Ningbo Fuda Co Ltd (600724) - Cash Flow Conversion Efficiency

Latest as of June 2023: 0.045x

Based on the latest financial reports, Ningbo Fuda Co Ltd (600724) has a cash flow conversion efficiency ratio of 0.045x as of June 2023. 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¥150.33 Million ≈ $22.00 Million USD) by net assets (CN¥3.31 Billion ≈ $484.06 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 Ningbo Fuda Co Ltd defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Ningbo Fuda Co Ltd - Cash Flow Conversion Efficiency Trend (2015–2024)

This chart illustrates how Ningbo Fuda Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data.

Ningbo Fuda Co Ltd Competitors by Cash Flow Conversion Efficiency

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

Company	Cash Flow Conversion Efficiency
Home First Finance Company India Limited NSE:HOMEFIRST	-0.121x
Bright Dairy & Food Co Ltd SHG:600597	0.044x
Cibus Nordic Real Estate AB (publ) ST:CIBUS	0.025x
Loma Negra Compania Industrial Argentina SA ADR NYSE:LOMA	0.016x
Bank Pan Indonesia Tbk JK:PNBN	0.020x
OC Oerlikon Corp AG SW:OERL	0.208x
Yihai International Holding Ltd F:YIR	0.024x
Morgan Stanley Direct Lending Fund NYSE:MSDL	0.051x

Annual Cash Flow Conversion Efficiency for Ningbo Fuda Co Ltd (2015–2024)

The table below shows the annual cash flow conversion efficiency of Ningbo Fuda Co Ltd from 2015 to 2024. For the full company profile with market capitalisation and key ratios, see market cap of Ningbo Fuda Co Ltd.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CN¥3.27 Billion ≈ $478.75 Million	CN¥301.41 Million ≈ $44.11 Million	0.092x	-24.87%
2023-12-31	CN¥3.37 Billion ≈ $493.84 Million	CN¥413.85 Million ≈ $60.56 Million	0.123x	+75.74%
2022-12-31	CN¥3.44 Billion ≈ $503.21 Million	CN¥239.95 Million ≈ $35.11 Million	0.070x	-31.91%
2021-12-31	CN¥3.60 Billion ≈ $526.47 Million	CN¥368.69 Million ≈ $53.95 Million	0.102x	-53.32%
2020-12-31	CN¥3.48 Billion ≈ $509.10 Million	CN¥763.82 Million ≈ $111.77 Million	0.220x	+23.96%
2019-12-31	CN¥3.41 Billion ≈ $499.70 Million	CN¥604.81 Million ≈ $88.50 Million	0.177x	-74.34%
2018-12-31	CN¥2.91 Billion ≈ $426.36 Million	CN¥2.01 Billion ≈ $294.34 Million	0.690x	-35.23%
2017-12-31	CN¥2.50 Billion ≈ $365.19 Million	CN¥2.66 Billion ≈ $389.27 Million	1.066x	+254.24%
2016-12-31	CN¥3.43 Billion ≈ $502.41 Million	CN¥1.03 Billion ≈ $151.18 Million	0.301x	+43.43%
2015-12-31	CN¥3.20 Billion ≈ $467.98 Million	CN¥670.96 Million ≈ $98.18 Million	0.210x	--

About Ningbo Fuda Co Ltd

SHG:600724 China Real Estate Services

Market Cap

$1.30 Billion

CN¥8.87 Billion CNY

Market Cap Rank

#7954 Global

#1904 in China

Share Price

CN¥6.14

Change (1 day)

-3.46%

52-Week Range

CN¥4.51 - CN¥8.42

All Time High

CN¥8.42