Ninestar Corp (002180) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.016x

Based on the latest financial reports, Ninestar Corp (002180) has a cash flow conversion efficiency ratio of 0.016x 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¥156.71 Million ≈ $22.93 Million USD) by net assets (CN¥9.77 Billion ≈ $1.43 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Ninestar Corp defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Ninestar Corp - Cash Flow Conversion Efficiency Trend (2004–2025)

This chart illustrates how Ninestar Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data.

Ninestar Corp Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Ninestar Corp ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Pony AI Inc. American Depositary Shares NASDAQ:PONY	-0.017x
Jiangxi Hongdu Aviation Industry Co Ltd SHG:600316	0.092x
Beijing Xinleineng Technology Co Ltd SHE:300593	-0.024x
Manappuram Finance Limited NSE:MANAPPURAM	-0.196x
Brookfield Business Partners L.P. TO:BBU-UN	0.041x
Hoegh Autoliners ASA OL:HAUTO	0.458x
Flat Glass Group Co. Ltd SHG:601865	0.039x
Fujian Sunner Development Co Ltd SHE:002299	0.145x

Annual Cash Flow Conversion Efficiency for Ninestar Corp (2004–2025)

The table below shows the annual cash flow conversion efficiency of Ninestar Corp from 2004 to 2025. For the full company profile with market capitalisation and key ratios, see how much is Ninestar Corp worth.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	CN¥9.27 Billion ≈ $1.36 Billion	CN¥1.20 Billion ≈ $175.27 Million	0.129x	-51.62%
2024-12-31	CN¥10.23 Billion ≈ $1.50 Billion	CN¥2.73 Billion ≈ $399.96 Million	0.267x	-9.44%
2023-12-31	CN¥9.72 Billion ≈ $1.42 Billion	CN¥2.87 Billion ≈ $419.76 Million	0.295x	+389.84%
2022-12-31	CN¥18.75 Billion ≈ $2.74 Billion	CN¥1.13 Billion ≈ $165.22 Million	0.060x	-61.26%
2021-12-31	CN¥18.38 Billion ≈ $2.69 Billion	CN¥2.86 Billion ≈ $418.04 Million	0.155x	-11.68%
2020-12-31	CN¥12.93 Billion ≈ $1.89 Billion	CN¥2.28 Billion ≈ $333.18 Million	0.176x	-33.61%
2019-12-31	CN¥10.00 Billion ≈ $1.46 Billion	CN¥2.65 Billion ≈ $388.05 Million	0.265x	+5.19%
2018-12-31	CN¥8.56 Billion ≈ $1.25 Billion	CN¥2.16 Billion ≈ $315.92 Million	0.252x	+357.61%
2017-12-31	CN¥7.15 Billion ≈ $1.05 Billion	CN¥394.00 Million ≈ $57.66 Million	0.055x	+94.12%
2016-12-31	CN¥4.45 Billion ≈ $651.30 Million	CN¥126.30 Million ≈ $18.48 Million	0.028x	-73.99%
2015-12-31	CN¥1.95 Billion ≈ $285.12 Million	CN¥212.58 Million ≈ $31.11 Million	0.109x	-51.27%
2014-12-31	CN¥917.87 Million ≈ $134.31 Million	CN¥205.49 Million ≈ $30.07 Million	0.224x	+1134.53%
2013-12-31	CN¥365.39 Million ≈ $53.47 Million	CN¥6.63 Million ≈ $969.63K	0.018x	+137.79%
2012-12-31	CN¥379.03 Million ≈ $55.46 Million	CN¥-18.19 Million ≈ $-2.66 Million	-0.048x	-696.84%
2011-12-31	CN¥375.24 Million ≈ $54.91 Million	CN¥3.02 Million ≈ $441.55K	0.008x	-90.75%
2010-12-31	CN¥354.69 Million ≈ $51.90 Million	CN¥30.84 Million ≈ $4.51 Million	0.087x	+18.33%
2009-12-31	CN¥336.13 Million ≈ $49.19 Million	CN¥24.70 Million ≈ $3.61 Million	0.073x	+437.11%
2008-12-31	CN¥322.23 Million ≈ $47.15 Million	CN¥4.41 Million ≈ $645.11K	0.014x	-54.69%
2007-12-31	CN¥320.46 Million ≈ $46.89 Million	CN¥9.68 Million ≈ $1.42 Million	0.030x	-92.20%
2006-12-31	CN¥107.17 Million ≈ $15.68 Million	CN¥41.50 Million ≈ $6.07 Million	0.387x	+246.62%
2005-12-31	CN¥70.31 Million ≈ $10.29 Million	CN¥7.85 Million ≈ $1.15 Million	0.112x	-41.63%
2004-12-31	CN¥50.48 Million ≈ $7.39 Million	CN¥9.66 Million ≈ $1.41 Million	0.191x	--

About Ninestar Corp

SHE:002180 China Computer Hardware

Market Cap

$2.94 Billion

CN¥20.08 Billion CNY

Market Cap Rank

#5079 Global

#944 in China

Share Price

CN¥14.12

Change (1 day)

-1.74%

52-Week Range

CN¥13.95 - CN¥26.55

All Time High

CN¥57.69