NINGBO HENGSHUAI Co. LTD. (300969) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.042x

Based on the latest financial reports, NINGBO HENGSHUAI Co. LTD. (300969) has a cash flow conversion efficiency ratio of 0.042x 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¥58.24 Million ≈ $8.52 Million USD) by net assets (CN¥1.38 Billion ≈ $202.26 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 HENGSHUAI Co. LTD. - Cash Flow Conversion Efficiency Trend (2017–2024)

This chart illustrates how NINGBO HENGSHUAI Co. LTD.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Read debt load of NINGBO HENGSHUAI Co. LTD. for a breakdown of total debt and financial obligations.

NINGBO HENGSHUAI Co. LTD. Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of NINGBO HENGSHUAI Co. LTD. ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
PTC INDUSTRIES LTD NSE:PTCIL	-0.029x
BioArctic AB (publ) ST:BIOA-B	-0.021x
Air France-KLM SA PA:AF	0.825x
Seadrill Limited NYSE:SDRL	-0.014x
Bitdeer Technologies Group Class A Ordinary Shares NASDAQ:BTDR	-0.907x
Worthington Industries Inc NYSE:WOR	0.053x
HEXPOL AB (publ) ST:HPOL-B	0.066x
Aya Gold & Silver Inc TO:AYA	0.080x

Annual Cash Flow Conversion Efficiency for NINGBO HENGSHUAI Co. LTD. (2017–2024)

The table below shows the annual cash flow conversion efficiency of NINGBO HENGSHUAI Co. LTD. from 2017 to 2024. For the full company profile with market capitalisation and key ratios, see 300969 company net worth.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CN¥1.28 Billion ≈ $187.75 Million	CN¥230.12 Million ≈ $33.67 Million	0.179x	-23.06%
2023-12-31	CN¥1.10 Billion ≈ $160.63 Million	CN¥255.91 Million ≈ $37.45 Million	0.233x	+34.63%
2022-12-31	CN¥914.76 Million ≈ $133.86 Million	CN¥158.40 Million ≈ $23.18 Million	0.173x	+101.27%
2021-12-31	CN¥786.40 Million ≈ $115.07 Million	CN¥67.66 Million ≈ $9.90 Million	0.086x	-65.31%
2020-12-31	CN¥316.61 Million ≈ $46.33 Million	CN¥78.52 Million ≈ $11.49 Million	0.248x	-27.19%
2019-12-31	CN¥251.28 Million ≈ $36.77 Million	CN¥85.60 Million ≈ $12.53 Million	0.341x	-13.73%
2018-12-31	CN¥186.20 Million ≈ $27.25 Million	CN¥73.53 Million ≈ $10.76 Million	0.395x	+80.25%
2017-12-31	CN¥269.82 Million ≈ $39.48 Million	CN¥59.11 Million ≈ $8.65 Million	0.219x	--

About NINGBO HENGSHUAI Co. LTD.

SHE:300969 China Auto Parts

Market Cap

$2.68 Billion

CN¥18.32 Billion CNY

Market Cap Rank

#5413 Global

#1077 in China

Share Price

CN¥163.53

Change (1 day)

-3.50%

52-Week Range

CN¥55.86 - CN¥169.46

All Time High

CN¥169.46