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. See Shanghai Zhenhua Heavy Industries Co Ltd balance sheet independence to measure how much of total assets are equity-financed.
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. Check Shanghai Zhenhua Heavy Industries Co Ltd (900947) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Smartgen (Zhengzhou) Technology Co. Ltd. A
SHE:301361
|
N/A |
|
Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd.
SHE:301289
|
-0.003x |
|
Texmaco Rail & Engineering Limited
NSE:TEXRAIL
|
0.088x |
|
Mativ Holdings Inc.
NYSE:MATV
|
0.039x |
|
Yingkou Jinchen Mach Co Ltd
SHG:603396
|
0.076x |
|
FMS Enterprises Migun Ltd
TA:FBRT
|
0.048x |
|
Lake Materials Co. Ltd.
KQ:281740
|
0.072x |
|
Xiamen Yanjan New Material Co Ltd
SHE:300658
|
0.069x |
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. For the full company profile with market capitalisation and key ratios, see Shanghai Zhenhua Heavy Industries Co Ltd stock valuation.
| 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