Zhuzhou CRRC Times Electric Co Ltd Cash Flow Conversion Efficiency
Zhuzhou CRRC Times Electric Co Ltd 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 Zhuzhou CRRC Times Electric Co Ltd stock valuation for the company's overall valuation and market capitalisation.
Cash Flow Conversion Efficiency of Zhuzhou CRRC Times Electric Co Ltd (2019–2024)
Cash flow conversion efficiency of Zhuzhou CRRC Times Electric Co Ltd from 2019 to 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. View 688187 stock price and chart for real-time trading data and today's change.
Zhuzhou CRRC Times Electric Co Ltd Cash Flow Conversion Ratio Explained
Zhuzhou CRRC Times Electric Co Ltd cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
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. Review 688187 FCF generation index to assess how much free cash flow the company generates relative to operating cash flow.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Sam Yang Foods
KO:003230
|
0.037x |
|
Landstar System Inc
NASDAQ:LSTR
|
-0.060x |
|
Campbell’s Co
NASDAQ:CPB
|
0.048x |
|
Elisa Oyj
HE:ELISA
|
0.117x |
|
Jiangsu King's Luck Brewery Joint-Stock Co Ltd
SHG:603369
|
-0.008x |
|
NEXGEN ENERGY LTD CDI/1
F:6NEA
|
-0.005x |
|
Casella Waste Systems Inc
NASDAQ:CWST
|
0.063x |
|
Brookfield Business Corp
NYSE:BBUC
|
0.050x |
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. Also see Zhuzhou CRRC Times Electric Co Ltd balance sheet assets for a full breakdown of the balance sheet.
| 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