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. See NINGBO HENGSHUAI Co. LTD. balance sheet independence to measure how much of total assets are equity-financed.

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. Check cash flow quality index of NINGBO HENGSHUAI Co. LTD. to evaluate the quality of earnings relative to operating cash generation.

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
Graham Corporation NYSE:GHM	-0.001x
North China Pharmaceutical Co Ltd SHG:600812	0.025x
Beijing Sanju Environmental SHE:300072	0.033x
Taboola NASDAQ:TBLA	0.114x
CompuGroup Medical SE & Co. KGaA XETRA:COP	0.144x
Barloworld Ltd JSE:BAW	0.282x
Compass Minerals International Inc NYSE:CMP	0.720x
PT Super Bank Indonesia Tbk JK:SUPA	0.213x

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 market value of NINGBO HENGSHUAI Co. LTD..

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

$1.17 Billion

CN¥8.01 Billion CNY

Market Cap Rank

#8062 Global

#1774 in China

Share Price

CN¥71.53

Change (1 day)

-5.79%

52-Week Range

CN¥71.53 - CN¥169.46

All Time High

CN¥169.46