Ningbo Fuda Co Ltd Cash Flow Conversion Efficiency

Latest as of June 2023: 0.045x

Ningbo Fuda Co Ltd 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.

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

Cash flow conversion efficiency of Ningbo Fuda Co Ltd from 2015 to 2024. This chart illustrates how Ningbo Fuda Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. View 600724 share price today for real-time trading data and today's change.

Ningbo Fuda Co Ltd Cash Flow Conversion Ratio Explained

Ningbo Fuda Co Ltd cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.

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. Also see Ningbo Fuda Co Ltd (600724) market capitalisation for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
Hangzhou Cogeneration Group Co Ltd SHG:605011	0.006x
Yext Inc NYSE:YEXT	0.055x
IDI Insurance Company Ltd TA:IDIN	0.678x
Warom Technology Inc Co SHG:603855	-0.016x
Groupe Dynamite Inc TO:GRGD	1.361x
Mcmillan Shakespeare Ltd AU:MMS	-0.294x
Guararapes Confecções S.A SA:GUAR3	0.075x
Beijing Jingwei Hirain Technologies Co. Ltd. A SHG:688326	-0.001x

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. Review cash generation quality of Ningbo Fuda Co Ltd to assess how much free cash flow the company generates relative to operating cash flow.

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

$932.65 Million

CN¥6.37 Billion CNY

Market Cap Rank

#8887 Global

#2129 in China

Share Price

CN¥4.41

Change (1 day)

-1.78%

52-Week Range

CN¥4.31 - CN¥8.42

All Time High

CN¥8.42