Red Avenue New Materials Group Co Ltd
Red Avenue New Materials Group Co., Ltd. engages in the provision of new materials in China and internationally. The company offers resins, such as tackifying resin, P-tert-butyl Phenol formaldehyde tackifying resin, P-octyl Phenol formaldehyde tackifying resin, straight Phenol formaldehyde resin, tall oil modification Phenol formaldehyde resin, CNSL modified phenol formaldehyde reinforcing resin… Read more
Red Avenue New Materials Group Co Ltd (603650) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: 0.058x
Based on the latest financial reports, Red Avenue New Materials Group Co Ltd (603650) has a cash flow conversion efficiency ratio of 0.058x 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¥212.11 Million) by net assets (CN¥3.64 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Red Avenue New Materials Group Co Ltd - Cash Flow Conversion Efficiency Trend (2014–2024)
This chart illustrates how Red Avenue New Materials Group Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Red Avenue New Materials Group Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Red Avenue New Materials Group Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
ZYMEWORKS DL-00001
F:ZA8
|
N/A |
|
Sunstone Development Co Ltd
SHG:603612
|
0.094x |
|
Zhuzhou Kibing Group Co Ltd
SHG:601636
|
0.050x |
|
FinVolution Group
NYSE:FINV
|
0.052x |
|
Harbour Energy plc
PINK:PMOIF
|
0.406x |
|
China Great Wall Securities Co Ltd Class A
SHE:002939
|
0.040x |
|
CNNC Hua Yuan Titanium Dioxide Co Ltd
SHE:002145
|
0.002x |
|
Innergex Renewable Energy Inc.
PINK:INGXF
|
0.046x |
Annual Cash Flow Conversion Efficiency for Red Avenue New Materials Group Co Ltd (2014–2024)
The table below shows the annual cash flow conversion efficiency of Red Avenue New Materials Group Co Ltd from 2014 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥3.46 Billion | CN¥242.60 Million | 0.070x | +33.49% |
| 2023-12-31 | CN¥3.50 Billion | CN¥184.12 Million | 0.053x | +60.66% |
| 2022-12-31 | CN¥3.14 Billion | CN¥102.75 Million | 0.033x | -73.03% |
| 2021-12-31 | CN¥2.84 Billion | CN¥344.72 Million | 0.121x | +53.05% |
| 2020-12-31 | CN¥2.61 Billion | CN¥206.97 Million | 0.079x | -54.31% |
| 2019-12-31 | CN¥2.42 Billion | CN¥418.78 Million | 0.173x | +13.69% |
| 2018-12-31 | CN¥2.31 Billion | CN¥352.04 Million | 0.152x | -20.34% |
| 2017-12-31 | CN¥1.20 Billion | CN¥229.30 Million | 0.191x | -23.09% |
| 2016-12-31 | CN¥1.03 Billion | CN¥255.37 Million | 0.249x | -37.93% |
| 2015-12-31 | CN¥424.76 Million | CN¥170.32 Million | 0.401x | +83.58% |
| 2014-12-31 | CN¥540.20 Million | CN¥117.99 Million | 0.218x | -- |