Ningbo Changhong Polymer Scientific & Technical Inc (605008) - Cash Flow Conversion Efficiency
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 ≈ $-24.23 Million USD) by net assets (CN¥2.03 Billion ≈ $296.88 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 605008 stock market capitalisation for the company's overall valuation and market capitalisation.
Ningbo Changhong Polymer Scientific & Technical Inc - Cash Flow Conversion Efficiency Trend (2016–2025)
This chart illustrates how Ningbo Changhong Polymer Scientific & Technical Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data.
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. Explore earnings quality score of Ningbo Changhong Polymer Scientific & Te to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Borr Drilling Ltd
NYSE:BORR
|
-0.022x |
|
Shandong Denghai Seeds Co Ltd
SHE:002041
|
0.068x |
|
Land and Houses Public Company Limited
BK:LH
|
0.015x |
|
Vinati Organics Limited
NSE:VINATIORGA
|
0.122x |
|
Limin Chemical Co Ltd
SHE:002734
|
0.028x |
|
NMDC Steel Limited
NSE:NSLNISP
|
0.062x |
|
UMH Properties Inc
NYSE:UMH
|
0.025x |
|
PNC Process Systems Co Ltd
SHG:603690
|
0.012x |
Annual Cash Flow Conversion Efficiency for Ningbo Changhong Polymer Scientific & Technical Inc (2016–2025)
The table below shows the annual cash flow conversion efficiency of Ningbo Changhong Polymer Scientific & Technical Inc from 2016 to 2025. View 605008 live share price for real-time trading data and today's change.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | CN¥2.00 Billion ≈ $292.01 Million |
CN¥-114.82 Million ≈ $-16.80 Million |
-0.058x | -132.88% |
| 2024-12-31 | CN¥1.99 Billion ≈ $291.56 Million |
CN¥348.64 Million ≈ $51.02 Million |
0.175x | +54.55% |
| 2023-12-31 | CN¥2.06 Billion ≈ $301.05 Million |
CN¥232.93 Million ≈ $34.09 Million |
0.113x | +206.42% |
| 2022-12-31 | CN¥2.01 Billion ≈ $293.55 Million |
CN¥74.12 Million ≈ $10.85 Million |
0.037x | +209.79% |
| 2021-12-31 | CN¥1.82 Billion ≈ $266.75 Million |
CN¥-61.35 Million ≈ $-8.98 Million |
-0.034x | -212.11% |
| 2020-12-31 | CN¥1.75 Billion ≈ $256.47 Million |
CN¥52.61 Million ≈ $7.70 Million |
0.030x | -82.83% |
| 2019-12-31 | CN¥1.01 Billion ≈ $147.14 Million |
CN¥175.82 Million ≈ $25.73 Million |
0.175x | +7.13% |
| 2018-12-31 | CN¥790.38 Million ≈ $115.66 Million |
CN¥129.00 Million ≈ $18.88 Million |
0.163x | +71.38% |
| 2017-12-31 | CN¥608.89 Million ≈ $89.10 Million |
CN¥57.99 Million ≈ $8.49 Million |
0.095x | -62.79% |
| 2016-12-31 | CN¥430.29 Million ≈ $62.96 Million |
CN¥110.13 Million ≈ $16.11 Million |
0.256x | -- |
About Ningbo Changhong Polymer Scientific & Technical Inc
Ningbo Changhong Polymer Scientific and Technical Inc., together with its subsidiaries, engages in the research, development, production, and sale of styrene-based thermoplastic elastomers in China and internationally. The company offers styrene-butadiene-styrene (SBS) block copolymers for polymer modifiers, adhesives, asphalt modifiers, and rubber products; styrene-ethylene-butylene-styrene (SEB… Read more