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 defensive interval ratio of Zhejiang MustangBattery Co.Ltd to measure how many days the company can operate on defensive assets alone.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
BAE Systems plc
LSE:BA
|
0.265x |
|
Union Optech Co Ltd
SHE:300691
|
0.002x |
|
Shanghai Jiaoda Onlly Co Ltd
SHG:600530
|
0.031x |
|
Shanghai Maling Aquarius Co Ltd
SHG:600073
|
0.129x |
|
Hanilcmt Co Ltd
KO:300720
|
0.053x |
|
Banco da Amazônia S.A
SA:BAZA3
|
-0.160x |
|
Invengo Information Technology Co Ltd
SHE:002161
|
0.016x |
|
Zhejiang Meishuo Electric Technology Co. Ltd. A
SHE:301295
|
N/A |
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 market cap of Zhejiang MustangBattery Co.Ltd.
| 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