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.
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. Read debt load of The9 Ltd ADR for a breakdown of total debt and financial obligations.
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 |
|---|---|
|
GTPL Hathway Limited
NSE:GTPL
|
0.101x |
|
Anfield Resources Inc
V:AEC
|
-0.103x |
|
Cloud Technologies S.A
WAR:CLD
|
0.037x |
|
ZUE SA
WAR:ZUE
|
0.137x |
|
Ten Ren Tea Co Ltd
TW:1233
|
0.036x |
|
Radhika Jeweltech Limited
NSE:RADHIKAJWE
|
0.003x |
|
IMI PLC
LSE:IMI
|
0.259x |
|
Pieridae Energy Ltd
TO:PEA
|
0.170x |
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 company net worth.
| 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