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.

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. Read 603700 total liabilities for a breakdown of total debt and financial obligations.

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
Tallinna Kaubamaja Grupp AS F:UE8	0.102x
Zhongjie (Jiangsu) Technology Co.Ltd. SHE:301072	N/A
Wuhan Hanshang Group Co Ltd SHG:600774	0.015x
Erajaya Swasembada Tbk JK:ERAA	-0.423x
Taiwan Steel Union Co Ltd TW:6581	0.035x
Claros Mortgage Trust Inc NYSE:CMTG	0.005x
Dipula Income Fund Ltd JSE:DIB	0.021x
TSS, Inc. Common Stock NASDAQ:TSSI	0.213x

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 Ningbo Water Meter Co Ltd market cap and net worth.

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

$378.63 Million

CN¥2.59 Billion CNY

Market Cap Rank

#13934 Global

#4382 in China

Share Price

CN¥12.94

Change (1 day)

+0.15%

52-Week Range

CN¥11.15 - CN¥14.78

All Time High

CN¥47.71