Ningbo Fuda Co Ltd (600724) - Cash Flow Conversion Efficiency
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. Also see market cap of Ningbo Fuda Co Ltd for the company's overall valuation and market capitalisation.
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. Explore Ningbo Fuda Co Ltd cash flow quality index to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Alarko Holding AS
IS:ALARK
|
0.016x |
|
Inrom Construction Industries Ltd
TA:INRM
|
0.023x |
|
Beijing Jingyuntong Technology Co Ltd
SHG:601908
|
0.063x |
|
Thinking Electronic Industrial Co Ltd
TW:2428
|
0.046x |
|
Safety Insurance Group Inc
NASDAQ:SAFT
|
-0.020x |
|
Fluence Energy Inc
NASDAQ:FLNC
|
-0.040x |
|
Hanza AB
ST:HANZA
|
0.066x |
|
Sinar Mas Agro Resources and Technology Tbk PT
JK:SMAR
|
0.103x |
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. View latest Ningbo Fuda Co Ltd stock price today for real-time trading data and today's change.
| 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
Ningbo Fuda Company Limited engages in the urban commercial real estate operation and management in China. The company operates shopping centers, boutique department stores, fashion and trendy brand malls, urban fashion and leisure commercial complexes, and historical blocks. It also manufactures and sells cement building materials; and sells fuel oil. Ningbo Fuda Company Limited was incorporated… Read more