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 Nanjing Quanxin Cable Technology Co Ltd balance sheet quality to measure how much of total assets are equity-financed.
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. Check earnings quality score of Nanjing Quanxin Cable Technology Co Ltd to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
Beijing ZznodeTechnologies Co Ltd
SHE:003007
|
0.237x |
|
ECOVE Environment Corp
TWO:6803
|
-0.287x |
|
Impact Growth REIT
BK:IMPACT
|
0.021x |
|
Envela Corp
NYSE MKT:ELA
|
0.279x |
|
Financial Institutions Inc
NASDAQ:FISI
|
0.018x |
|
SZZT Electronics Co Ltd
SHE:002197
|
0.019x |
|
Hainan Haiqi Transportation Group Co Ltd
SHG:603069
|
-0.017x |
|
ZheJiang RIFA Digital Precision Machinery Co Ltd
SHE:002520
|
0.336x |
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 market value of Nanjing Quanxin Cable Technology Co Ltd.
| 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