Nanjing Quanxin Cable Technology Co Ltd (300447) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Nanjing Quanxin Cable Technology Co Ltd (300447) has a cash flow conversion efficiency ratio of 0.031x as of June 2023. 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¥62.08 Million ≈ $9.08 Million USD) by net assets (CN¥1.98 Billion ≈ $290.46 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 operational self-sufficiency of Nanjing Quanxin Cable Technology Co Ltd to measure how many days the company can operate on defensive assets alone.
Nanjing Quanxin Cable Technology Co Ltd - Cash Flow Conversion Efficiency Trend (2012–2024)
This chart illustrates how Nanjing Quanxin Cable Technology Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Nanjing Quanxin Cable Technology Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Nanjing Quanxin Cable Technology Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Regal Partners Ltd
AU:RPL
|
0.048x |
|
China Resources and Environment Co Ltd
SHG:600217
|
0.199x |
|
Wolfspeed, Inc.
NYSE:WOLF
|
-0.068x |
|
Mavi Giyim Sanayi Ve Ticaret AS
IS:MAVI
|
0.073x |
|
Baticim Bati Anadolu Cimento Sanayi AS
IS:BTCIM
|
0.024x |
|
Viglacera Corp JSC
VN:VGC
|
0.006x |
|
Beingmate Baby & Child Food Co Ltd
SHE:002570
|
0.013x |
|
Team Group Inc
TW:4967
|
-0.564x |
Annual Cash Flow Conversion Efficiency for Nanjing Quanxin Cable Technology Co Ltd (2012–2024)
The table below shows the annual cash flow conversion efficiency of Nanjing Quanxin Cable Technology Co Ltd from 2012 to 2024. For the full company profile with market capitalisation and key ratios, see Nanjing Quanxin Cable Technology Co Ltd stock valuation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥1.98 Billion ≈ $290.19 Million |
CN¥-4.84 Million ≈ $-708.72K |
-0.002x | -103.64% |
| 2023-12-31 | CN¥2.02 Billion ≈ $295.51 Million |
CN¥135.51 Million ≈ $19.83 Million |
0.067x | +161.23% |
| 2022-12-31 | CN¥1.88 Billion ≈ $274.51 Million |
CN¥-205.58 Million ≈ $-30.08 Million |
-0.110x | -706.29% |
| 2021-12-31 | CN¥1.75 Billion ≈ $256.49 Million |
CN¥-23.82 Million ≈ $-3.49 Million |
-0.014x | -537.51% |
| 2020-12-31 | CN¥1.25 Billion ≈ $182.75 Million |
CN¥3.88 Million ≈ $567.72K |
0.003x | -96.13% |
| 2019-12-31 | CN¥1.10 Billion ≈ $160.63 Million |
CN¥88.10 Million ≈ $12.89 Million |
0.080x | +236.81% |
| 2018-12-31 | CN¥1.26 Billion ≈ $184.40 Million |
CN¥30.03 Million ≈ $4.39 Million |
0.024x | -40.04% |
| 2017-12-31 | CN¥1.52 Billion ≈ $221.77 Million |
CN¥60.22 Million ≈ $8.81 Million |
0.040x | +13.42% |
| 2016-12-31 | CN¥651.30 Million ≈ $95.31 Million |
CN¥22.82 Million ≈ $3.34 Million |
0.035x | -44.41% |
| 2015-12-31 | CN¥560.37 Million ≈ $82.00 Million |
CN¥35.32 Million ≈ $5.17 Million |
0.063x | -56.54% |
| 2014-12-31 | CN¥275.46 Million ≈ $40.31 Million |
CN¥39.94 Million ≈ $5.84 Million |
0.145x | +10.82% |
| 2013-12-31 | CN¥253.54 Million ≈ $37.10 Million |
CN¥33.18 Million ≈ $4.85 Million |
0.131x | -25.63% |
| 2012-12-31 | CN¥211.48 Million ≈ $30.95 Million |
CN¥37.21 Million ≈ $5.44 Million |
0.176x | -- |
About Nanjing Quanxin Cable Technology Co Ltd
Nanjing Quanxin Cable Technology Co., Ltd. engages in military optical cables and components business in China. The company research, develops, produces, and sells optical fiber, photoelectric system integration, multi-protocol network solutions, and other series products. It also manufactures wires and cables, optical cable, electronic, optoelectronic, optical communication equipment, electronic… Read more