Ningbo United Group Co Ltd (600051) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.022x

Based on the latest financial reports, Ningbo United Group Co Ltd (600051) has a cash flow conversion efficiency ratio of 0.022x as of September 2025. 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¥83.25 Million ≈ $12.18 Million USD) by net assets (CN¥3.72 Billion ≈ $544.10 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Ningbo United Group Co Ltd - Cash Flow Conversion Efficiency Trend (1998–2024)

This chart illustrates how Ningbo United Group Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read 600051 current and long-term liabilities for a breakdown of total debt and financial obligations.

Ningbo United Group Co Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Ningbo United Group Co Ltd ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Hai An Transport and Stevedoring JSC VN:HAH	0.071x
Shoppers Stop Limited NSE:SHOPERSTOP	1.280x
Innovative Solutions and Support NASDAQ:ISSC	0.046x
Shenzhen Institute of Building Research Co Ltd Class A SHE:300675	0.014x
Huaiji Dengyun Auto-parts Holding Co Ltd SHE:002715	0.036x
Beijing Hanjian Heshan Pipeline Co Ltd SHG:603616	-0.093x
Alcor Micro TWO:8054	-0.035x
Aclaris Therapeutics Inc NASDAQ:ACRS	-0.091x

Annual Cash Flow Conversion Efficiency for Ningbo United Group Co Ltd (1998–2024)

The table below shows the annual cash flow conversion efficiency of Ningbo United Group Co Ltd from 1998 to 2024. For the full company profile with market capitalisation and key ratios, see Ningbo United Group Co Ltd (600051) market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CN¥3.71 Billion ≈ $543.10 Million	CN¥-41.97 Million ≈ $-6.14 Million	-0.011x	-147.40%
2023-12-31	CN¥3.68 Billion ≈ $538.41 Million	CN¥87.78 Million ≈ $12.84 Million	0.024x	+124.54%
2022-12-31	CN¥3.63 Billion ≈ $531.81 Million	CN¥-353.23 Million ≈ $-51.69 Million	-0.097x	-53.42%
2021-12-31	CN¥3.51 Billion ≈ $514.02 Million	CN¥-222.53 Million ≈ $-32.56 Million	-0.063x	-203.59%
2020-12-31	CN¥3.25 Billion ≈ $476.22 Million	CN¥199.02 Million ≈ $29.12 Million	0.061x	-89.33%
2019-12-31	CN¥2.80 Billion ≈ $410.37 Million	CN¥1.61 Billion ≈ $235.18 Million	0.573x	+68.32%
2018-12-31	CN¥2.66 Billion ≈ $388.58 Million	CN¥904.16 Million ≈ $132.31 Million	0.340x	+645.79%
2017-12-31	CN¥2.70 Billion ≈ $394.47 Million	CN¥123.07 Million ≈ $18.01 Million	0.046x	-91.28%
2016-12-31	CN¥2.11 Billion ≈ $309.34 Million	CN¥1.11 Billion ≈ $162.05 Million	0.524x	+5333.23%
2015-12-31	CN¥2.04 Billion ≈ $298.67 Million	CN¥19.68 Million ≈ $2.88 Million	0.010x	+110.14%
2014-12-31	CN¥2.07 Billion ≈ $302.65 Million	CN¥-196.75 Million ≈ $-28.79 Million	-0.095x	+75.24%
2013-12-31	CN¥1.88 Billion ≈ $275.82 Million	CN¥-724.23 Million ≈ $-105.98 Million	-0.384x	-49398.40%
2012-12-31	CN¥1.99 Billion ≈ $291.68 Million	CN¥1.55 Million ≈ $227.34K	0.001x	-98.91%
2011-12-31	CN¥1.91 Billion ≈ $279.32 Million	CN¥136.14 Million ≈ $19.92 Million	0.071x	-36.94%
2010-12-31	CN¥1.84 Billion ≈ $269.26 Million	CN¥208.12 Million ≈ $30.45 Million	0.113x	+720.69%
2009-12-31	CN¥1.64 Billion ≈ $240.36 Million	CN¥22.64 Million ≈ $3.31 Million	0.014x	+112.86%
2008-12-31	CN¥1.38 Billion ≈ $202.08 Million	CN¥-148.00 Million ≈ $-21.66 Million	-0.107x	-138.35%
2007-12-31	CN¥1.48 Billion ≈ $216.66 Million	CN¥413.77 Million ≈ $60.55 Million	0.279x	-18.23%
2006-12-31	CN¥1.39 Billion ≈ $203.68 Million	CN¥475.71 Million ≈ $69.61 Million	0.342x	+69.61%
2005-12-31	CN¥824.46 Million ≈ $120.64 Million	CN¥166.13 Million ≈ $24.31 Million	0.202x	+510.12%
2004-12-31	CN¥882.22 Million ≈ $129.10 Million	CN¥29.14 Million ≈ $4.26 Million	0.033x	+140.40%
2003-12-31	CN¥967.33 Million ≈ $141.55 Million	CN¥-79.08 Million ≈ $-11.57 Million	-0.082x	+50.31%
2002-12-31	CN¥1.10 Billion ≈ $161.16 Million	CN¥-181.22 Million ≈ $-26.52 Million	-0.165x	-100.37%
2001-12-31	CN¥944.63 Million ≈ $138.23 Million	CN¥-77.57 Million ≈ $-11.35 Million	-0.082x	-199.63%
2000-12-31	CN¥901.51 Million ≈ $131.92 Million	CN¥74.31 Million ≈ $10.87 Million	0.082x	+2076.34%
1999-12-31	CN¥891.70 Million ≈ $130.48 Million	CN¥3.38 Million ≈ $494.20K	0.004x	-98.32%
1998-12-31	CN¥915.85 Million ≈ $134.02 Million	CN¥206.55 Million ≈ $30.23 Million	0.226x	--

About Ningbo United Group Co Ltd

SHG:600051 China Industrial Distribution

Market Cap

$353.47 Million

CN¥2.42 Billion CNY

Market Cap Rank

#14291 Global

#4502 in China

Share Price

CN¥7.77

Change (1 day)

+0.52%

52-Week Range

CN¥6.84 - CN¥8.27

All Time High

CN¥12.52