NetDragon Websoft Holdings Limited (3ND) - Cash Flow Conversion Efficiency

Latest as of June 2023: 0.034x

Based on the latest financial reports, NetDragon Websoft Holdings Limited (3ND) has a cash flow conversion efficiency ratio of 0.034x 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 (€228.50 Million ≈ $267.14 Million USD) by net assets (€6.79 Billion ≈ $7.94 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See NetDragon Websoft Holdings Limited balance sheet quality to measure how much of total assets are equity-financed.

NetDragon Websoft Holdings Limited - Cash Flow Conversion Efficiency Trend (2013–2024)

This chart illustrates how NetDragon Websoft Holdings Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check 3ND cash to earnings ratio to evaluate the quality of earnings relative to operating cash generation.

NetDragon Websoft Holdings Limited Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of NetDragon Websoft Holdings Limited ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Elmera Group ASA OL:ELMRA	-0.633x
Guangdong Hybribio Biotech Co Ltd SHE:300639	0.018x
Zhejiang Xinneng Photovoltaic Technology Co Ltd SHG:603105	0.082x
Mayville Engineering Co Inc NYSE:MEC	-0.012x
TINC Comm VA BR:TINC	0.022x
Hunan Lead Power Dazhi Technology Inc Co SHE:300530	-0.195x
Wirtualna Polska Holding SA WAR:WPL	-0.006x
Xinjiang East Universe Group Gas Co Ltd SHG:603706	0.052x

Annual Cash Flow Conversion Efficiency for NetDragon Websoft Holdings Limited (2013–2024)

The table below shows the annual cash flow conversion efficiency of NetDragon Websoft Holdings Limited from 2013 to 2024. For the full company profile with market capitalisation and key ratios, see NetDragon Websoft Holdings Limited market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	€5.87 Billion ≈ $6.86 Billion	€1.05 Billion ≈ $1.23 Billion	0.179x	-0.70%
2023-12-31	€6.17 Billion ≈ $7.22 Billion	€1.11 Billion ≈ $1.30 Billion	0.181x	+11.38%
2022-12-31	€6.60 Billion ≈ $7.71 Billion	€1.07 Billion ≈ $1.25 Billion	0.162x	+11.70%
2021-12-31	€7.07 Billion ≈ $8.27 Billion	€1.03 Billion ≈ $1.20 Billion	0.145x	-27.38%
2020-12-31	€6.65 Billion ≈ $7.78 Billion	€1.33 Billion ≈ $1.55 Billion	0.200x	-8.86%
2019-12-31	€5.36 Billion ≈ $6.27 Billion	€1.18 Billion ≈ $1.37 Billion	0.219x	+51.63%
2018-12-31	€4.80 Billion ≈ $5.61 Billion	€694.13 Million ≈ $811.51 Million	0.145x	+92.42%
2017-12-31	€4.48 Billion ≈ $5.24 Billion	€337.07 Million ≈ $394.07 Million	0.075x	+206.46%
2016-12-31	€3.83 Billion ≈ $4.48 Billion	€-270.32 Million ≈ $-316.03 Million	-0.071x	-136.82%
2015-12-31	€4.30 Billion ≈ $5.03 Billion	€-128.32 Million ≈ $-150.01 Million	-0.030x	+44.45%
2014-12-31	€4.62 Billion ≈ $5.40 Billion	€-247.83 Million ≈ $-289.74 Million	-0.054x	-134.42%
2013-12-31	€4.62 Billion ≈ $5.40 Billion	€720.96 Million ≈ $842.88 Million	0.156x	--

About NetDragon Websoft Holdings Limited

F:3ND Germany Electronic Gaming & Multimedia

Market Cap

$525.71 Million

€449.67 Million EUR

Market Cap Rank

#11771 Global

#1320 in Germany

Share Price

€0.86

Change (1 day)

+1.18%

52-Week Range

€0.76 - €1.76

All Time High

€1.76