Ningbo Changhong Polymer Scientific & Technical Inc
Ningbo Changhong Polymer Scientific and Technical Inc. engages in the research, development, production, and sale of styrene-based thermoplastic elastomers in China. It offers Styrene-butadiene-styrene, styrene-ethylene-butylene-styrene, styrene-isoprene-styrene, and styrene-ethylene-propylene-styrene used in rubber products. The company was founded in 2012 and is based in Ningbo, China.
Ningbo Changhong Polymer Scientific & Technical Inc (605008) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: -0.082x
Based on the latest financial reports, Ningbo Changhong Polymer Scientific & Technical Inc (605008) has a cash flow conversion efficiency ratio of -0.082x 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¥-165.58 Million) by net assets (CN¥2.03 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Ningbo Changhong Polymer Scientific & Technical Inc - Cash Flow Conversion Efficiency Trend (2016–2024)
This chart illustrates how Ningbo Changhong Polymer Scientific & Technical Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Ningbo Changhong Polymer Scientific & Technical Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Ningbo Changhong Polymer Scientific & Technical Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
DSC Investment Inc
KQ:241520
|
-0.040x |
|
Strandline Resources Limited
PINK:STQNF
|
-0.259x |
|
Galaxy Surfactants Limited
NSE:GALAXYSURF
|
0.067x |
|
Lime Technologies AB (publ)
ST:LIME
|
0.083x |
|
Kerjaya Prospek Group Bhd
KLSE:7161
|
0.003x |
|
Tourism Holdings Rentals Ltd
AU:THL
|
0.007x |
|
CCS Supply Chain Management Co Ltd
SHG:600180
|
0.028x |
|
Ames National Corporation
NASDAQ:ATLO
|
0.013x |
Annual Cash Flow Conversion Efficiency for Ningbo Changhong Polymer Scientific & Technical Inc (2016–2024)
The table below shows the annual cash flow conversion efficiency of Ningbo Changhong Polymer Scientific & Technical Inc from 2016 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥1.99 Billion | CN¥348.64 Million | 0.175x | +54.55% |
| 2023-12-31 | CN¥2.06 Billion | CN¥232.93 Million | 0.113x | +206.42% |
| 2022-12-31 | CN¥2.01 Billion | CN¥74.12 Million | 0.037x | +209.79% |
| 2021-12-31 | CN¥1.82 Billion | CN¥-61.35 Million | -0.034x | -212.11% |
| 2020-12-31 | CN¥1.75 Billion | CN¥52.61 Million | 0.030x | -82.83% |
| 2019-12-31 | CN¥1.01 Billion | CN¥175.82 Million | 0.175x | +7.13% |
| 2018-12-31 | CN¥790.38 Million | CN¥129.00 Million | 0.163x | +71.38% |
| 2017-12-31 | CN¥608.89 Million | CN¥57.99 Million | 0.095x | -62.79% |
| 2016-12-31 | CN¥430.29 Million | CN¥110.13 Million | 0.256x | -- |