Ningbo Orient Wires and Cables Co Ltd (603606) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Ningbo Orient Wires and Cables Co Ltd (603606) has a cash flow conversion efficiency ratio of 0.196x as of December 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¥1.64 Billion ≈ $240.50 Million USD) by net assets (CN¥8.37 Billion ≈ $1.23 Billion 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 Ningbo Orient Wires and Cables Co Ltd to measure how many days the company can operate on defensive assets alone.
Ningbo Orient Wires and Cables Co Ltd - Cash Flow Conversion Efficiency Trend (2011–2025)
This chart illustrates how Ningbo Orient Wires and Cables Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Ningbo Orient Wires and Cables Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Ningbo Orient Wires and Cables Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Granite Real Estate Investment Trust
NYSE:GRTUF
|
0.017x |
|
Marex Group plc Ordinary Shares
NASDAQ:MRX
|
-0.206x |
|
Brinks Company
NYSE:BCO
|
0.073x |
|
Optowide Technologies Co. Ltd. A
SHG:688195
|
N/A |
|
Sunrise Communications AG
NASDAQ:SNRE
|
0.071x |
|
Acerinox
MC:ACX
|
0.016x |
|
PJT Partners Inc
NYSE:PJT
|
0.069x |
|
OPENLANE, Inc.
NYSE:OPLN
|
0.103x |
Annual Cash Flow Conversion Efficiency for Ningbo Orient Wires and Cables Co Ltd (2011–2025)
The table below shows the annual cash flow conversion efficiency of Ningbo Orient Wires and Cables Co Ltd from 2011 to 2025. For the full company profile with market capitalisation and key ratios, see 603606 market cap.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | CN¥8.37 Billion ≈ $1.23 Billion |
CN¥1.97 Billion ≈ $287.77 Million |
0.235x | +44.84% |
| 2024-12-31 | CN¥6.86 Billion ≈ $1.00 Billion |
CN¥1.11 Billion ≈ $162.82 Million |
0.162x | -14.32% |
| 2023-12-31 | CN¥6.29 Billion ≈ $920.51 Million |
CN¥1.19 Billion ≈ $174.20 Million |
0.189x | +60.64% |
| 2022-12-31 | CN¥5.49 Billion ≈ $803.94 Million |
CN¥647.24 Million ≈ $94.71 Million |
0.118x | -1.80% |
| 2021-12-31 | CN¥4.89 Billion ≈ $714.94 Million |
CN¥586.15 Million ≈ $85.77 Million |
0.120x | -45.88% |
| 2020-12-31 | CN¥3.13 Billion ≈ $458.12 Million |
CN¥693.98 Million ≈ $101.55 Million |
0.222x | -29.32% |
| 2019-12-31 | CN¥2.14 Billion ≈ $313.54 Million |
CN¥672.02 Million ≈ $98.34 Million |
0.314x | +9.58% |
| 2018-12-31 | CN¥1.73 Billion ≈ $253.76 Million |
CN¥496.34 Million ≈ $72.63 Million |
0.286x | +167.44% |
| 2017-12-31 | CN¥1.58 Billion ≈ $231.36 Million |
CN¥-670.99 Million ≈ $-98.19 Million |
-0.424x | -327.10% |
| 2016-12-31 | CN¥853.69 Million ≈ $124.92 Million |
CN¥159.54 Million ≈ $23.35 Million |
0.187x | +19.98% |
| 2015-12-31 | CN¥807.71 Million ≈ $118.19 Million |
CN¥125.81 Million ≈ $18.41 Million |
0.156x | -41.27% |
| 2014-12-31 | CN¥771.46 Million ≈ $112.89 Million |
CN¥204.60 Million ≈ $29.94 Million |
0.265x | +514.10% |
| 2013-12-31 | CN¥522.46 Million ≈ $76.45 Million |
CN¥-33.46 Million ≈ $-4.90 Million |
-0.064x | -119.06% |
| 2012-12-31 | CN¥499.30 Million ≈ $73.06 Million |
CN¥167.74 Million ≈ $24.55 Million |
0.336x | +194.49% |
| 2011-12-31 | CN¥421.23 Million ≈ $61.64 Million |
CN¥-149.77 Million ≈ $-21.92 Million |
-0.356x | -- |
About Ningbo Orient Wires and Cables Co Ltd
Ningbo Orient Wires & Cables Co.,Ltd. engages in the research, development, manufacturing, and sale of various submarine and terrestrial cable products in China and internationally. The company offers power engineering and equipment cables for smart power transmission and distribution network, smart buildings and homes, rail transit, equipment power consumption, and green petrochemicals; and subm… Read more