Ningbo Cixing (300307) - Cash Flow Conversion Efficiency
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 ≈ $-6.95 Million USD) by net assets (CN¥3.25 Billion ≈ $475.48 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 Ningbo Cixing (300307) net asset quality to measure how much of total assets are equity-financed.
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. Check 300307 cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
Jaya Real Property Tbk
JK:JRPT
|
0.014x |
|
Shenzhen Fuanna Bedding and Furnishing Co Ltd
SHE:002327
|
0.030x |
|
G-Shank Enterprise Co Ltd
TW:2476
|
0.034x |
|
Jiangsu Aidea Pharmaceutical Co Ltd
SHG:688488
|
0.003x |
|
Jiangsu Lianyungang Port Co Ltd
SHG:601008
|
-0.038x |
|
Ballard Power Systems Inc
TO:BLDP
|
-0.038x |
|
Shenzhen INVT Electric Co Ltd
SHE:002334
|
0.060x |
|
CECEP Techand Ecology&Environment Co Ltd
SHE:300197
|
-0.018x |
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. For the full company profile with market capitalisation and key ratios, see 300307 company net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥3.20 Billion ≈ $467.54 Million |
CN¥213.63 Million ≈ $31.26 Million |
0.067x | +65.72% |
| 2023-12-31 | CN¥2.92 Billion ≈ $426.66 Million |
CN¥117.64 Million ≈ $17.21 Million |
0.040x | +1541.80% |
| 2022-12-31 | CN¥2.71 Billion ≈ $396.65 Million |
CN¥-7.59 Million ≈ $-1.11 Million |
-0.003x | +94.89% |
| 2021-12-31 | CN¥2.62 Billion ≈ $383.68 Million |
CN¥-143.61 Million ≈ $-21.02 Million |
-0.055x | -476.58% |
| 2020-12-31 | CN¥2.55 Billion ≈ $373.37 Million |
CN¥37.11 Million ≈ $5.43 Million |
0.015x | -40.14% |
| 2019-12-31 | CN¥3.22 Billion ≈ $470.46 Million |
CN¥78.13 Million ≈ $11.43 Million |
0.024x | +455.22% |
| 2018-12-31 | CN¥4.07 Billion ≈ $594.93 Million |
CN¥-27.81 Million ≈ $-4.07 Million |
-0.007x | -115.27% |
| 2017-12-31 | CN¥4.07 Billion ≈ $596.00 Million |
CN¥182.52 Million ≈ $26.71 Million |
0.045x | +170.76% |
| 2016-12-31 | CN¥3.94 Billion ≈ $576.45 Million |
CN¥65.20 Million ≈ $9.54 Million |
0.017x | -6.28% |
| 2015-12-31 | CN¥3.87 Billion ≈ $565.97 Million |
CN¥68.31 Million ≈ $10.00 Million |
0.018x | +139.55% |
| 2014-12-31 | CN¥3.75 Billion ≈ $548.82 Million |
CN¥-167.47 Million ≈ $-24.51 Million |
-0.045x | -156.48% |
| 2013-12-31 | CN¥4.18 Billion ≈ $611.47 Million |
CN¥330.35 Million ≈ $48.34 Million |
0.079x | -49.60% |
| 2012-12-31 | CN¥3.98 Billion ≈ $582.05 Million |
CN¥623.86 Million ≈ $91.29 Million |
0.157x | -15.09% |
| 2011-12-31 | CN¥1.74 Billion ≈ $255.03 Million |
CN¥321.92 Million ≈ $47.11 Million |
0.185x | -56.79% |
| 2010-12-31 | CN¥826.21 Million ≈ $120.90 Million |
CN¥353.16 Million ≈ $51.68 Million |
0.427x | -63.43% |
| 2009-12-31 | CN¥250.17 Million ≈ $36.61 Million |
CN¥292.39 Million ≈ $42.79 Million |
1.169x | +5.77% |
| 2008-12-31 | CN¥114.40 Million ≈ $16.74 Million |
CN¥126.42 Million ≈ $18.50 Million |
1.105x | -- |
About 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