Luoyang Northglass Technology Co Ltd Cash Flow Conversion Efficiency
Luoyang Northglass Technology Co Ltd 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.
Cash Flow Conversion Efficiency of Luoyang Northglass Technology Co Ltd (2007–2024)
Cash flow conversion efficiency of Luoyang Northglass Technology Co Ltd from 2007 to 2024. This chart illustrates how Luoyang Northglass Technology Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. View 002613 share price today for real-time trading data and today's change.
Luoyang Northglass Technology Co Ltd Cash Flow Conversion Ratio Explained
Luoyang Northglass Technology Co Ltd cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
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. Also see market value of Luoyang Northglass Technology Co Ltd for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Pekat Group Bhd
KLSE:0233
|
0.033x |
|
Shanghai Shentong Metro Co Ltd
SHG:600834
|
-0.012x |
|
Guangdong Green Precision Components Co. Ltd.
SHE:300968
|
-0.033x |
|
Shenzhen Jasic Tech Co
SHE:300193
|
0.030x |
|
Dream Unlimited Corp
TO:DRM
|
0.032x |
|
Shanghai Lili & Beauty Cosmetics Co Ltd
SHG:605136
|
-0.031x |
|
Zhejiang Orient Gene Biotech Co Ltd
SHG:688298
|
-0.005x |
|
Shenzhen Sosen Electronics Co.Ltd.
SHE:301002
|
-0.007x |
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. Review how much free cash does Luoyang Northglass Technology Co Ltd generate to assess how much free cash flow the company generates relative to operating cash flow.
| 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