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. See Jiangsu Ruitai New Energy Materials Co. balance sheet quality to measure how much of total assets are equity-financed.
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. Check Jiangsu Ruitai New Energy Materials Co. cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
NCAB Group
ST:NCAB
|
0.199x |
|
Tibet Mineral Development Co Ltd
SHE:000762
|
0.009x |
|
Tokai Carbon Korea Co. Ltd
KQ:064760
|
0.032x |
|
Citic Offshore Helicopter Co Ltd
SHE:000099
|
0.009x |
|
EMTEK (Shenzhen) Co. Ltd.
SHE:300938
|
N/A |
|
Lonking Holdings Limited
F:C9IB
|
0.040x |
|
Maze Therapeutics, Inc. Common Stock
NASDAQ:MAZE
|
-0.114x |
|
Anhui Jinhe Industrial Co Ltd
SHE:002597
|
0.036x |
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 company net worth.
| 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