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 603700 defensive interval ratio to measure how many days the company can operate on defensive assets alone.

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.

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
Zhuzhou Feilu High-Tech Materials Co Ltd SHE:300665	0.019x
Sidus Space Inc NASDAQ:SIDU	-0.119x
Astarta Holding N.V. WAR:AST	0.026x
Oponeo.pl SA WAR:OPN	-0.042x
TROOPS Inc NASDAQ:TROO	-0.081x
Beijing Sanfo Outdoor Products Co Ltd SHE:002780	-0.027x
Sunplus Innovation Technology Inc. TWO:5236	0.078x
Southern Score Builders Berhad KLSE:0045	0.004x

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

$313.97 Million

CN¥2.15 Billion CNY

Market Cap Rank

#14690 Global

#4382 in China

Share Price

CN¥10.73

Change (1 day)

-0.19%

52-Week Range

CN¥10.64 - CN¥14.78

All Time High

CN¥47.71