Luoyang Northglass Technology Co Ltd (002613) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Luoyang Northglass Technology Co Ltd (002613) has a cash flow conversion efficiency ratio of 0.040x 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¥88.16 Million ≈ $12.90 Million USD) by net assets (CN¥2.22 Billion ≈ $325.05 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See 002613 equity financing ratio to measure how much of total assets are equity-financed.
Luoyang Northglass Technology Co Ltd - Cash Flow Conversion Efficiency Trend (2007–2024)
This chart illustrates how Luoyang Northglass Technology Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check how high is Luoyang Northglass Technology Co Ltd's earnings quality to evaluate the quality of earnings relative to operating cash generation.
Luoyang Northglass Technology Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Luoyang Northglass Technology Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Ningxia Qinglong Pipes Industry Co Ltd
SHE:002457
|
0.044x |
|
Thesis Gold Inc
V:TAU
|
-0.019x |
|
Guangdong Piano Customized Furniture Co Ltd
SHE:002853
|
0.016x |
|
Zhejiang Jinghua Laser Technology Co Ltd Class A
SHG:603607
|
0.077x |
|
Nanjing Baose Co Ltd
SHE:300402
|
-0.058x |
|
Shenzhen Jasic Tech Co
SHE:300193
|
0.030x |
|
Avax S.A
AT:AVAX
|
0.076x |
|
Zhejiang Gongdong Medical Technology Co Ltd
SHG:605369
|
0.034x |
Annual Cash Flow Conversion Efficiency for Luoyang Northglass Technology Co Ltd (2007–2024)
The table below shows the annual cash flow conversion efficiency of Luoyang Northglass Technology Co Ltd from 2007 to 2024. For the full company profile with market capitalisation and key ratios, see Luoyang Northglass Technology Co Ltd market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥2.24 Billion ≈ $327.26 Million |
CN¥214.38 Million ≈ $31.37 Million |
0.096x | +41.06% |
| 2023-12-31 | CN¥1.74 Billion ≈ $254.74 Million |
CN¥118.29 Million ≈ $17.31 Million |
0.068x | +812.44% |
| 2022-12-31 | CN¥1.66 Billion ≈ $243.00 Million |
CN¥12.37 Million ≈ $1.81 Million |
0.007x | -54.25% |
| 2021-12-31 | CN¥1.62 Billion ≈ $237.56 Million |
CN¥26.43 Million ≈ $3.87 Million |
0.016x | -8.08% |
| 2020-12-31 | CN¥1.60 Billion ≈ $233.85 Million |
CN¥28.30 Million ≈ $4.14 Million |
0.018x | -46.72% |
| 2019-12-31 | CN¥1.59 Billion ≈ $232.41 Million |
CN¥52.79 Million ≈ $7.72 Million |
0.033x | +60.70% |
| 2018-12-31 | CN¥1.57 Billion ≈ $229.11 Million |
CN¥32.38 Million ≈ $4.74 Million |
0.021x | +802.12% |
| 2017-12-31 | CN¥1.62 Billion ≈ $236.43 Million |
CN¥-4.76 Million ≈ $-696.49K |
-0.003x | -106.41% |
| 2016-12-31 | CN¥1.62 Billion ≈ $236.79 Million |
CN¥74.33 Million ≈ $10.88 Million |
0.046x | +69.84% |
| 2015-12-31 | CN¥1.61 Billion ≈ $235.41 Million |
CN¥43.51 Million ≈ $6.37 Million |
0.027x | +211.63% |
| 2014-12-31 | CN¥1.55 Billion ≈ $227.23 Million |
CN¥-37.62 Million ≈ $-5.51 Million |
-0.024x | -229.50% |
| 2013-12-31 | CN¥1.55 Billion ≈ $226.79 Million |
CN¥28.99 Million ≈ $4.24 Million |
0.019x | -72.21% |
| 2012-12-31 | CN¥1.50 Billion ≈ $219.44 Million |
CN¥100.94 Million ≈ $14.77 Million |
0.067x | +71.14% |
| 2011-12-31 | CN¥1.53 Billion ≈ $224.01 Million |
CN¥60.21 Million ≈ $8.81 Million |
0.039x | -61.16% |
| 2010-12-31 | CN¥602.44 Million ≈ $88.16 Million |
CN¥61.00 Million ≈ $8.93 Million |
0.101x | -58.25% |
| 2009-12-31 | CN¥505.91 Million ≈ $74.03 Million |
CN¥122.71 Million ≈ $17.96 Million |
0.243x | +245.28% |
| 2008-12-31 | CN¥434.11 Million ≈ $63.52 Million |
CN¥30.50 Million ≈ $4.46 Million |
0.070x | -77.10% |
| 2007-12-31 | CN¥373.91 Million ≈ $54.72 Million |
CN¥114.70 Million ≈ $16.78 Million |
0.307x | -- |
About Luoyang Northglass Technology Co Ltd
Luoyang Northglass Technology Co.,Ltd designs, develops, manufactures, and sells glass deep processing equipment in China. The company's deep processing equipment comprises glass tempering furnaces, coating lines, glass automation systems, glass storage systems, glass cutting machines, buffer systems, and vertical seaming and washer machines. It also offers processed glass products, such as lamin… Read more