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. Also see 603700 company net worth for the company's overall valuation and market capitalisation.

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. Explore Ningbo Water Meter Co Ltd (603700) cash earnings ratio to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
Zhejiang Dayang Biotech Group Co SHE:003017	0.001x
Jiusheng Electric Co. LTD SHE:301082	N/A
Fujian Yuanxiang New Materials Co. Ltd. A SHE:301300	N/A
Orchestra BioMed Holdings Inc. NASDAQ:OBIO	-0.657x
Jiangsu Feiliks Intl Logistics SHE:300240	-0.006x
Development Investment Construction JSC VN:DIG	0.113x
ZCCM Investments Holdings Plc PA:MLZAM	-0.002x
Jiangsu Daybright Intelligent Electric Co Ltd SHE:300670	0.029x

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. View Ningbo Water Meter 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¥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

$327.43 Million

CN¥2.24 Billion CNY

Market Cap Rank

#14525 Global

#4342 in China

Share Price

CN¥11.19

Change (1 day)

-0.53%

52-Week Range

CN¥10.64 - CN¥14.78

All Time High

CN¥47.71