Changzhou NRB Corp (002708) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Changzhou NRB Corp (002708) has a cash flow conversion efficiency ratio of 0.042x 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¥71.29 Million ≈ $10.43 Million USD) by net assets (CN¥1.71 Billion ≈ $249.76 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 how leveraged is Changzhou NRB Corp's balance sheet to measure how much of total assets are equity-financed.
Changzhou NRB Corp - Cash Flow Conversion Efficiency Trend (2009–2024)
This chart illustrates how Changzhou NRB Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Changzhou NRB Corp cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
Changzhou NRB Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Changzhou NRB Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Aoyuan Beauty Valley Technology Co Ltd
SHE:000615
|
-0.002x |
|
Up Fintech Holding Ltd
NASDAQ:TIGR
|
0.778x |
|
Thunder Tiger Corp
TW:8033
|
-0.014x |
|
India Glycols Limited
NSE:INDIAGLYCO
|
0.036x |
|
Nufarm Ltd
AU:NUF
|
-0.169x |
|
JBG SMITH Properties
NYSE:JBGS
|
0.002x |
|
Xinjiang Qingsong Building Materials and Chemicals Group Co Ltd
SHG:600425
|
0.028x |
|
Theravance Biopharma Inc
F:0TB
|
-0.028x |
Annual Cash Flow Conversion Efficiency for Changzhou NRB Corp (2009–2024)
The table below shows the annual cash flow conversion efficiency of Changzhou NRB Corp from 2009 to 2024. For the full company profile with market capitalisation and key ratios, see 002708 market cap overview.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥1.72 Billion ≈ $251.03 Million |
CN¥-103.77 Million ≈ $-15.18 Million |
-0.060x | -1259.27% |
| 2023-12-31 | CN¥1.66 Billion ≈ $243.18 Million |
CN¥8.67 Million ≈ $1.27 Million |
0.005x | +104.69% |
| 2022-12-31 | CN¥1.24 Billion ≈ $182.07 Million |
CN¥-138.46 Million ≈ $-20.26 Million |
-0.111x | -252.39% |
| 2021-12-31 | CN¥1.43 Billion ≈ $209.56 Million |
CN¥-45.23 Million ≈ $-6.62 Million |
-0.032x | -134.93% |
| 2020-12-31 | CN¥1.47 Billion ≈ $215.43 Million |
CN¥133.10 Million ≈ $19.48 Million |
0.090x | +58.08% |
| 2019-12-31 | CN¥1.42 Billion ≈ $208.17 Million |
CN¥81.36 Million ≈ $11.91 Million |
0.057x | -54.93% |
| 2018-12-31 | CN¥1.41 Billion ≈ $206.37 Million |
CN¥178.98 Million ≈ $26.19 Million |
0.127x | +26.54% |
| 2017-12-31 | CN¥1.51 Billion ≈ $220.78 Million |
CN¥151.32 Million ≈ $22.14 Million |
0.100x | +347.42% |
| 2016-12-31 | CN¥1.52 Billion ≈ $221.84 Million |
CN¥33.98 Million ≈ $4.97 Million |
0.022x | -79.50% |
| 2015-12-31 | CN¥910.76 Million ≈ $133.27 Million |
CN¥99.57 Million ≈ $14.57 Million |
0.109x | +34.88% |
| 2014-12-31 | CN¥902.12 Million ≈ $132.01 Million |
CN¥73.12 Million ≈ $10.70 Million |
0.081x | +10.95% |
| 2013-12-31 | CN¥501.59 Million ≈ $73.40 Million |
CN¥36.64 Million ≈ $5.36 Million |
0.073x | +7.96% |
| 2012-12-31 | CN¥448.21 Million ≈ $65.59 Million |
CN¥30.33 Million ≈ $4.44 Million |
0.068x | -43.97% |
| 2011-12-31 | CN¥397.40 Million ≈ $58.15 Million |
CN¥48.00 Million ≈ $7.02 Million |
0.121x | +385.92% |
| 2010-12-31 | CN¥344.26 Million ≈ $50.38 Million |
CN¥-14.54 Million ≈ $-2.13 Million |
-0.042x | -118.45% |
| 2009-12-31 | CN¥240.85 Million ≈ $35.24 Million |
CN¥55.14 Million ≈ $8.07 Million |
0.229x | -- |
About Changzhou NRB Corp
Changzhou Nrb Corporation engages in the research, development, manufacture, and sale of auto precision bearing products in China and internationally. The company's primary products include needle, cylindrical and low friction tapered roller bearings; ball bearings; clutch release bearings; wheel hub bearings; synchronizer intermediate rings; elastic interlocking pins; and other automotive precis… Read more