Ningbo Changhong Polymer Scientific & Technical Inc (605008) - Cash Flow Conversion Efficiency

Latest 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 ≈ $-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.

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. Read Ningbo Changhong Polymer Scientific & Te (605008) financial obligations for a breakdown of total debt and financial obligations.

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
Malakoff Corporation Bhd KLSE:5264	0.021x
Vesuvius India Limited NSE:VESUVIUS	0.170x
Collegium Pharmaceutical Inc NASDAQ:COLL	0.285x
ROMANDE ENERGIE SA SW:REHN	0.025x
Maas Group Holdings Ltd AU:MGH	0.080x
NPK International Inc. NYSE:NPKI	0.054x
Two Harbors Investments Corp NYSE:TWO	0.066x
Srisawad Power 1979 PCL BK:SAWAD	0.023x

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

SHG:605008 China Specialty Chemicals

Market Cap

$1.15 Billion

CN¥7.88 Billion CNY

Market Cap Rank

#8548 Global

#2230 in China

Share Price

CN¥12.20

Change (1 day)

+1.24%

52-Week Range

CN¥11.31 - CN¥18.84

All Time High

CN¥24.91