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 balance sheet quality to measure how much of total assets are equity-financed.

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. Check Ningbo Fuda Co Ltd cash flow quality index to evaluate the quality of earnings relative to operating cash generation.

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
Fox-Wizel Ltd TA:FOX	0.018x
Ningbo Changhong Polymer Scientific & Technical Inc SHG:605008	-0.082x
Virtus Investment Partners, Inc. NASDAQ:VRTS	0.106x
MAC Copper Ltd AU:MAC	0.243x
Intellect Design Arena Limited NSE:INTELLECT	0.027x
Invisio Communications AB ST:IVSO	0.047x
Marten Transport Ltd NASDAQ:MRTN	0.007x
Loma Negra Compañía Industrial Argentina Sociedad Anónima F:8LN	0.016x

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 600724 market cap overview.

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

$1.08 Billion

CN¥7.39 Billion CNY

Market Cap Rank

#8582 Global

#2037 in China

Share Price

CN¥5.11

Change (1 day)

+1.59%

52-Week Range

CN¥4.62 - CN¥8.42

All Time High

CN¥8.42