Ningbo Water Meter Co Ltd Cash Flow Conversion Efficiency

Latest as of September 2025: 0.020x

Ningbo Water Meter Co Ltd cash flow conversion efficiency. 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.

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

Cash flow conversion efficiency of Ningbo Water Meter Co Ltd from 2013 to 2024. This chart illustrates how Ningbo Water Meter Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. View 603700 live share price for real-time trading data and today's change.

Ningbo Water Meter Co Ltd Cash Flow Conversion Ratio Explained

Ningbo Water Meter Co Ltd cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.

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

Company	Cash Flow Conversion Efficiency
Tianjin Hi-Tech Development Co Ltd SHG:600082	0.317x
Hai An Transport and Stevedoring JSC VN:HAH	0.071x
NanJing Sanchao Advanced Materials Co Ltd SHE:300554	-0.017x
Ainsworth Game Technology Ltd AU:AGI	-0.017x
Afrimat JSE:AFT	0.117x
Double Bond Chemical Ind Co Ltd TW:4764	0.040x
Zhejiang Dayang Biotech Group Co SHE:003017	0.001x
TangYuan Electric SHE:300789	-0.035x

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. Review 603700 free cash flow generation to assess how much free cash flow the company generates relative to operating cash flow.

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

$307.24 Million

CN¥2.10 Billion CNY

Market Cap Rank

#14378 Global

#4281 in China

Share Price

CN¥10.50

Change (1 day)

-3.58%

52-Week Range

CN¥10.50 - CN¥14.78

All Time High

CN¥47.71