Northking Information Technology Co (002987) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.027x

Based on the latest financial reports, Northking Information Technology Co (002987) has a cash flow conversion efficiency ratio of 0.027x 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¥77.90 Million ≈ $11.40 Million USD) by net assets (CN¥2.91 Billion ≈ $426.22 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 debt-free asset ratio of Northking Information Technology Co to measure how much of total assets are equity-financed.

Northking Information Technology Co - Cash Flow Conversion Efficiency Trend (2016–2024)

This chart illustrates how Northking Information Technology Co's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check 002987 cash to earnings ratio to evaluate the quality of earnings relative to operating cash generation.

Northking Information Technology Co Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Northking Information Technology Co ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Shenzhen Heungkong Holding Co Ltd SHG:600162	-0.004x
Nongshim KO:004370	0.044x
Kinco Automation (Shanghai) Co. Ltd. A SHG:688160	N/A
Guangdong Guangzhou Daily Media Co Ltd SHE:002181	0.028x
China Bester Group Telecom Co Ltd SHG:603220	0.049x
Tibet Urban Development and Investment Co Ltd SHG:600773	-0.007x
Fujian Kuncai Material Tech SHG:603826	0.061x
QCR Holdings Inc NASDAQ:QCRH	0.004x

Annual Cash Flow Conversion Efficiency for Northking Information Technology Co (2016–2024)

The table below shows the annual cash flow conversion efficiency of Northking Information Technology Co from 2016 to 2024. For the full company profile with market capitalisation and key ratios, see Northking Information Technology Co stock valuation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CN¥2.81 Billion ≈ $410.94 Million	CN¥261.07 Million ≈ $38.20 Million	0.093x	+71.36%
2023-12-31	CN¥2.55 Billion ≈ $372.58 Million	CN¥138.13 Million ≈ $20.21 Million	0.054x	-10.56%
2022-12-31	CN¥2.22 Billion ≈ $325.30 Million	CN¥134.85 Million ≈ $19.73 Million	0.061x	+341.85%
2021-12-31	CN¥1.97 Billion ≈ $288.73 Million	CN¥-49.49 Million ≈ $-7.24 Million	-0.025x	-180.27%
2020-12-31	CN¥1.77 Billion ≈ $259.33 Million	CN¥55.37 Million ≈ $8.10 Million	0.031x	-89.32%
2019-12-31	CN¥630.39 Million ≈ $92.25 Million	CN¥184.40 Million ≈ $26.98 Million	0.293x	+149.27%
2018-12-31	CN¥460.98 Million ≈ $67.46 Million	CN¥54.09 Million ≈ $7.92 Million	0.117x	+71.34%
2017-12-31	CN¥384.75 Million ≈ $56.30 Million	CN¥26.35 Million ≈ $3.86 Million	0.068x	-32.72%
2016-12-31	CN¥341.52 Million ≈ $49.97 Million	CN¥34.76 Million ≈ $5.09 Million	0.102x	--

About Northking Information Technology Co

SHE:002987 China Information Technology Services

Market Cap

$1.48 Billion

CN¥10.13 Billion CNY

Market Cap Rank

#7173 Global

#1508 in China

Share Price

CN¥11.68

Change (1 day)

+2.46%

52-Week Range

CN¥9.38 - CN¥27.20

All Time High

CN¥27.20