|
Unity Bancorp Inc
NASDAQ:UNTY
|
-0.104x |
Annual Cash Flow Conversion Efficiency for Zhejiang MustangBattery Co.Ltd (2016–2025)
The table below shows the annual cash flow conversion efficiency of Zhejiang MustangBattery Co.Ltd from 2016 to 2025. View Zhejiang MustangBattery Co.Ltd (605378) stock price for real-time trading data and today's change.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | CN¥1.25 Billion ≈ $183.19 Million |
CN¥164.31 Million ≈ $24.04 Million |
0.131x | +109.33% |
| 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 and internationally. 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 Unio… Read more