Ningbo Kangqiang Electronics Co Ltd (002119) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Ningbo Kangqiang Electronics Co Ltd (002119) has a cash flow conversion efficiency ratio of 0.001x as of September 2025. 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 (CN¥991.92K ≈ $145.15K USD) by net assets (CN¥1.45 Billion ≈ $212.53 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Ningbo Kangqiang Electronics Co Ltd - Cash Flow Conversion Efficiency Trend (2003–2024)
This chart illustrates how Ningbo Kangqiang Electronics Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read Ningbo Kangqiang Electronics Co Ltd total liabilities for a breakdown of total debt and financial obligations.
Ningbo Kangqiang Electronics Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Ningbo Kangqiang Electronics Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Hapvida Participações e Investimentos S.A.
SA:HAPV3
|
-0.014x |
|
Jiaxing ZMAX Optech Co. Ltd. A
SHG:688307
|
N/A |
|
ROMANDE ENERGIE SA
SW:REHN
|
0.025x |
|
Create Technology & Science Co Ltd
SHE:000551
|
0.010x |
|
Mivtach Shamir
TA:MISH
|
-0.109x |
|
Dongwon Ind
KO:006040
|
0.078x |
|
NPK International Inc.
NYSE:NPKI
|
0.054x |
|
Fujian Longma Envi Sanitation
SHG:603686
|
0.031x |
Annual Cash Flow Conversion Efficiency for Ningbo Kangqiang Electronics Co Ltd (2003–2024)
The table below shows the annual cash flow conversion efficiency of Ningbo Kangqiang Electronics Co Ltd from 2003 to 2024. For the full company profile with market capitalisation and key ratios, see market cap of Ningbo Kangqiang Electronics Co Ltd.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥1.37 Billion ≈ $200.07 Million |
CN¥43.92 Million ≈ $6.43 Million |
0.032x | +434.07% |
| 2023-12-31 | CN¥1.30 Billion ≈ $189.54 Million |
CN¥7.79 Million ≈ $1.14 Million |
0.006x | -97.52% |
| 2022-12-31 | CN¥1.23 Billion ≈ $179.39 Million |
CN¥297.40 Million ≈ $43.52 Million |
0.243x | +146.50% |
| 2021-12-31 | CN¥1.14 Billion ≈ $167.22 Million |
CN¥112.46 Million ≈ $16.46 Million |
0.098x | -40.45% |
| 2020-12-31 | CN¥971.20 Million ≈ $142.12 Million |
CN¥160.49 Million ≈ $23.49 Million |
0.165x | +1853.90% |
| 2019-12-31 | CN¥892.65 Million ≈ $130.62 Million |
CN¥-8.41 Million ≈ $-1.23 Million |
-0.009x | -104.22% |
| 2018-12-31 | CN¥809.71 Million ≈ $118.49 Million |
CN¥180.67 Million ≈ $26.44 Million |
0.223x | +1052.24% |
| 2017-12-31 | CN¥808.58 Million ≈ $118.32 Million |
CN¥15.66 Million ≈ $2.29 Million |
0.019x | -90.66% |
| 2016-12-31 | CN¥754.44 Million ≈ $110.40 Million |
CN¥156.38 Million ≈ $22.88 Million |
0.207x | -4.24% |
| 2015-12-31 | CN¥703.43 Million ≈ $102.93 Million |
CN¥152.26 Million ≈ $22.28 Million |
0.216x | -33.59% |
| 2014-12-31 | CN¥757.42 Million ≈ $110.83 Million |
CN¥246.88 Million ≈ $36.13 Million |
0.326x | +85.09% |
| 2013-12-31 | CN¥754.26 Million ≈ $110.37 Million |
CN¥132.82 Million ≈ $19.44 Million |
0.176x | +309.89% |
| 2012-12-31 | CN¥651.41 Million ≈ $95.32 Million |
CN¥-54.65 Million ≈ $-8.00 Million |
-0.084x | -157.53% |
| 2011-12-31 | CN¥648.88 Million ≈ $94.95 Million |
CN¥94.63 Million ≈ $13.85 Million |
0.146x | +224.89% |
| 2010-12-31 | CN¥690.16 Million ≈ $100.99 Million |
CN¥-80.59 Million ≈ $-11.79 Million |
-0.117x | -325.87% |
| 2009-12-31 | CN¥629.45 Million ≈ $92.11 Million |
CN¥32.54 Million ≈ $4.76 Million |
0.052x | +903.75% |
| 2008-12-31 | CN¥552.98 Million ≈ $80.92 Million |
CN¥2.85 Million ≈ $416.76K |
0.005x | +102.69% |
| 2007-12-31 | CN¥556.45 Million ≈ $81.43 Million |
CN¥-106.58 Million ≈ $-15.60 Million |
-0.192x | -141.53% |
| 2006-12-31 | CN¥181.99 Million ≈ $26.63 Million |
CN¥83.93 Million ≈ $12.28 Million |
0.461x | +132.58% |
| 2005-12-31 | CN¥161.26 Million ≈ $23.60 Million |
CN¥31.98 Million ≈ $4.68 Million |
0.198x | -29.63% |
| 2004-12-31 | CN¥128.50 Million ≈ $18.80 Million |
CN¥36.21 Million ≈ $5.30 Million |
0.282x | +422.85% |
| 2003-12-31 | CN¥107.85 Million ≈ $15.78 Million |
CN¥-9.41 Million ≈ $-1.38 Million |
-0.087x | -- |
About Ningbo Kangqiang Electronics Co Ltd
Ningbo Kangqiang Electronics Co., Ltd, together with its subsidiaries, develops, manufactures, and sells semiconductor packaging materials in China. It offers stamping frameworks, etching frames, bonding wires, and LED frameworks, as well as wire electrodes, multi-station integrated circuit frame progressive molds, and lead frames. The company was founded in 1992 and is based in Ningbo, China.