New Hope Dairy Co Ltd
New Hope Dairy Co., Ltd. produces and sells dairy products in China. It offers pasteurized milk, ultra-high temperature milk, formulated milk, fermented milk, and other dairy products, as well as involved in food trading, dairy cattle breeding, and other businesses. New Hope Dairy Co., Ltd. was founded in 2006 and is based in Chengdu, China. New Hope Dairy Co., Ltd. operates as a subsidiary of UN… Read more
New Hope Dairy Co Ltd (002946) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: 0.113x
Based on the latest financial reports, New Hope Dairy Co Ltd (002946) has a cash flow conversion efficiency ratio of 0.113x 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¥423.16 Million) by net assets (CN¥3.75 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
New Hope Dairy Co Ltd - Cash Flow Conversion Efficiency Trend (2014–2024)
This chart illustrates how New Hope Dairy Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
New Hope Dairy Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of New Hope Dairy Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Shenzhen King Brother Electronics Technology Co.Ltd.
SHE:301041
|
N/A |
|
Sierra Bancorp
NASDAQ:BSRR
|
0.034x |
|
Weihai Guangtai Airport Equipment Co Ltd
SHE:002111
|
0.109x |
|
CSB Bank Limited
NSE:CSBBANK
|
0.336x |
|
Xiamen Savings Environmental
SHE:300056
|
0.030x |
|
Guangzhou Lingwe Technology Co. Ltd. A
SHE:301373
|
N/A |
|
Jiangsu Lianfa Textile Co Ltd
SHE:002394
|
-0.002x |
|
Guangdong Fuxin Technology Co. Ltd. A
SHG:688662
|
0.072x |
Annual Cash Flow Conversion Efficiency for New Hope Dairy Co Ltd (2014–2024)
The table below shows the annual cash flow conversion efficiency of New Hope Dairy Co Ltd from 2014 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥3.14 Billion | CN¥1.49 Billion | 0.475x | -19.56% |
| 2023-12-31 | CN¥2.64 Billion | CN¥1.56 Billion | 0.590x | +52.16% |
| 2022-12-31 | CN¥2.67 Billion | CN¥1.03 Billion | 0.388x | +7.48% |
| 2021-12-31 | CN¥2.87 Billion | CN¥1.04 Billion | 0.361x | +43.44% |
| 2020-12-31 | CN¥2.86 Billion | CN¥719.44 Million | 0.251x | -18.56% |
| 2019-12-31 | CN¥2.06 Billion | CN¥635.01 Million | 0.309x | +8.91% |
| 2018-12-31 | CN¥1.54 Billion | CN¥437.26 Million | 0.284x | -19.11% |
| 2017-12-31 | CN¥1.31 Billion | CN¥459.08 Million | 0.351x | -17.90% |
| 2016-12-31 | CN¥1.07 Billion | CN¥456.50 Million | 0.427x | +29.83% |
| 2015-12-31 | CN¥1.38 Billion | CN¥454.68 Million | 0.329x | -55.99% |
| 2014-12-31 | CN¥470.63 Million | CN¥351.59 Million | 0.747x | -- |