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.
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. Read 603650 current and long-term liabilities for a breakdown of total debt and financial obligations.
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 |
|---|---|
|
Mercury Systems Inc
NASDAQ:MRCY
|
0.033x |
|
Phillips Edison & Co Inc
NASDAQ:PECO
|
0.037x |
|
JYSKE BK. UNS.ADR 1/5 DK1
F:JYS
|
N/A |
|
Galenica Sante AG
SW:GALE
|
0.075x |
|
Ho Chi Minh City Development Joint Stock Commercial Bank
VN:HDB
|
0.622x |
|
ShenZhen YUTO Packaging Technology Co Ltd
SHE:002831
|
0.052x |
|
COSCO SHIPPING Holdings Co. Ltd
F:C6G
|
0.025x |
|
Sam Yang Foods
KO:003230
|
0.104x |
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. For the full company profile with market capitalisation and key ratios, see Red Avenue New Materials Group Co Ltd stock valuation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 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 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