The9 Ltd ADR Cash Flow Conversion Efficiency
The9 Ltd ADR 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.
Cash Flow Conversion Efficiency of The9 Ltd ADR (2001–2024)
Cash flow conversion efficiency of The9 Ltd ADR from 2001 to 2024. This chart illustrates how The9 Ltd ADR's cash flow conversion efficiency has evolved over time, based on yearly financial data. View NCTY stock price and chart for real-time trading data and today's change.
The9 Ltd ADR Cash Flow Conversion Ratio Explained
The9 Ltd ADR 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.
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. Also see The9 Ltd ADR stock valuation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Australian Mines Ltd
AU:AUZ
|
-0.017x |
|
WINS Co. Ltd
KQ:136540
|
0.022x |
|
Kyungdong City Gas Co Ltd
KO:267290
|
0.112x |
|
Dong Yang Pipe
KO:008970
|
-0.111x |
|
Amata Summit Growth Freehold and Leasehold Real Estate Investment Trust
BK:AMATAR
|
0.017x |
|
Coloray International Investment Co. Ltd
KQ:900310
|
0.003x |
|
Iljin Diamond
KO:081000
|
0.020x |
|
Sirtec International Co Ltd
TWO:5356
|
-0.009x |
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. Review The9 Ltd ADR (NCTY) FCF generation index 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 | $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