Longyan Zhuoyue New Energy Co Ltd (688196) - Cash Flow Conversion Efficiency

Latest as of June 2023: 0.140x

Based on the latest financial reports, Longyan Zhuoyue New Energy Co Ltd (688196) has a cash flow conversion efficiency ratio of 0.140x as of June 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¥385.77 Million ≈ $56.45 Million USD) by net assets (CN¥2.75 Billion ≈ $402.34 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Longyan Zhuoyue New Energy Co Ltd - Cash Flow Conversion Efficiency Trend (2016–2024)

This chart illustrates how Longyan Zhuoyue New Energy Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read total liabilities of Longyan Zhuoyue New Energy Co Ltd for a breakdown of total debt and financial obligations.

Longyan Zhuoyue New Energy Co Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Longyan Zhuoyue New Energy Co Ltd ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Beijing SL Pharmaceutical Co Ltd SHE:002038	-0.003x
Brookline Bancorp Inc NASDAQ:BRKL	0.027x
Qisda Corp TW:2352	0.051x
Triveni Engineering & Industries Limited NSE:TRIVENI	0.012x
Fujian Apex Software Co Ltd SHG:603383	-0.024x
Everlight Chemical Industrial Corp TW:1711	0.045x
Heilongjiang ZBD Pharmaceutical Co Ltd SHG:603567	0.039x
Manorama Industries Limited NSE:MANORAMA	0.013x

Annual Cash Flow Conversion Efficiency for Longyan Zhuoyue New Energy Co Ltd (2016–2024)

The table below shows the annual cash flow conversion efficiency of Longyan Zhuoyue New Energy Co Ltd from 2016 to 2024. For the full company profile with market capitalisation and key ratios, see Longyan Zhuoyue New Energy Co Ltd market cap and net worth.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CN¥2.79 Billion ≈ $408.66 Million	CN¥118.85 Million ≈ $17.39 Million	0.043x	+135.34%
2023-12-31	CN¥2.68 Billion ≈ $392.21 Million	CN¥-322.77 Million ≈ $-47.23 Million	-0.120x	-142.28%
2022-12-31	CN¥2.78 Billion ≈ $407.36 Million	CN¥792.99 Million ≈ $116.04 Million	0.285x	+1282.62%
2021-12-31	CN¥2.47 Billion ≈ $361.45 Million	CN¥-59.50 Million ≈ $-8.71 Million	-0.024x	-121.17%
2020-12-31	CN¥2.22 Billion ≈ $325.40 Million	CN¥253.02 Million ≈ $37.03 Million	0.114x	+31.47%
2019-12-31	CN¥2.07 Billion ≈ $302.60 Million	CN¥178.97 Million ≈ $26.19 Million	0.087x	-77.93%
2018-12-31	CN¥651.44 Million ≈ $95.33 Million	CN¥255.46 Million ≈ $37.38 Million	0.392x	+524.92%
2017-12-31	CN¥537.56 Million ≈ $78.66 Million	CN¥-49.61 Million ≈ $-7.26 Million	-0.092x	-202.08%
2016-12-31	CN¥472.74 Million ≈ $69.18 Million	CN¥42.74 Million ≈ $6.25 Million	0.090x	--

About Longyan Zhuoyue New Energy Co Ltd

SHG:688196 China Specialty Chemicals

Market Cap

$975.64 Million

CN¥6.67 Billion CNY

Market Cap Rank

#9216 Global

#2483 in China

Share Price

CN¥52.42

Change (1 day)

-1.76%

52-Week Range

CN¥37.03 - CN¥90.91

All Time High

CN¥91.29