Nantong Haixing Electronics Co Ltd (603115) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Nantong Haixing Electronics Co Ltd (603115) has a cash flow conversion efficiency ratio of 0.000x as of September 2025. 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¥-718.43K ≈ $-105.13K USD) by net assets (CN¥2.07 Billion ≈ $302.20 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 603115 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Nantong Haixing Electronics Co Ltd - Cash Flow Conversion Efficiency Trend (2014–2024)
This chart illustrates how Nantong Haixing Electronics Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Nantong Haixing Electronics Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Nantong Haixing Electronics Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Yinyi Real Estate Co Ltd
SHE:000981
|
0.006x |
|
Tutor Perini Corporation
NYSE:TPC
|
0.116x |
|
Silgan Holdings Inc
NYSE:SLGN
|
-0.345x |
|
De Grey Mining Ltd
AU:DEG
|
0.000x |
|
MarketAxess Holdings Inc
NASDAQ:MKTX
|
0.078x |
|
Tanger Factory Outlet Centers Inc
NYSE:SKT
|
0.055x |
|
Nanjing Iron & Steel Co Ltd
SHG:600282
|
0.018x |
|
INTERCORP FIN.SERV. O.N.
F:9IFA
|
0.230x |
Annual Cash Flow Conversion Efficiency for Nantong Haixing Electronics Co Ltd (2014–2024)
The table below shows the annual cash flow conversion efficiency of Nantong Haixing Electronics Co Ltd from 2014 to 2024. For the full company profile with market capitalisation and key ratios, see Nantong Haixing Electronics Co Ltd market cap and net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥2.04 Billion ≈ $298.03 Million |
CN¥61.30 Million ≈ $8.97 Million |
0.030x | -66.79% |
| 2023-12-31 | CN¥1.99 Billion ≈ $291.07 Million |
CN¥180.29 Million ≈ $26.38 Million |
0.091x | +4.76% |
| 2022-12-31 | CN¥2.03 Billion ≈ $297.07 Million |
CN¥175.64 Million ≈ $25.70 Million |
0.087x | -8.18% |
| 2021-12-31 | CN¥1.99 Billion ≈ $291.12 Million |
CN¥187.47 Million ≈ $27.43 Million |
0.094x | +255.23% |
| 2020-12-31 | CN¥1.25 Billion ≈ $182.46 Million |
CN¥33.08 Million ≈ $4.84 Million |
0.027x | -62.97% |
| 2019-12-31 | CN¥1.29 Billion ≈ $188.41 Million |
CN¥92.24 Million ≈ $13.50 Million |
0.072x | -69.81% |
| 2018-12-31 | CN¥800.86 Million ≈ $117.19 Million |
CN¥190.03 Million ≈ $27.81 Million |
0.237x | +21.22% |
| 2017-12-31 | CN¥710.18 Million ≈ $103.92 Million |
CN¥139.01 Million ≈ $20.34 Million |
0.196x | +52.13% |
| 2016-12-31 | CN¥679.33 Million ≈ $99.41 Million |
CN¥87.41 Million ≈ $12.79 Million |
0.129x | +54.28% |
| 2015-12-31 | CN¥617.34 Million ≈ $90.34 Million |
CN¥51.49 Million ≈ $7.53 Million |
0.083x | -45.39% |
| 2014-12-31 | CN¥523.43 Million ≈ $76.59 Million |
CN¥79.93 Million ≈ $11.70 Million |
0.153x | -- |
About Nantong Haixing Electronics Co Ltd
Nantong Haixing Electronics Co., Ltd. engages in the research, development, production, and sale of electrode foils for aluminum electrolytic capacitors in the People's Republic of China. It offers medium and high voltage etched and formed foils; and low voltage etched and formed foils. The company was founded in 1998 and is based in Nantong, the People's Republic of China.