Opple Lighting Co Ltd (603515) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Opple Lighting Co Ltd (603515) has a cash flow conversion efficiency ratio of 1.058x 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¥7.05 Billion ≈ $1.03 Billion USD) by net assets (CN¥6.66 Billion ≈ $974.52 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 operational self-sufficiency of Opple Lighting Co Ltd to measure how many days the company can operate on defensive assets alone.
Opple Lighting Co Ltd - Cash Flow Conversion Efficiency Trend (2011–2024)
This chart illustrates how Opple Lighting Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Opple Lighting Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Opple Lighting Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
China Bester Group Telecom Co Ltd
SHG:603220
|
0.049x |
|
WeRide Inc. American Depositary Shares
NASDAQ:WRD
|
0.022x |
|
Shenyang Machine Tool Co Ltd
SHE:000410
|
0.062x |
|
AVI LTD (UNSP.ADR)/5
F:IZ60
|
N/A |
|
Watsco Inc
NYSE:WSO-B
|
-0.006x |
|
Anywhere Real Estate Inc
NYSE:HOUS
|
0.078x |
|
Zhejiang Transfar Co Ltd
SHE:002010
|
0.006x |
|
Shanghai Chinafortune Co Ltd
SHG:600621
|
0.369x |
Annual Cash Flow Conversion Efficiency for Opple Lighting Co Ltd (2011–2024)
The table below shows the annual cash flow conversion efficiency of Opple Lighting Co Ltd from 2011 to 2024. For the full company profile with market capitalisation and key ratios, see market cap of Opple Lighting Co Ltd.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥6.72 Billion ≈ $983.94 Million |
CN¥819.14 Million ≈ $119.87 Million |
0.122x | -51.31% |
| 2023-12-31 | CN¥6.66 Billion ≈ $974.96 Million |
CN¥1.67 Billion ≈ $243.93 Million |
0.250x | +251.92% |
| 2022-12-31 | CN¥6.11 Billion ≈ $893.45 Million |
CN¥434.08 Million ≈ $63.52 Million |
0.071x | -39.88% |
| 2021-12-31 | CN¥5.83 Billion ≈ $853.10 Million |
CN¥689.38 Million ≈ $100.88 Million |
0.118x | -39.74% |
| 2020-12-31 | CN¥5.25 Billion ≈ $768.55 Million |
CN¥1.03 Billion ≈ $150.82 Million |
0.196x | -11.58% |
| 2019-12-31 | CN¥5.02 Billion ≈ $734.07 Million |
CN¥1.11 Billion ≈ $162.93 Million |
0.222x | +55.03% |
| 2018-12-31 | CN¥4.34 Billion ≈ $634.75 Million |
CN¥621.05 Million ≈ $90.88 Million |
0.143x | -48.19% |
| 2017-12-31 | CN¥3.63 Billion ≈ $531.85 Million |
CN¥1.00 Billion ≈ $146.97 Million |
0.276x | -25.09% |
| 2016-12-31 | CN¥3.14 Billion ≈ $460.12 Million |
CN¥1.16 Billion ≈ $169.75 Million |
0.369x | +63.38% |
| 2015-12-31 | CN¥1.83 Billion ≈ $268.49 Million |
CN¥414.32 Million ≈ $60.63 Million |
0.226x | +154.63% |
| 2014-12-31 | CN¥1.61 Billion ≈ $234.89 Million |
CN¥142.36 Million ≈ $20.83 Million |
0.089x | -73.81% |
| 2013-12-31 | CN¥1.51 Billion ≈ $221.48 Million |
CN¥512.44 Million ≈ $74.99 Million |
0.339x | +1.24% |
| 2012-12-31 | CN¥1.24 Billion ≈ $181.58 Million |
CN¥415.01 Million ≈ $60.73 Million |
0.334x | +17.89% |
| 2011-12-31 | CN¥548.82 Million ≈ $80.31 Million |
CN¥155.69 Million ≈ $22.78 Million |
0.284x | -- |
About Opple Lighting Co Ltd
Opple Lighting Co.,LTD engages in the research and development, production, and sale of smart lighting products in China and internationally. The company offers home lighting, commercial lighting, and light sources and control products. It also provides lamps and overall lighting solutions. Opple Lighting Co.,LTD was founded in 2018 and is based in Shanghai, China.