Nongfu Spring Co., Ltd. researches, develops, produces, and markets packaged drinking water and beverage products primarily in Mainland China. It operates through five segments: Water Products, Ready-To-Drink Tea Products, Functional Drinks Products, Juice Beverage Products, and Other Products. The company also offers ready-to-drink tea beverage beverages; functional drink products; fruit juice products; and other beverage products, soda water, sparkling flavored, lemon juice, and coffee beverages, as well as agricultural products co… Read more
Nongfu Spring Co. Ltd (NNFSF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2024: 0.210x
Based on the latest financial reports, Nongfu Spring Co. Ltd (NNFSF) has a cash flow conversion efficiency ratio of 0.210x as of June 2024.
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 ($5.54 Billion) by net assets ($26.40 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Nongfu Spring Co. Ltd - Cash Flow Conversion Efficiency Trend (2017–2024)
This chart illustrates how Nongfu Spring Co. Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Nongfu Spring Co. Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Nongfu Spring Co. Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
XCMG Construction Machinery Co Ltd
SHE:000425
|
0.002x |
|
Vornado Realty Trust
PINK:VNORP
|
-0.007x |
|
Godrej Consumer Products Limited
NSE:GODREJCP
|
0.009x |
|
ASX Ltd
AU:ASX
|
-0.080x |
|
Exor NV
PINK:EXXRF
|
0.005x |
|
Corebridge Financial Inc.
NYSE:CRBG
|
0.029x |
|
Victory Giant Technology Huizhou Co Ltd
SHE:300476
|
0.036x |
|
Power Assets Holdings Limited
PINK:HGKGF
|
0.009x |
Annual Cash Flow Conversion Efficiency for Nongfu Spring Co. Ltd (2017–2024)
The table below shows the annual cash flow conversion efficiency of Nongfu Spring Co. Ltd from 2017 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $32.29 Billion | $11.02 Billion | 0.341x | -43.64% |
| 2023-12-31 | $28.57 Billion | $17.30 Billion | 0.606x | +21.14% |
| 2022-12-31 | $24.08 Billion | $12.04 Billion | 0.500x | -9.03% |
| 2021-12-31 | $20.74 Billion | $11.40 Billion | 0.550x | +1.02% |
| 2020-12-31 | $15.49 Billion | $8.43 Billion | 0.544x | -28.04% |
| 2019-12-31 | $9.88 Billion | $7.47 Billion | 0.756x | +135.43% |
| 2018-12-31 | $14.42 Billion | $4.63 Billion | 0.321x | -23.66% |
| 2017-12-31 | $11.17 Billion | $4.70 Billion | 0.421x | -- |