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. See operational self-sufficiency of Ningbo Changhong Polymer Scientific & Te to measure how many days the company can operate on defensive assets alone.
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.
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 |
|---|---|
|
Prosegur Cash S.A
MC:CASH
|
0.233x |
|
ZEAL Network SE
XETRA:TIMA
|
0.163x |
|
ARIZONA SONORAN COPPER
F:H6F
|
0.013x |
|
Telia Lietuva AB
F:ZWS
|
0.108x |
|
AMC Entertainment Holdings Inc
NYSE:AMC
|
0.067x |
|
Tibet GaoZheng Explosive Co Ltd
SHE:002827
|
0.036x |
|
NatureCell Co.Ltd
KQ:007390
|
-0.052x |
|
Leshan Giantstar Farming & Husbandry Corp Ltd
SHG:603477
|
0.132x |
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. For the full company profile with market capitalisation and key ratios, see how much is Ningbo Changhong Polymer Scientific & Te worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 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. 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.