New Hope Dairy Co Ltd (002946) - Cash Flow Conversion Efficiency
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. Also see New Hope Dairy Co Ltd (002946) market capitalisation for the company's overall valuation and market capitalisation.
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.
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. Explore New Hope Dairy Co Ltd cash earnings quality to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Klabin S.A
SA:KLBN3
|
0.062x |
|
InfoVision Optoelectronics Kunshan Co Ltd
SHG:688055
|
-0.009x |
|
Sparebank 1 Nord-Norge
OL:NONG
|
0.132x |
|
Australian United Investment Company Ltd
AU:AUI
|
0.021x |
|
Solar Applied Materials Technology
TWO:1785
|
0.003x |
|
Jiangsu Guotai International Group Guomao Co Ltd
SHE:002091
|
0.059x |
|
Aisino Corp
SHG:600271
|
-0.006x |
|
Anhui Jinhe Industrial Co Ltd
SHE:002597
|
0.036x |
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. View 002946 live share price for real-time trading data and today's change.
| 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
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