Ningbo Deye Technology Co Ltd
Ningbo Deye Technology Group Co., Ltd. engages in the production and sales of heat exchangers, inverters, and dehumidifiers in South Africa, Brazil, Hong Kong, Germany, India, and internationally. The company offers household, industrial, fresh air, pipe ceiling, and rotary dehumidifiers, as well as integrated dehumidification and humidification machines, constant temperature and humidity machine… Read more
Ningbo Deye Technology Co Ltd (605117) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2023: 0.209x
Based on the latest financial reports, Ningbo Deye Technology Co Ltd (605117) has a cash flow conversion efficiency ratio of 0.209x as of June 2023.
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¥1.00 Billion) by net assets (CN¥4.79 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Ningbo Deye Technology Co Ltd - Cash Flow Conversion Efficiency Trend (2019–2024)
This chart illustrates how Ningbo Deye Technology Co Ltd'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 Deye Technology Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Ningbo Deye Technology Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
The People's Insurance Company (Group) of China Limited
PINK:PINXF
|
0.090x |
|
Hyundai Glovis
KO:086280
|
0.021x |
|
Federal Signal Corporation
NYSE:FSS
|
0.046x |
|
FirstService Corp
NASDAQ:FSV
|
0.065x |
|
Phoenix Group Holdings PLC
PINK:PNXGF
|
0.591x |
|
Viavi Solutions Inc
NASDAQ:VIAV
|
0.051x |
|
Compeq Manufacturing Co Ltd
TW:2313
|
0.043x |
|
Argan Inc
NYSE:AGX
|
0.411x |
Annual Cash Flow Conversion Efficiency for Ningbo Deye Technology Co Ltd (2019–2024)
The table below shows the annual cash flow conversion efficiency of Ningbo Deye Technology Co Ltd from 2019 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥9.45 Billion | CN¥3.37 Billion | 0.356x | -10.48% |
| 2023-12-31 | CN¥5.23 Billion | CN¥2.08 Billion | 0.398x | -26.17% |
| 2022-12-31 | CN¥4.09 Billion | CN¥2.20 Billion | 0.539x | +78.58% |
| 2021-12-31 | CN¥2.64 Billion | CN¥796.61 Million | 0.302x | -42.32% |
| 2020-12-31 | CN¥867.27 Million | CN¥453.68 Million | 0.523x | -24.60% |
| 2019-12-31 | CN¥548.83 Million | CN¥380.76 Million | 0.694x | -- |