Ningbo Deye Technology Co Ltd (605117) - Cash Flow Conversion Efficiency
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 ≈ $146.48 Million USD) by net assets (CN¥4.79 Billion ≈ $701.27 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 Ningbo Deye Technology Co Ltd (605117) liquidity interval to measure how many days the company can operate on defensive assets alone.
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.
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 |
|---|---|
|
Eiffage SA
PA:FGR
|
0.054x |
|
CNPC Capital Co Ltd
SHE:000617
|
-0.022x |
|
EIFFAGE S.A.ADR 1/5/EO 4
F:EF30
|
N/A |
|
Healthpeak Properties Inc
NYSE:DOC
|
0.029x |
|
Britannia Industries Limited
NSE:BRITANNIA
|
0.078x |
|
Shanghai Electric Group Co Ltd
SHG:601727
|
0.009x |
|
Beijing YanDong MicroElectronic Co. Ltd. A
SHG:688172
|
N/A |
|
Banco Comercial Portugues
LS:BCP
|
-0.022x |
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. For the full company profile with market capitalisation and key ratios, see Ningbo Deye Technology Co Ltd (605117) market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥9.45 Billion ≈ $1.38 Billion |
CN¥3.37 Billion ≈ $492.65 Million |
0.356x | -10.48% |
| 2023-12-31 | CN¥5.23 Billion ≈ $765.52 Million |
CN¥2.08 Billion ≈ $304.51 Million |
0.398x | -26.17% |
| 2022-12-31 | CN¥4.09 Billion ≈ $598.47 Million |
CN¥2.20 Billion ≈ $322.46 Million |
0.539x | +78.58% |
| 2021-12-31 | CN¥2.64 Billion ≈ $386.35 Million |
CN¥796.61 Million ≈ $116.57 Million |
0.302x | -42.32% |
| 2020-12-31 | CN¥867.27 Million ≈ $126.91 Million |
CN¥453.68 Million ≈ $66.39 Million |
0.523x | -24.60% |
| 2019-12-31 | CN¥548.83 Million ≈ $80.31 Million |
CN¥380.76 Million ≈ $55.72 Million |
0.694x | -- |
About 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