Ningbo Water Meter Co Ltd (603700) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.020x

Based on the latest financial reports, Ningbo Water Meter Co Ltd (603700) has a cash flow conversion efficiency ratio of 0.020x 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¥33.20 Million ≈ $4.86 Million USD) by net assets (CN¥1.63 Billion ≈ $238.24 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 Ningbo Water Meter Co Ltd (603700) net asset quality to measure how much of total assets are equity-financed.

Ningbo Water Meter Co Ltd - Cash Flow Conversion Efficiency Trend (2013–2024)

This chart illustrates how Ningbo Water Meter Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check 603700 cash to earnings ratio to evaluate the quality of earnings relative to operating cash generation.

Ningbo Water Meter Co Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Ningbo Water Meter Co Ltd ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Lexeo Therapeutics, Inc. Common Stock NASDAQ:LXEO	-0.091x
One Stop Systems Inc NASDAQ:OSS	0.089x
Propel Funeral Partners Ltd AU:PFP	0.059x
Radiant Logistics Inc NYSE MKT:RLGT	0.011x
Guangdong New Grand Long Packing Co Ltd SHE:002836	-0.084x
Kailong High Technology Co. Ltd. SHE:300912	N/A
RPSG VENTURES LIMITED NSE:RPSGVENT	0.209x
Viettel Construction JSC VN:CTR	-0.089x

Annual Cash Flow Conversion Efficiency for Ningbo Water Meter Co Ltd (2013–2024)

The table below shows the annual cash flow conversion efficiency of Ningbo Water Meter Co Ltd from 2013 to 2024. For the full company profile with market capitalisation and key ratios, see market cap of Ningbo Water Meter Co Ltd.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CN¥1.60 Billion ≈ $234.85 Million	CN¥83.03 Million ≈ $12.15 Million	0.052x	-54.98%
2023-12-31	CN¥1.61 Billion ≈ $235.47 Million	CN¥184.90 Million ≈ $27.06 Million	0.115x	+109.02%
2022-12-31	CN¥1.53 Billion ≈ $224.26 Million	CN¥84.25 Million ≈ $12.33 Million	0.055x	-45.50%
2021-12-31	CN¥1.60 Billion ≈ $233.59 Million	CN¥161.01 Million ≈ $23.56 Million	0.101x	+15.70%
2020-12-31	CN¥1.45 Billion ≈ $212.77 Million	CN¥126.76 Million ≈ $18.55 Million	0.087x	-22.26%
2019-12-31	CN¥1.25 Billion ≈ $182.33 Million	CN¥139.72 Million ≈ $20.45 Million	0.112x	-43.69%
2018-12-31	CN¥512.91 Million ≈ $75.05 Million	CN¥102.14 Million ≈ $14.95 Million	0.199x	-37.42%
2017-12-31	CN¥420.65 Million ≈ $61.55 Million	CN¥133.85 Million ≈ $19.59 Million	0.318x	-23.09%
2016-12-31	CN¥370.98 Million ≈ $54.29 Million	CN¥153.48 Million ≈ $22.46 Million	0.414x	+55.40%
2015-12-31	CN¥285.14 Million ≈ $41.73 Million	CN¥75.91 Million ≈ $11.11 Million	0.266x	-47.82%
2014-12-31	CN¥192.34 Million ≈ $28.14 Million	CN¥98.12 Million ≈ $14.36 Million	0.510x	-0.08%
2013-12-31	CN¥152.56 Million ≈ $22.32 Million	CN¥77.90 Million ≈ $11.40 Million	0.511x	--

About Ningbo Water Meter Co Ltd

SHG:603700 China Electrical Equipment & Parts

Market Cap

$329.77 Million

CN¥2.25 Billion CNY

Market Cap Rank

#14378 Global

#4289 in China

Share Price

CN¥11.27

Change (1 day)

-2.42%

52-Week Range

CN¥10.64 - CN¥14.78

All Time High

CN¥47.71