Shanghai Zhenhua Heavy Industries Co Ltd B Cash Flow Conversion Efficiency
Shanghai Zhenhua Heavy Industries Co Ltd B 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.
Cash Flow Conversion Efficiency of Shanghai Zhenhua Heavy Industries Co Ltd B (2016–2024)
Cash flow conversion efficiency of Shanghai Zhenhua Heavy Industries Co Ltd B from 2016 to 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. View Shanghai Zhenhua Heavy Industries Co Ltd stock quote for real-time trading data and today's change.
Shanghai Zhenhua Heavy Industries Co Ltd B Cash Flow Conversion Ratio Explained
Shanghai Zhenhua Heavy Industries Co Ltd B 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.
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. Also see how much is Shanghai Zhenhua Heavy Industries Co Ltd worth for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Shandong Haihua Co Ltd
SHE:000822
|
0.007x |
|
Mastek Limited
NSE:MASTEK
|
0.047x |
|
Wolong Real Estate Group Co Ltd
SHG:600173
|
0.016x |
|
Shenzhen Neptunus Bioengineering Co Ltd
SHE:000078
|
-0.008x |
|
Wam Global Ltd
AU:WGB
|
0.047x |
|
Binggrae
KO:005180
|
-0.014x |
|
NRB Bearing Limited
NSE:NRBBEARING
|
0.127x |
|
Beijing VRV Software Corp Ltd
SHE:300352
|
0.015x |
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. Review Shanghai Zhenhua Heavy Industries Co Ltd free cash flow generation to assess how much free cash flow the company generates relative to operating cash flow.
| 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