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.
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. Read 300307 current and long-term liabilities for a breakdown of total debt and financial obligations.
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 |
|---|---|
|
Guangzhou Jinzhong Auto Parts Manufacturing Co. Ltd.
SHE:301133
|
-0.049x |
|
HPGC Renmintongtai Pharmaceutical Corp
SHG:600829
|
-0.063x |
|
Equitas Small Finance Bank Limited
NSE:EQUITASBNK
|
0.013x |
|
Nanjing Chemical Fibre Co Ltd
SHG:600889
|
-0.100x |
|
KSL Holdings Bhd
KLSE:5038
|
0.022x |
|
Chengdu Huaqi Houpu Holding Co Ltd
SHE:300471
|
0.027x |
|
Jaya Real Property Tbk
JK:JRPT
|
0.037x |
|
Porch Group Inc
NASDAQ:PRCH
|
0.054x |
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 Ningbo Cixing stock valuation.
| 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