Ningbo Cixing
Ningbo Cixing Co.,Ltd. engages in the research, development, production, and sale of knitting machinery in China and internationally. The company offers intelligent knitting machinery and equipment; flat knitting machines, steiger, circular machines, and other smart knitting equipment, as well as computerized shoe machines, automated shoe-making production line, automatic ironing machines, indust… Read more
Ningbo Cixing (300307) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: -0.015x
Based on the latest financial reports, Ningbo Cixing (300307) has a cash flow conversion efficiency ratio of -0.015x 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¥-47.50 Million) by net assets (CN¥3.25 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Ningbo Cixing - Cash Flow Conversion Efficiency Trend (2008–2024)
This chart illustrates how Ningbo Cixing's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Ningbo Cixing Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Ningbo Cixing ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Grupo Profuturo S.A.B. de C.V
MX:GPROFUT
|
0.023x |
|
Sinomach Automobile Co Ltd
SHG:600335
|
-0.073x |
|
Top Energy Shanxi Co Ltd
SHG:600780
|
0.056x |
|
Cars.com Inc
NYSE:CARS
|
0.079x |
|
Manitou BF SA
PINK:MAOIF
|
0.181x |
|
KOMORI CORP.
F:KOI
|
N/A |
|
Henan Jindan Lactic Acid Technology
SHE:300829
|
0.052x |
|
Doman Building Materials Group Ltd
PINK:CWXZF
|
0.115x |
Annual Cash Flow Conversion Efficiency for Ningbo Cixing (2008–2024)
The table below shows the annual cash flow conversion efficiency of Ningbo Cixing from 2008 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥3.20 Billion | CN¥213.63 Million | 0.067x | +65.72% |
| 2023-12-31 | CN¥2.92 Billion | CN¥117.64 Million | 0.040x | +1541.80% |
| 2022-12-31 | CN¥2.71 Billion | CN¥-7.59 Million | -0.003x | +94.89% |
| 2021-12-31 | CN¥2.62 Billion | CN¥-143.61 Million | -0.055x | -476.58% |
| 2020-12-31 | CN¥2.55 Billion | CN¥37.11 Million | 0.015x | -40.14% |
| 2019-12-31 | CN¥3.22 Billion | CN¥78.13 Million | 0.024x | +455.22% |
| 2018-12-31 | CN¥4.07 Billion | CN¥-27.81 Million | -0.007x | -115.27% |
| 2017-12-31 | CN¥4.07 Billion | CN¥182.52 Million | 0.045x | +170.76% |
| 2016-12-31 | CN¥3.94 Billion | CN¥65.20 Million | 0.017x | -6.28% |
| 2015-12-31 | CN¥3.87 Billion | CN¥68.31 Million | 0.018x | +139.55% |
| 2014-12-31 | CN¥3.75 Billion | CN¥-167.47 Million | -0.045x | -156.48% |
| 2013-12-31 | CN¥4.18 Billion | CN¥330.35 Million | 0.079x | -49.60% |
| 2012-12-31 | CN¥3.98 Billion | CN¥623.86 Million | 0.157x | -15.09% |
| 2011-12-31 | CN¥1.74 Billion | CN¥321.92 Million | 0.185x | -56.79% |
| 2010-12-31 | CN¥826.21 Million | CN¥353.16 Million | 0.427x | -63.43% |
| 2009-12-31 | CN¥250.17 Million | CN¥292.39 Million | 1.169x | +5.77% |
| 2008-12-31 | CN¥114.40 Million | CN¥126.42 Million | 1.105x | -- |