Suzhou YourBest New-type Materials Co.Ltd.
Suzhou YourBest New-type Materials Co. Ltd. research and development, manufacturing, and sales of photovoltaic welding ribbon products in China. The company offers MBB, SCR, and trapezoid ribbon; conventional tapping ribbon and bus bar; black painted ribbon; and customized ribbon comprising pb free, straight pre-cut bus bar, multi-bending bus bar, bended pre-cut bus bar, and shingled ribbon. Its … Read more
Suzhou YourBest New-type Materials Co.Ltd. (301266) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2022: -0.178x
Based on the latest financial reports, Suzhou YourBest New-type Materials Co.Ltd. (301266) has a cash flow conversion efficiency ratio of -0.178x 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¥-235.98 Million) by net assets (CN¥1.33 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Suzhou YourBest New-type Materials Co.Ltd. - Cash Flow Conversion Efficiency Trend (2019–2024)
This chart illustrates how Suzhou YourBest New-type Materials Co.Ltd.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Suzhou YourBest New-type Materials Co.Ltd. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Suzhou YourBest New-type Materials Co.Ltd. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Xiamen Sunrise Wheel Group Co Ltd
SHE:002593
|
0.029x |
|
Site Centers Corp
NYSE:SITC
|
-0.021x |
|
MIDLAND STS BANCOR.DL-01
F:6HU
|
N/A |
|
Vetoquinol
PA:VETO
|
0.026x |
|
Symtek Automation Asia Co Ltd
TW:6438
|
-0.036x |
|
Yuanta Sec Kor
KO:003470
|
-0.033x |
|
Tibet Galaxy Science & Technology Development Co Ltd
SHE:000752
|
0.029x |
|
AGORA INC. SP.ADS/4 CL.A
F:9AG1
|
N/A |
Annual Cash Flow Conversion Efficiency for Suzhou YourBest New-type Materials Co.Ltd. (2019–2024)
The table below shows the annual cash flow conversion efficiency of Suzhou YourBest New-type Materials Co.Ltd. from 2019 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥1.82 Billion | CN¥-330.29 Million | -0.181x | -46.02% |
| 2023-12-31 | CN¥1.62 Billion | CN¥-201.76 Million | -0.124x | +49.40% |
| 2022-12-31 | CN¥1.38 Billion | CN¥-339.12 Million | -0.246x | -38.31% |
| 2021-12-31 | CN¥668.50 Million | CN¥-118.67 Million | -0.178x | -127.16% |
| 2020-12-31 | CN¥591.22 Million | CN¥-46.20 Million | -0.078x | -133.68% |
| 2019-12-31 | CN¥488.79 Million | CN¥113.41 Million | 0.232x | -- |