Ningbo Deye Technology Co Ltd (605117) - Cash Flow Conversion Efficiency

Latest 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 ≈ $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. Also see 605117 market cap overview for the company's overall valuation and market capitalisation.

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. Explore Ningbo Deye Technology Co Ltd (605117) cash flow quality to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
ZTO Express (Cayman) Inc NYSE:ZTO	0.044x
Bio-Techne Corp NASDAQ:TECH	0.045x
UDR Inc NYSE:UDR	0.039x
S-Oil Corp KO:010950	0.209x
Hecla Mining Company NYSE:HL	0.065x
A.P.MOELL-M.B U.ADR 1/200 F:DP4H	0.044x
China Shipbuilding Industry Group Power Co Ltd SHG:600482	0.044x
ENKA Insaat ve Sanayi AS IS:ENKAI	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. View 605117 stock price and chart for real-time trading data and today's change.

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

SHG:605117 China Furnishings, Fixtures & Appliances

Market Cap

$11.31 Billion

CN¥77.26 Billion CNY

Market Cap Rank

#2032 Global

#201 in China

Share Price

CN¥85.11

Change (1 day)

-0.80%

52-Week Range

CN¥69.34 - CN¥169.70

All Time High

CN¥171.71