Ningbo Daye Garden Machinery Co Ltd (300879) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Ningbo Daye Garden Machinery Co Ltd (300879) has a cash flow conversion efficiency ratio of -0.191x 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¥-263.95 Million ≈ $-38.62 Million USD) by net assets (CN¥1.38 Billion ≈ $201.70 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Check 300879 capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.
Ningbo Daye Garden Machinery Co Ltd - Cash Flow Conversion Efficiency Trend (2016–2024)
This chart illustrates how Ningbo Daye Garden Machinery Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. See Ningbo Daye Garden Machinery Co Ltd book value and equity for net asset value and shareholders' equity analysis.
Ningbo Daye Garden Machinery Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Ningbo Daye Garden Machinery Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Beijing Tieke Shougang Railway Tech Co Ltd
SHG:688569
|
0.065x |
|
Ulusoy Elektrik Imalat
IS:ULUSE
|
-2.803x |
|
Diversified Royalty Corp
TO:DIV
|
0.043x |
|
Song Da Urban & Industrial Zone Investment and Development JSC
VN:SJS
|
-0.118x |
|
Shandong Sunway Petrochemical Engineering Co Ltd
SHE:002469
|
0.036x |
|
NORVA24 GROUP AB (PUBL.)
F:WG0
|
N/A |
|
Hingham Institution for Savings
NASDAQ:HIFS
|
0.023x |
|
YeaShin International Development Co Ltd
TWO:5213
|
-0.145x |
Annual Cash Flow Conversion Efficiency for Ningbo Daye Garden Machinery Co Ltd (2016–2024)
The table below shows the annual cash flow conversion efficiency of Ningbo Daye Garden Machinery Co Ltd from 2016 to 2024. For the full company profile with market capitalisation and key ratios, see 300879 company net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥1.19 Billion ≈ $174.78 Million |
CN¥153.19 Million ≈ $22.42 Million |
0.128x | -48.68% |
| 2023-12-31 | CN¥818.38 Million ≈ $119.75 Million |
CN¥204.55 Million ≈ $29.93 Million |
0.250x | +906.67% |
| 2022-12-31 | CN¥953.84 Million ≈ $139.58 Million |
CN¥23.68 Million ≈ $3.47 Million |
0.025x | +110.01% |
| 2021-12-31 | CN¥956.51 Million ≈ $139.97 Million |
CN¥-237.30 Million ≈ $-34.72 Million |
-0.248x | -270.83% |
| 2020-12-31 | CN¥919.26 Million ≈ $134.52 Million |
CN¥133.50 Million ≈ $19.54 Million |
0.145x | +259.98% |
| 2019-12-31 | CN¥478.48 Million ≈ $70.02 Million |
CN¥-43.44 Million ≈ $-6.36 Million |
-0.091x | +9.56% |
| 2018-12-31 | CN¥397.03 Million ≈ $58.10 Million |
CN¥-39.85 Million ≈ $-5.83 Million |
-0.100x | -212.13% |
| 2017-12-31 | CN¥334.31 Million ≈ $48.92 Million |
CN¥29.93 Million ≈ $4.38 Million |
0.090x | -35.69% |
| 2016-12-31 | CN¥279.70 Million ≈ $40.93 Million |
CN¥38.94 Million ≈ $5.70 Million |
0.139x | -- |
About Ningbo Daye Garden Machinery Co Ltd
Ningbo Daye Garden Machinery Co.,Ltd. gasoline-powered, electric, and lithium-ion garden machinery for the landscaping market. It offers robotic, walk-behind, and ride-on lawn mowers, tractors, blowers, hedge trimmers, cultivators, scarifies, brush cutters, chain saws, and snow thrower. The company was incorporated in 2006 and is headquartered in Yuyao, China.