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 Northking Information Technology Co defensive interval ratio to measure how many days the company can operate on defensive assets alone.

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.

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
Eramet SA PA:ERA	-0.064x
Orange Belgium SA BR:OBEL	0.124x
CMST Development Co Ltd SHG:600787	0.045x
Tangshan Jidong Cement Co Ltd SHE:000401	0.047x
Harbin Electric F:HP6H	0.039x
Shanghai STEP Electric Corp SHE:002527	0.009x
Adaptive Plasma Technology Corp KQ:089970	0.056x
Orizon Valorização de Resíduos S.A SA:ORVR3	0.002x

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 market value of Northking Information Technology Co.

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

$1.42 Billion

CN¥9.72 Billion CNY

Market Cap Rank

#7590 Global

#1767 in China

Share Price

CN¥11.20

Change (1 day)

-2.44%

52-Week Range

CN¥11.16 - CN¥27.20

All Time High

CN¥27.20