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.

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. Read Ningbo Fuda Co Ltd balance sheet liabilities for a breakdown of total debt and financial obligations.

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
TriMas Corporation NASDAQ:TRS	0.050x
Petrovietnam Power Corp VN:POW	-0.080x
Hengbao Co Ltd SHE:002104	0.011x
Leggett & Platt Incorporated NYSE:LEG	0.123x
Bank of Qingdao Co. Ltd F:4BQ	0.192x
Xinjiang Guannong Fruit & Antler Group Co Ltd SHG:600251	0.027x
Legend Holdings Corporation F:1PC	-0.009x
Grainger PLC F:1U4	0.015x

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

$1.47 Billion

CN¥10.07 Billion CNY

Market Cap Rank

#7461 Global

#1795 in China

Share Price

CN¥6.97

Change (1 day)

+0.14%

52-Week Range

CN¥4.45 - CN¥7.34

All Time High

CN¥7.99