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 defensive interval ratio to measure how many days the company can operate on defensive assets alone.

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.

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
Antofagasta PLC LSE:ANTO	0.043x
Mercuries & Associates Holding Ltd TW:2905	-0.043x
Yieh United Steel TWO:9957	-0.055x
Shenzhen Zowee Tech Co Ltd SHE:002369	-0.047x
Studio Dragon Corporation KQ:253450	0.024x
Jilin University Zhengyuan Info Tech SHE:003029	-0.019x
Guangdong Hybribio Biotech Co Ltd SHE:300639	0.018x
Shanghai Karon Eco-Valve Manufacturing Co. Ltd. SHE:301151	0.167x

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 how much is NetDragon Websoft Holdings Limited worth.

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

$507.26 Million

€433.89 Million EUR

Market Cap Rank

#12370 Global

#1333 in Germany

Share Price

€0.83

Change (1 day)

+1.85%

52-Week Range

€0.81 - €1.76

All Time High

€1.76