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.

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. Read total liabilities of New Hope Dairy Co Ltd for a breakdown of total debt and financial obligations.

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
Odfjell Drilling Ltd OL:ODL	0.063x
ANSELL (UNSP.ADRS)/4 F:PD1	N/A
Ral Yatirim Holding AS IS:RALYH	0.214x
Unibel S.A PA:UNBL	0.077x
ADMA Biologics Inc NASDAQ:ADMA	0.075x
Ebos Group Ltd AU:EBO	0.011x
Trustmark Corporation NASDAQ:TRMK	0.027x
Shenyang Xingqi Pharmaceutical Co Ltd SHE:300573	0.145x

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 New Hope Dairy Co Ltd (002946) total market value.

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

$2.51 Billion

CN¥17.14 Billion CNY

Market Cap Rank

#5480 Global

#1112 in China

Share Price

CN¥19.91

Change (1 day)

+1.12%

52-Week Range

CN¥16.22 - CN¥21.35

All Time High

CN¥24.96