Jiangsu Ruitai New Energy Materials Co. Ltd. Cash Flow Conversion Efficiency

Latest as of June 2022: 0.030x

Jiangsu Ruitai New Energy Materials Co. Ltd. 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.

Cash Flow Conversion Efficiency of Jiangsu Ruitai New Energy Materials Co. Ltd. (2019–2024)

Cash flow conversion efficiency of Jiangsu Ruitai New Energy Materials Co. Ltd. from 2019 to 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. View latest Jiangsu Ruitai New Energy Materials Co. stock price today for real-time trading data and today's change.

Jiangsu Ruitai New Energy Materials Co. Ltd. Cash Flow Conversion Ratio Explained

Jiangsu Ruitai New Energy Materials Co. Ltd. cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.

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. Review 301238 FCF generation index to assess how much free cash flow the company generates relative to operating cash flow.

Company	Cash Flow Conversion Efficiency
Alkami Technology Inc NASDAQ:ALKT	0.061x
Shaily Engineering Plastics Limited NSE:SHAILY	0.137x
Transmissora Aliança de Energia Elétrica S.A SA:TAEE3	0.086x
Quick Intelligent Equipment Co Ltd SHG:603203	0.036x
HBM Healthcare Investments SW:HBMN	0.000x
OY Nofar Energy Ltd TA:NOFR	-0.054x
Siglent Technologies Co Ltd SHG:688112	0.023x
Zhejiang Youpon Integrated Ceiling Co Ltd SHE:002718	0.089x

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. Also see 301238 total asset value for a full breakdown of the balance sheet.

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.

SHE:301238 China Specialty Chemicals

Market Cap

$1.53 Billion

CN¥10.47 Billion CNY

Market Cap Rank

#6951 Global

#1382 in China

Share Price

CN¥14.28

Change (1 day)

-3.19%

52-Week Range

CN¥14.13 - CN¥26.50

All Time High

CN¥39.44