Red Avenue New Materials Group Co Ltd (603650) - Cash Flow Conversion Efficiency
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 ≈ $31.04 Million USD) by net assets (CN¥3.64 Billion ≈ $532.79 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 603650 equity to assets ratio to measure how much of total assets are equity-financed.
Red Avenue New Materials Group Co Ltd - Cash Flow Conversion Efficiency Trend (2014–2025)
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. Check 603650 cash flow quality score to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
Shanghai 2345 Network Holding Group
SHE:002195
|
0.028x |
|
Paramount Skydance Corporation Class B Common Stock
NASDAQ:PSKY
|
0.007x |
|
Bruker Corporation
NASDAQ:BRKR
|
0.092x |
|
Eregli Demir ve Celik Fabrikalari TAS
IS:EREGL
|
-0.068x |
|
The People's Insurance Company (Group) of China Limited
F:PIR
|
0.071x |
|
Flagstar Financial, Inc.
NYSE:FLG
|
-0.016x |
|
Yanzhou Coal Mining Company Limited
F:YZC
|
0.000x |
|
Vipshop Holdings Limited
F:1VPA
|
N/A |
Annual Cash Flow Conversion Efficiency for Red Avenue New Materials Group Co Ltd (2014–2025)
The table below shows the annual cash flow conversion efficiency of Red Avenue New Materials Group Co Ltd from 2014 to 2025. For the full company profile with market capitalisation and key ratios, see 603650 company net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | CN¥4.26 Billion ≈ $623.18 Million |
CN¥338.24 Million ≈ $49.49 Million |
0.079x | +13.25% |
| 2024-12-31 | CN¥3.46 Billion ≈ $506.21 Million |
CN¥242.60 Million ≈ $35.50 Million |
0.070x | +33.49% |
| 2023-12-31 | CN¥3.50 Billion ≈ $512.88 Million |
CN¥184.12 Million ≈ $26.94 Million |
0.053x | +60.66% |
| 2022-12-31 | CN¥3.14 Billion ≈ $459.79 Million |
CN¥102.75 Million ≈ $15.03 Million |
0.033x | -73.03% |
| 2021-12-31 | CN¥2.84 Billion ≈ $416.08 Million |
CN¥344.72 Million ≈ $50.44 Million |
0.121x | +53.05% |
| 2020-12-31 | CN¥2.61 Billion ≈ $382.33 Million |
CN¥206.97 Million ≈ $30.29 Million |
0.079x | -54.31% |
| 2019-12-31 | CN¥2.42 Billion ≈ $353.46 Million |
CN¥418.78 Million ≈ $61.28 Million |
0.173x | +13.69% |
| 2018-12-31 | CN¥2.31 Billion ≈ $337.81 Million |
CN¥352.04 Million ≈ $51.51 Million |
0.152x | -20.34% |
| 2017-12-31 | CN¥1.20 Billion ≈ $175.28 Million |
CN¥229.30 Million ≈ $33.55 Million |
0.191x | -23.09% |
| 2016-12-31 | CN¥1.03 Billion ≈ $150.14 Million |
CN¥255.37 Million ≈ $37.37 Million |
0.249x | -37.93% |
| 2015-12-31 | CN¥424.76 Million ≈ $62.16 Million |
CN¥170.32 Million ≈ $24.92 Million |
0.401x | +83.58% |
| 2014-12-31 | CN¥540.20 Million ≈ $79.05 Million |
CN¥117.99 Million ≈ $17.27 Million |
0.218x | -- |
About Red Avenue New Materials Group Co Ltd
Red Avenue New Materials Group Co., Ltd. engages in the research, development, production, processing, and sales of fine chemical raw materials, chemical products, rubber and plastic processing aids, accelerators, microelectronic materials, and biodegradable plastic in China and internationally. The company offers resins, such as tackifying resin, P-tert-butyl Phenol formaldehyde tackifying resin… Read more