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 688187 net asset quality score to measure how much of total assets are equity-financed.
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. Check Zhuzhou CRRC Times Electric Co Ltd cash earnings quality to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
Madison Air Solutions Corporation
NYSE:MAIR
|
0.056x |
|
SDIC Essence Holdings Co Ltd
SHG:600061
|
0.156x |
|
Wallenius Wilhelmsen Logistics ASA
OL:WAWI
|
0.135x |
|
CICT Mobile Communication Technology Co. Ltd. A
SHG:688387
|
N/A |
|
Magyar Telekom Távközlési Nyilvánosan Müködö Részvénytársaság
F:MGYB
|
0.097x |
|
PTC Therapeutics Inc
NASDAQ:PTCT
|
0.327x |
|
MERUS N.V. EO -09
F:2GH
|
N/A |
|
Kion Group AG
XETRA:KGX
|
0.018x |
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 market cap of Zhuzhou CRRC Times Electric Co Ltd.
| 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