Zhuzhou CRRC Times Electric Co Ltd (688187) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Zhuzhou CRRC Times Electric Co Ltd (688187) has a cash flow conversion efficiency ratio of 0.080x as of December 2023. 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¥3.02 Billion ≈ $441.30 Million USD) by net assets (CN¥37.85 Billion ≈ $5.54 Billion 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 market value of Zhuzhou CRRC Times Electric Co Ltd for the company's overall valuation and market capitalisation.
Zhuzhou CRRC Times Electric Co Ltd - Cash Flow Conversion Efficiency Trend (2019–2024)
This chart illustrates how Zhuzhou CRRC Times Electric Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Zhuzhou CRRC Times Electric Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Zhuzhou CRRC Times Electric Co Ltd ranked by their cash flow conversion efficiency. Explore how high is Zhuzhou CRRC Times Electric Co Ltd's earnings quality to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
LS Corp
KO:006260
|
0.078x |
|
Yancoal Australia Ltd
AU:YAL
|
0.055x |
|
Starwood Property Trust Inc
NYSE:STWD
|
0.045x |
|
Huaan Securities Co Ltd
SHG:600909
|
0.122x |
|
Australian Foundation Investment Company Ltd
AU:AFI
|
0.012x |
|
COM.INTL BANK ADR/1 O.N.
F:CIN0
|
-0.159x |
|
Hunan Gold Corp Ltd
SHE:002155
|
0.031x |
|
TXNM Energy, Inc.
NYSE:TXNM
|
0.019x |
Annual Cash Flow Conversion Efficiency for Zhuzhou CRRC Times Electric Co Ltd (2019–2024)
The table below shows the annual cash flow conversion efficiency of Zhuzhou CRRC Times Electric Co Ltd from 2019 to 2024. View 688187 stock price and chart for real-time trading data and today's change.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥44.76 Billion ≈ $6.55 Billion |
CN¥3.36 Billion ≈ $491.84 Million |
0.075x | +97.11% |
| 2023-12-31 | CN¥37.72 Billion ≈ $5.52 Billion |
CN¥1.44 Billion ≈ $210.25 Million |
0.038x | -34.13% |
| 2022-12-31 | CN¥35.30 Billion ≈ $5.16 Billion |
CN¥2.04 Billion ≈ $298.70 Million |
0.058x | -10.46% |
| 2021-12-31 | CN¥33.29 Billion ≈ $4.87 Billion |
CN¥2.15 Billion ≈ $314.65 Million |
0.065x | -10.33% |
| 2020-12-31 | CN¥24.26 Billion ≈ $3.55 Billion |
CN¥1.75 Billion ≈ $255.69 Million |
0.072x | -20.67% |
| 2019-12-31 | CN¥22.20 Billion ≈ $3.25 Billion |
CN¥2.02 Billion ≈ $294.89 Million |
0.091x | -- |
About Zhuzhou CRRC Times Electric Co Ltd
Zhuzhou CRRC Times Electric Co., Ltd., together with its subsidiaries, engages in the provision of propulsion and control systems in Mainland China and internationally. It provides traction converter systems, power supply systems, informationization and intelligent system products, test equipment, urban rail vehicle door systems, electrical system of passenger car, technological equipment of urba… Read more