Jiangsu New Energy Development Co Ltd (603693) - 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. Also see Jiangsu New Energy Development Co Ltd market capitalisation for the company's overall valuation and market capitalisation.
Jiangsu New Energy Development Co Ltd - Cash Flow Conversion Efficiency Trend (2013–2024)
This chart illustrates how Jiangsu New Energy Development Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data.
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. Explore Jiangsu New Energy Development Co Ltd cash earnings quality to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Hanall Biopharma
KO:009420
|
0.047x |
|
Essity AB (publ)
ST:ESSITY-A
|
0.033x |
|
Investment and Industrial Development Joint Stock Corp
VN:BCM
|
-0.049x |
|
ManpowerGroup Inc
NYSE:MAN
|
-0.061x |
|
Grand City Properties SA
F:GYC
|
0.012x |
|
Milkyway Chemical Supply Chain Service Co Ltd
SHG:603713
|
-0.055x |
|
Hankook Tire Worldwide
KO:000240
|
0.016x |
|
Natco Pharma Limited
NSE:NATCOPHARM
|
0.138x |
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. View Jiangsu New Energy Development Co Ltd stock price for real-time trading data and today's change.
| 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.