Ningbo David Medical Device Co Ltd (300314) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.120x

Based on the latest financial reports, Ningbo David Medical Device Co Ltd (300314) has a cash flow conversion efficiency ratio of 0.120x 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¥146.39 Million ≈ $21.42 Million USD) by net assets (CN¥1.22 Billion ≈ $178.32 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 David Medical Device Co Ltd - Cash Flow Conversion Efficiency Trend (2008–2024)

This chart illustrates how Ningbo David Medical Device Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read how much debt does Ningbo David Medical Device Co Ltd carry for a breakdown of total debt and financial obligations.

Ningbo David Medical Device Co Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Ningbo David Medical Device Co Ltd ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Polynovo Ltd AU:PNV	0.190x
Global PMX Co Ltd TW:4551	0.027x
Flytech Technology Co Ltd TW:6206	0.085x
Siamgas and Petrochemicals Public Company Limited BK:SGP	0.126x
Shenzhen Ecobeauty Co Ltd SHE:000010	0.081x
Shanxi Antai Group Co Ltd SHG:600408	0.053x
Soho House & Co Inc. NYSE:SHCO	-0.100x
Daesang Corp KO:001680	0.093x

Annual Cash Flow Conversion Efficiency for Ningbo David Medical Device Co Ltd (2008–2024)

The table below shows the annual cash flow conversion efficiency of Ningbo David Medical Device Co Ltd from 2008 to 2024. For the full company profile with market capitalisation and key ratios, see market value of Ningbo David Medical Device Co Ltd.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CN¥1.17 Billion ≈ $170.96 Million	CN¥93.87 Million ≈ $13.74 Million	0.080x	-30.86%
2023-12-31	CN¥1.16 Billion ≈ $170.25 Million	CN¥135.20 Million ≈ $19.78 Million	0.116x	+10.33%
2022-12-31	CN¥1.06 Billion ≈ $155.01 Million	CN¥111.57 Million ≈ $16.33 Million	0.105x	+102.65%
2021-12-31	CN¥990.53 Million ≈ $144.95 Million	CN¥51.48 Million ≈ $7.53 Million	0.052x	-64.02%
2020-12-31	CN¥953.52 Million ≈ $139.53 Million	CN¥137.73 Million ≈ $20.15 Million	0.144x	+35.17%
2019-12-31	CN¥828.85 Million ≈ $121.29 Million	CN¥88.57 Million ≈ $12.96 Million	0.107x	+21.09%
2018-12-31	CN¥792.71 Million ≈ $116.00 Million	CN¥69.95 Million ≈ $10.24 Million	0.088x	+25.47%
2017-12-31	CN¥778.30 Million ≈ $113.89 Million	CN¥54.74 Million ≈ $8.01 Million	0.070x	-31.58%
2016-12-31	CN¥748.55 Million ≈ $109.54 Million	CN¥76.95 Million ≈ $11.26 Million	0.103x	+48.20%
2015-12-31	CN¥697.90 Million ≈ $102.12 Million	CN¥48.41 Million ≈ $7.08 Million	0.069x	-31.55%
2014-12-31	CN¥668.97 Million ≈ $97.89 Million	CN¥67.79 Million ≈ $9.92 Million	0.101x	+12.68%
2013-12-31	CN¥628.16 Million ≈ $91.92 Million	CN¥56.49 Million ≈ $8.27 Million	0.090x	-43.67%
2012-12-31	CN¥592.09 Million ≈ $86.64 Million	CN¥94.53 Million ≈ $13.83 Million	0.160x	-60.87%
2011-12-31	CN¥164.25 Million ≈ $24.03 Million	CN¥67.02 Million ≈ $9.81 Million	0.408x	-20.74%
2010-12-31	CN¥110.28 Million ≈ $16.14 Million	CN¥56.78 Million ≈ $8.31 Million	0.515x	-0.62%
2009-12-31	CN¥79.57 Million ≈ $11.64 Million	CN¥41.22 Million ≈ $6.03 Million	0.518x	+253.06%
2008-12-31	CN¥82.46 Million ≈ $12.07 Million	CN¥12.10 Million ≈ $1.77 Million	0.147x	--

About Ningbo David Medical Device Co Ltd

SHE:300314 China Medical Devices

Market Cap

$486.34 Million

CN¥3.32 Billion CNY

Market Cap Rank

#12675 Global

#3953 in China

Share Price

CN¥11.54

Change (1 day)

-0.86%

52-Week Range

CN¥11.40 - CN¥15.65

All Time High

CN¥42.37