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.
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. Read 603693 current and long-term liabilities for a breakdown of total debt and financial obligations.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Thai President Foods Public Company Limited
BK:TFMAMA
|
0.024x |
|
Cuprum
SN:CUPRUM
|
0.041x |
|
Riyue Heavy Industry Co Ltd
SHG:603218
|
0.076x |
|
E-Mart
KO:139480
|
0.069x |
|
ANADOLU E.BIR.M. ADR 1/5
F:EF41
|
0.039x |
|
Grandjoy Holdings Group Co Ltd
SHE:000031
|
-0.023x |
|
Crompton Greaves Consumer Electricals Limited
NSE:CROMPTON
|
0.011x |
|
Dongguan Aohai Technology Co
SHE:002993
|
0.066x |
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. For the full company profile with market capitalisation and key ratios, see how much is Jiangsu New Energy Development Co Ltd worth.
| 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.