Jiangsu Ruitai New Energy Materials Co. Ltd. (301238) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Jiangsu Ruitai New Energy Materials Co. Ltd. (301238) has a cash flow conversion efficiency ratio of 0.030x as of June 2022. 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¥199.62 Million ≈ $29.21 Million USD) by net assets (CN¥6.70 Billion ≈ $981.06 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see Jiangsu Ruitai New Energy Materials Co. stock valuation for the company's overall valuation and market capitalisation.
Jiangsu Ruitai New Energy Materials Co. Ltd. - Cash Flow Conversion Efficiency Trend (2019–2024)
This chart illustrates how Jiangsu Ruitai New Energy Materials Co. Ltd.'s cash flow conversion efficiency has evolved over time, based on yearly financial data.
Jiangsu Ruitai New Energy Materials Co. Ltd. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Jiangsu Ruitai New Energy Materials Co. Ltd. ranked by their cash flow conversion efficiency. Explore 301238 cash flow quality index to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Anhui Wanwei Updated High-tech Material Industry Co Ltd
SHG:600063
|
0.005x |
|
Soulbrain Co. Ltd
KQ:357780
|
0.047x |
|
Huntsman Corporation
NYSE:HUN
|
-0.018x |
|
EVT Ltd
AU:EVT
|
0.119x |
|
Unisem M Bhd
KLSE:5005
|
0.042x |
|
Guizhou Panjiang Refined Coal Co Ltd
SHG:600395
|
0.025x |
|
Tekfen Holding AS
IS:TKFEN
|
0.085x |
|
Zhejiang Wolwo Bio-Pharmaceutical Co Ltd
SHE:300357
|
0.032x |
Annual Cash Flow Conversion Efficiency for Jiangsu Ruitai New Energy Materials Co. Ltd. (2019–2024)
The table below shows the annual cash flow conversion efficiency of Jiangsu Ruitai New Energy Materials Co. Ltd. from 2019 to 2024. View today's stock price for Jiangsu Ruitai New Energy Materials Co. for real-time trading data and today's change.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥7.44 Billion ≈ $1.09 Billion |
CN¥22.22 Million ≈ $3.25 Million |
0.003x | -96.07% |
| 2023-12-31 | CN¥7.49 Billion ≈ $1.10 Billion |
CN¥568.79 Million ≈ $83.23 Million |
0.076x | -44.27% |
| 2022-12-31 | CN¥7.02 Billion ≈ $1.03 Billion |
CN¥955.97 Million ≈ $139.89 Million |
0.136x | +600.61% |
| 2021-12-31 | CN¥2.78 Billion ≈ $406.39 Million |
CN¥54.01 Million ≈ $7.90 Million |
0.019x | -88.51% |
| 2020-12-31 | CN¥2.14 Billion ≈ $313.04 Million |
CN¥362.00 Million ≈ $52.97 Million |
0.169x | +43.92% |
| 2019-12-31 | CN¥1.31 Billion ≈ $192.04 Million |
CN¥154.31 Million ≈ $22.58 Million |
0.118x | -- |
About Jiangsu Ruitai New Energy Materials Co. Ltd.
Jiangsu Ruitai New Energy Materials Co., Ltd. researches and develops, produces, and sells lithium-ion battery materials and silane coupling agents in China and internationally. The company offers power and consumer battery electrolytes, energy storage battery electrolytes, lithium-ion battery electrolyte additives, and supercapacitor products. It also provides battery chemicals, capacitor chemic… Read more