Jiangsu Ruitai New Energy Materials Co. Ltd. (301238) - Cash Flow Conversion Efficiency

Latest as of June 2022: 0.030x

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.

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. Read Jiangsu Ruitai New Energy Materials Co. debt and liabilities for a breakdown of total debt and financial obligations.

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.

Company	Cash Flow Conversion Efficiency
ISC Co. Ltd KQ:095340	0.030x
Bitdeer Technologies Group Class A Ordinary Shares NASDAQ:BTDR	-0.907x
Hubei Zhongyi Science Technology Co. Ltd. SHE:301150	0.004x
Beijing Fuxing Xiaocheng Electronic Technology Co Ltd SHE:300139	0.006x
Netmarble Games Corp KO:251270	0.027x
Torunlar Gayrimenkul Yatirim Ortakligi AS IS:TRGYO	-0.002x
NBT Bancorp Inc NASDAQ:NBTB	0.042x
Pfizer Limited NSE:PFIZER	0.156x

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. For the full company profile with market capitalisation and key ratios, see 301238 market cap overview.

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

$2.39 Billion

CN¥16.32 Billion CNY

Market Cap Rank

#5704 Global

#1208 in China

Share Price

CN¥22.25

Change (1 day)

-0.40%

52-Week Range

CN¥16.77 - CN¥26.50

All Time High

CN¥39.44