The9 Ltd ADR (NCTY) - Cash Flow Conversion Efficiency
Based on the latest financial reports, The9 Ltd ADR (NCTY) has a cash flow conversion efficiency ratio of 7.348x as of March 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 ($202.35 Million) by net assets ($27.54 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See NCTY equity financing ratio to measure how much of total assets are equity-financed.
The9 Ltd ADR - Cash Flow Conversion Efficiency Trend (2001–2024)
This chart illustrates how The9 Ltd ADR's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check The9 Ltd ADR cash earnings quality to evaluate the quality of earnings relative to operating cash generation.
The9 Ltd ADR Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of The9 Ltd ADR ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Eldeco Housing And Industries Limited
NSE:ELDEHSG
|
0.082x |
|
Future Vision II Acquisition Corporation Ordinary shares
NASDAQ:FVN
|
-0.002x |
|
S.D. STANDARD ETC DL-03
F:S1P
|
0.110x |
|
Transaction Capital
JSE:TCP
|
-0.519x |
|
FM Global Logistics Holdings Bhd
KLSE:7210
|
0.028x |
|
Gowing Bros Ltd
AU:GOW
|
-0.003x |
|
HANSARD GLOBAL PLC LS-50
F:H9G
|
N/A |
|
Ann Joo Resources Bhd
KLSE:6556
|
0.053x |
Annual Cash Flow Conversion Efficiency for The9 Ltd ADR (2001–2024)
The table below shows the annual cash flow conversion efficiency of The9 Ltd ADR from 2001 to 2024. For the full company profile with market capitalisation and key ratios, see NCTY market cap.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $427.51 Million | $-44.20 Million | -0.103x | +59.53% |
| 2023-12-31 | $181.34 Million | $-46.32 Million | -0.255x | +95.45% |
| 2022-12-31 | $27.54 Million | $-154.74 Million | -5.619x | -523.82% |
| 2021-12-31 | $763.46 Million | $-687.69 Million | -0.901x | -665.82% |
| 2020-12-31 | $-667.44 Million | $-106.25 Million | 0.159x | +262.00% |
| 2019-12-31 | $-1.23 Billion | $-54.18 Million | 0.044x | -52.86% |
| 2018-12-31 | $-1.08 Billion | $-101.20 Million | 0.093x | -13.62% |
| 2017-12-31 | $-802.35 Million | $-86.65 Million | 0.108x | -72.83% |
| 2016-12-31 | $-455.28 Million | $-180.99 Million | 0.398x | -85.86% |
| 2015-12-31 | $-62.47 Million | $-175.59 Million | 2.811x | +305.12% |
| 2014-12-31 | $196.39 Million | $-269.10 Million | -1.370x | +27.14% |
| 2013-12-31 | $190.13 Million | $-357.57 Million | -1.881x | -188.02% |
| 2012-12-31 | $749.21 Million | $-489.19 Million | -0.653x | -201.73% |
| 2011-12-31 | $1.25 Billion | $-270.89 Million | -0.216x | -34.20% |
| 2010-12-31 | $1.54 Billion | $-247.55 Million | -0.161x | -206.04% |
| 2009-12-31 | $2.01 Billion | $-106.09 Million | -0.053x | -120.69% |
| 2008-12-31 | $2.72 Billion | $692.63 Million | 0.255x | +15.92% |
| 2007-12-31 | $2.81 Billion | $617.48 Million | 0.220x | -50.98% |
| 2006-12-31 | $1.34 Billion | $598.40 Million | 0.448x | +183.57% |
| 2005-12-31 | $942.37 Million | $148.96 Million | 0.158x | +295.36% |
| 2004-12-31 | $877.51 Million | $35.08 Million | 0.040x | +100.88% |
| 2003-12-31 | $-12.65 Million | $57.71 Million | -4.561x | -7762.04% |
| 2002-12-31 | $-58.46 Million | $3.39 Million | -0.058x | -113.08% |
| 2001-12-31 | $-30.14 Million | $-13.37 Million | 0.444x | -- |
About The9 Ltd ADR
The9 Limited operates as a cryptocurrency mining company in China, Eastern Europe, Asia, and North America. The company provides IT with technical services for the operation of computer software and related businesses, including the provision of systematic solutions for the operation of internet websites, the rental of computer and internet facilities, daily maintenance of internet servers and da… Read more