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.

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. Read 605117 current and long-term liabilities for a breakdown of total debt and financial obligations.

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
MTN Group Ltd JSE:MTN	0.207x
CH Robinson Worldwide Inc NASDAQ:CHRW	0.165x
Baoshan Iron & Steel Co Ltd SHG:600019	0.066x
CHINA SHENHUA EN.A ADR/4 F:IKFC	N/A
CLP HLDGS LTD ADR/1 HD 5 F:CLP1	N/A
Yankuang Energy Group Co Ltd SHG:600188	0.055x
Roivant Sciences Ltd NASDAQ:ROIV	-0.040x
Dawning Information Industry Co Ltd SHG:603019	0.004x

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

SHG:605117 China Furnishings, Fixtures & Appliances

Market Cap

$20.01 Billion

CN¥136.74 Billion CNY

Market Cap Rank

#1265 Global

#112 in China

Share Price

CN¥150.63

Change (1 day)

+2.03%

52-Week Range

CN¥50.06 - CN¥150.63

All Time High

CN¥171.71