New Hope Dairy Co Ltd (002946) - Cash Flow Conversion Efficiency

Latest 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 ≈ $61.92 Million USD) by net assets (CN¥3.75 Billion ≈ $549.14 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 New Hope Dairy Co Ltd net asset quality index to measure how much of total assets are equity-financed.

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. Check 002946 cash to earnings ratio to evaluate the quality of earnings relative to operating cash generation.

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
Calumet Specialty Products Partners NASDAQ:CLMT	-0.223x
DXP Enterprises Inc NASDAQ:DXPE	0.071x
BeiJing DaHao Technology Co Lt SHG:603025	0.051x
EMEIS SA PA:EMEIS	0.441x
EIH Limited NSE:EIHOTEL	0.054x
Heartflow, Inc. Common Stock NASDAQ:HTFL	-0.012x
Carl Zeiss Meditec AG F:AFX	0.068x
Willfar Information Technology Co Ltd SHG:688100	0.033x

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. For the full company profile with market capitalisation and key ratios, see 002946 stock market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CN¥3.14 Billion ≈ $459.83 Million	CN¥1.49 Billion ≈ $218.22 Million	0.475x	-19.56%
2023-12-31	CN¥2.64 Billion ≈ $386.23 Million	CN¥1.56 Billion ≈ $227.85 Million	0.590x	+52.16%
2022-12-31	CN¥2.67 Billion ≈ $390.14 Million	CN¥1.03 Billion ≈ $151.26 Million	0.388x	+7.48%
2021-12-31	CN¥2.87 Billion ≈ $419.87 Million	CN¥1.04 Billion ≈ $151.46 Million	0.361x	+43.44%
2020-12-31	CN¥2.86 Billion ≈ $418.62 Million	CN¥719.44 Million ≈ $105.28 Million	0.251x	-18.56%
2019-12-31	CN¥2.06 Billion ≈ $300.91 Million	CN¥635.01 Million ≈ $92.92 Million	0.309x	+8.91%
2018-12-31	CN¥1.54 Billion ≈ $225.67 Million	CN¥437.26 Million ≈ $63.99 Million	0.284x	-19.11%
2017-12-31	CN¥1.31 Billion ≈ $191.66 Million	CN¥459.08 Million ≈ $67.18 Million	0.351x	-17.90%
2016-12-31	CN¥1.07 Billion ≈ $156.47 Million	CN¥456.50 Million ≈ $66.80 Million	0.427x	+29.83%
2015-12-31	CN¥1.38 Billion ≈ $202.34 Million	CN¥454.68 Million ≈ $66.53 Million	0.329x	-55.99%
2014-12-31	CN¥470.63 Million ≈ $68.87 Million	CN¥351.59 Million ≈ $51.45 Million	0.747x	--

About New Hope Dairy Co Ltd

SHE:002946 China Packaged Foods

Market Cap

$2.23 Billion

CN¥15.26 Billion CNY

Market Cap Rank

#5735 Global

#1052 in China

Share Price

CN¥17.73

Change (1 day)

-2.80%

52-Week Range

CN¥13.83 - CN¥19.96

All Time High

CN¥24.96