Ningbo Tech-Bank Co Ltd (002124) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.051x

Based on the latest financial reports, Ningbo Tech-Bank Co Ltd (002124) has a cash flow conversion efficiency ratio of 0.051x 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¥202.74 Million ≈ $29.67 Million USD) by net assets (CN¥4.01 Billion ≈ $586.72 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 Tech-Bank Co Ltd - Cash Flow Conversion Efficiency Trend (2005–2024)

This chart illustrates how Ningbo Tech-Bank Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read 002124 total debt and obligations for a breakdown of total debt and financial obligations.

Ningbo Tech-Bank Co Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Ningbo Tech-Bank Co Ltd ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Sanofi India Limited NSE:SANOFI	0.194x
Ams AG SW:AMS	0.120x
Xinjiang Yilite Industry Co Ltd SHG:600197	-0.016x
Chongqing Constr Engineering SHG:600939	-0.012x
Power Mech Projects Limited NSE:POWERMECH	0.087x
Jiangsu Rainbow Heavy Industries Co Ltd SHE:002483	0.014x
Zhejiang Chunhui Intelligent Control Co. Ltd. SHE:300943	-0.001x
Hua Yuan Property Co Ltd SHG:600743	0.133x

Annual Cash Flow Conversion Efficiency for Ningbo Tech-Bank Co Ltd (2005–2024)

The table below shows the annual cash flow conversion efficiency of Ningbo Tech-Bank Co Ltd from 2005 to 2024. For the full company profile with market capitalisation and key ratios, see 002124 market cap.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CN¥3.75 Billion ≈ $548.27 Million	CN¥-964.09 Million ≈ $-141.08 Million	-0.257x	-322.01%
2023-12-31	CN¥2.28 Billion ≈ $333.82 Million	CN¥264.41 Million ≈ $38.69 Million	0.116x	-29.83%
2022-12-31	CN¥3.99 Billion ≈ $583.22 Million	CN¥658.27 Million ≈ $96.33 Million	0.165x	+210.29%
2021-12-31	CN¥3.71 Billion ≈ $542.99 Million	CN¥-555.71 Million ≈ $-81.32 Million	-0.150x	-129.59%
2020-12-31	CN¥8.80 Billion ≈ $1.29 Billion	CN¥4.45 Billion ≈ $651.63 Million	0.506x	+175.77%
2019-12-31	CN¥2.90 Billion ≈ $424.10 Million	CN¥531.94 Million ≈ $77.84 Million	0.184x	+131.59%
2018-12-31	CN¥2.40 Billion ≈ $350.74 Million	CN¥189.96 Million ≈ $27.80 Million	0.079x	-27.85%
2017-12-31	CN¥3.05 Billion ≈ $445.99 Million	CN¥334.80 Million ≈ $48.99 Million	0.110x	-69.50%
2016-12-31	CN¥1.42 Billion ≈ $208.44 Million	CN¥513.02 Million ≈ $75.07 Million	0.360x	+83.79%
2015-12-31	CN¥1.13 Billion ≈ $164.69 Million	CN¥220.55 Million ≈ $32.27 Million	0.196x	+42.57%
2014-12-31	CN¥620.06 Million ≈ $90.73 Million	CN¥85.23 Million ≈ $12.47 Million	0.137x	-53.78%
2013-12-31	CN¥615.52 Million ≈ $90.07 Million	CN¥183.03 Million ≈ $26.78 Million	0.297x	+46.48%
2012-12-31	CN¥516.92 Million ≈ $75.64 Million	CN¥104.94 Million ≈ $15.36 Million	0.203x	+65.14%
2011-12-31	CN¥484.26 Million ≈ $70.86 Million	CN¥59.53 Million ≈ $8.71 Million	0.123x	+14307.29%
2010-12-31	CN¥453.17 Million ≈ $66.31 Million	CN¥386.65K ≈ $56.58K	0.001x	-99.74%
2009-12-31	CN¥440.76 Million ≈ $64.50 Million	CN¥146.45 Million ≈ $21.43 Million	0.332x	+733.95%
2008-12-31	CN¥424.79 Million ≈ $62.16 Million	CN¥16.92 Million ≈ $2.48 Million	0.040x	+123.91%
2007-12-31	CN¥334.37 Million ≈ $48.93 Million	CN¥-55.72 Million ≈ $-8.15 Million	-0.167x	-554.19%
2006-12-31	CN¥102.65 Million ≈ $15.02 Million	CN¥3.77 Million ≈ $551.13K	0.037x	-47.27%
2005-12-31	CN¥111.42 Million ≈ $16.30 Million	CN¥7.75 Million ≈ $1.13 Million	0.070x	--

About Ningbo Tech-Bank Co Ltd

SHE:002124 China Farm Products

Market Cap

$848.61 Million

CN¥5.80 Billion CNY

Market Cap Rank

#9864 Global

#2793 in China

Share Price

CN¥2.61

Change (1 day)

-1.51%

52-Week Range

CN¥2.28 - CN¥3.59

All Time High

CN¥14.75