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. See Zhejiang MustangBattery Co.Ltd (605378) net asset quality to measure how much of total assets are equity-financed.
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. Check 605378 cash flow quality score to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
Anhui Wanyi Science and Technology Co Ltd
SHG:688600
|
0.066x |
|
Zhejiang Netsun Co Ltd
SHE:002095
|
0.015x |
|
Shenzhen King Explorer Science and Technology Corp Class A
SHE:002917
|
0.035x |
|
Beijing VRV Software Corp Ltd
SHE:300352
|
0.015x |
|
Canadian Tire Corporation Limited
TO:CTC
|
0.117x |
|
Shandong Oriental Ocean Sci-Tech Co Ltd
SHE:002086
|
-0.035x |
|
BYBON Group Co Ltd Class A
SHE:300736
|
-0.436x |
|
Cogent Communications Group Inc
NASDAQ:CCOI
|
-0.079x |
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. For the full company profile with market capitalisation and key ratios, see 605378 market cap.
| 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. 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