Shanghai Zhenhua Heavy Industries Co Ltd B (900947) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Shanghai Zhenhua Heavy Industries Co Ltd B (900947) has a cash flow conversion efficiency ratio of 0.125x 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 ($2.32 Billion) by net assets ($18.58 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see Shanghai Zhenhua Heavy Industries Co Ltd market capitalisation for the company's overall valuation and market capitalisation.
Shanghai Zhenhua Heavy Industries Co Ltd B - Cash Flow Conversion Efficiency Trend (2016–2024)
This chart illustrates how Shanghai Zhenhua Heavy Industries Co Ltd B's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Shanghai Zhenhua Heavy Industries Co Ltd B Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Shanghai Zhenhua Heavy Industries Co Ltd B ranked by their cash flow conversion efficiency. Explore how high is Shanghai Zhenhua Heavy Industries Co Ltd's earnings quality to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
AgomAb Therapeutics NV American Depositary Shares
NASDAQ:AGMB
|
-0.085x |
|
Masoval AS
OL:MAS
|
0.159x |
|
Wajax Corporation
TO:WJX
|
0.026x |
|
Qingdao Copton Technology Co Ltd
SHG:603798
|
0.016x |
|
Semco Technologies Sas
PA:ALSEM
|
N/A |
|
Jee Technology Co. Ltd. A
SHG:688162
|
N/A |
|
Albaraka Turk Katilim Bankasi AS
IS:ALBRK
|
-0.403x |
|
Beijing Centergate Technologies Holding Co Ltd
SHE:000931
|
0.001x |
Annual Cash Flow Conversion Efficiency for Shanghai Zhenhua Heavy Industries Co Ltd B (2016–2024)
The table below shows the annual cash flow conversion efficiency of Shanghai Zhenhua Heavy Industries Co Ltd B from 2016 to 2024. View latest Shanghai Zhenhua Heavy Industries Co Ltd stock price today for real-time trading data and today's change.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $18.32 Billion | $5.28 Billion | 0.288x | +4.79% |
| 2023-12-31 | $18.87 Billion | $5.18 Billion | 0.275x | +93.87% |
| 2022-12-31 | $18.12 Billion | $2.57 Billion | 0.142x | +18.02% |
| 2021-12-31 | $17.65 Billion | $2.12 Billion | 0.120x | +150.26% |
| 2020-12-31 | $17.08 Billion | $819.39 Million | 0.048x | -30.93% |
| 2019-12-31 | $18.57 Billion | $1.29 Billion | 0.069x | +120.89% |
| 2018-12-31 | $17.61 Billion | $553.94 Million | 0.031x | -60.27% |
| 2017-12-31 | $16.83 Billion | $1.33 Billion | 0.079x | -21.30% |
| 2016-12-31 | $16.49 Billion | $1.66 Billion | 0.101x | -- |
About Shanghai Zhenhua Heavy Industries Co Ltd B
Shanghai Zhenhua Heavy Industries Co., Ltd., together with its subsidiaries, engages in the manufacture and sale of heavy-duty equipment in Chinese Mainland, rest of Asia, Africa, North America, Europe, South America, Oceania, and internationally. The company offers port machinery, including STS crane, RMG/RTG crane, bulk-cargo machinery, port mobile handling machinery, and automated terminal; of… Read more