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. See how many days can Zhuzhou CRRC Times Electric Co Ltd fund operations to measure how many days the company can operate on defensive assets alone.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
D-Wave Quantum Inc.
NYSE:QBTS
|
-0.028x |
|
Jiangsu Boqian New Materials Stock Co Ltd
SHG:605376
|
0.031x |
|
Jackson Financial Inc
NYSE:JXN
|
0.106x |
|
Yealink Network Technology Corp Ltd
SHE:300628
|
0.055x |
|
Metallurgical Corporation of China Ltd
SHG:601618
|
0.019x |
|
ASHTEAD UNSP.ADR/4 LS-10
F:0LCA
|
N/A |
|
General Insurance Corporation of India
NSE:GICRE
|
-0.002x |
|
Sangfor Technologies Inc Class A
SHE:300454
|
0.035x |
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. For the full company profile with market capitalisation and key ratios, see Zhuzhou CRRC Times Electric Co Ltd market capitalisation.
| 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