Jiangsu New Energy Development Co Ltd Cash Flow Conversion Efficiency
Jiangsu New Energy Development Co Ltd cash flow conversion efficiency. Based on the latest financial reports, Jiangsu New Energy Development Co Ltd (603693) has a cash flow conversion efficiency ratio of 0.063x 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¥519.94 Million ≈ $76.08 Million USD) by net assets (CN¥8.28 Billion ≈ $1.21 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of Jiangsu New Energy Development Co Ltd (2013–2024)
Cash flow conversion efficiency of Jiangsu New Energy Development Co Ltd from 2013 to 2024. This chart illustrates how Jiangsu New Energy Development Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. View current stock price of Jiangsu New Energy Development Co Ltd for real-time trading data and today's change.
Jiangsu New Energy Development Co Ltd Cash Flow Conversion Ratio Explained
Jiangsu New Energy Development Co Ltd cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
Jiangsu New Energy Development Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Jiangsu New Energy Development Co Ltd ranked by their cash flow conversion efficiency. Also see 603693 market cap for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
China National Accord Medicines Corp Ltd
SHE:000028
|
-0.020x |
|
InfoVision Optoelectronics Kunshan Co Ltd
SHG:688055
|
-0.009x |
|
Quick Intelligent Equipment Co Ltd
SHG:603203
|
0.036x |
|
Jiamei Food Packaging Chuzhou Co
SHE:002969
|
0.035x |
|
Ashtrom Group Ltd
TA:ASHG
|
-0.090x |
|
Sanbo Hospital Management Group Ltd. A
SHE:301293
|
N/A |
|
J & J Snack Foods Corp
NASDAQ:JJSF
|
0.055x |
|
Harbin Hatou Investment Co Ltd
SHG:600864
|
0.090x |
Annual Cash Flow Conversion Efficiency for Jiangsu New Energy Development Co Ltd (2013–2024)
The table below shows the annual cash flow conversion efficiency of Jiangsu New Energy Development Co Ltd from 2013 to 2024. Review Jiangsu New Energy Development Co Ltd free cash flow ratio to assess how much free cash flow the company generates relative to operating cash flow.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥7.90 Billion ≈ $1.16 Billion |
CN¥989.51 Million ≈ $144.80 Million |
0.125x | +0.53% |
| 2023-12-31 | CN¥7.37 Billion ≈ $1.08 Billion |
CN¥918.72 Million ≈ $134.44 Million |
0.125x | -36.18% |
| 2022-12-31 | CN¥7.00 Billion ≈ $1.02 Billion |
CN¥1.37 Billion ≈ $199.95 Million |
0.195x | +64.54% |
| 2021-12-31 | CN¥6.43 Billion ≈ $941.00 Million |
CN¥762.91 Million ≈ $111.64 Million |
0.119x | -24.52% |
| 2020-12-31 | CN¥5.16 Billion ≈ $754.86 Million |
CN¥810.80 Million ≈ $118.64 Million |
0.157x | +53.76% |
| 2019-12-31 | CN¥5.06 Billion ≈ $740.74 Million |
CN¥517.44 Million ≈ $75.72 Million |
0.102x | -41.37% |
| 2018-12-31 | CN¥4.92 Billion ≈ $719.83 Million |
CN¥857.67 Million ≈ $125.50 Million |
0.174x | -12.88% |
| 2017-12-31 | CN¥3.68 Billion ≈ $538.43 Million |
CN¥736.37 Million ≈ $107.75 Million |
0.200x | +4.34% |
| 2016-12-31 | CN¥3.37 Billion ≈ $493.33 Million |
CN¥646.61 Million ≈ $94.62 Million |
0.192x | +33.74% |
| 2015-12-31 | CN¥3.03 Billion ≈ $443.31 Million |
CN¥434.45 Million ≈ $63.57 Million |
0.143x | -24.94% |
| 2014-12-31 | CN¥1.90 Billion ≈ $277.47 Million |
CN¥362.27 Million ≈ $53.01 Million |
0.191x | -56.91% |
| 2013-12-31 | CN¥1.00 Billion ≈ $146.61 Million |
CN¥444.27 Million ≈ $65.01 Million |
0.443x | -- |
About Jiangsu New Energy Development Co Ltd
Jiangsu New Energy Development Co., Ltd. develops, constructs, manages, operates, and invests in new energy projects. It is involved in wind energy, solar energy, biomass energy, geothermal energy, ocean energy, and natural gas hydrate projects. The company was founded in 2002 and is based in Nanjing, China. Jiangsu New Energy Development Co., Ltd. is a subsidiary of Jiangsu Guoxin Group Limited.