Ningbo Deye Technology Co Ltd Cash Flow Conversion Efficiency
Ningbo Deye Technology Co Ltd 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.
Cash Flow Conversion Efficiency of Ningbo Deye Technology Co Ltd (2019–2024)
Cash flow conversion efficiency of Ningbo Deye Technology Co Ltd from 2019 to 2024. This chart illustrates how Ningbo Deye Technology Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. View 605117 stock price and chart for real-time trading data and today's change.
Ningbo Deye Technology Co Ltd Cash Flow Conversion Ratio Explained
Ningbo Deye Technology Co Ltd cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
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. Also see how much is Ningbo Deye Technology Co Ltd worth for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Kymera Therapeutics Inc
NASDAQ:KYMR
|
-0.036x |
|
Komercni Banka A.S.
PR:KOMB
|
0.004x |
|
Baloise Holding AG
SW:BALN
|
0.211x |
|
Crinetics Pharmaceuticals Inc
NASDAQ:CRNX
|
-0.079x |
|
CITIC Pacific Special Steel Group Co Ltd
SHE:000708
|
0.019x |
|
Embraer S.A
F:EMY
|
0.225x |
|
AVIC Aircraft Co Ltd
SHE:000768
|
0.163x |
|
Allison Transmission Holdings Inc
NYSE:ALSN
|
0.082x |
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. Review Ningbo Deye Technology Co Ltd free cash flow ratio to assess how much free cash flow the company generates relative to operating cash flow.
| 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