Wuxi Paike New Materials Technology Co Ltd (605123) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Wuxi Paike New Materials Technology Co Ltd (605123) has a cash flow conversion efficiency ratio of 0.100x as of September 2025. 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¥463.84 Million ≈ $67.87 Million USD) by net assets (CN¥4.62 Billion ≈ $676.02 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 Wuxi Paike New Materials Technology Co L (605123) liquidity interval to measure how many days the company can operate on defensive assets alone.
Wuxi Paike New Materials Technology Co Ltd - Cash Flow Conversion Efficiency Trend (2016–2024)
This chart illustrates how Wuxi Paike New Materials Technology Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Wuxi Paike New Materials Technology Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Wuxi Paike New Materials Technology Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Ziraat Gayrimenkul Yatirim Ortakligi AS
IS:ZRGYO
|
0.001x |
|
TKH Group NV
AS:TWEKA
|
0.168x |
|
AUTOHOME INC. A DL -01
F:8AHA
|
N/A |
|
China Railway Group Limited
F:CNO
|
0.015x |
|
JBM Auto Limited
NSE:JBMA
|
-0.206x |
|
AG Anadolu Group Holding
IS:AGHOL
|
0.114x |
|
Sichuan Tuopai Shede Wine Co Ltd
SHG:600702
|
-0.038x |
|
Rendong Holdings Co Ltd
SHE:002647
|
0.057x |
Annual Cash Flow Conversion Efficiency for Wuxi Paike New Materials Technology Co Ltd (2016–2024)
The table below shows the annual cash flow conversion efficiency of Wuxi Paike New Materials Technology Co Ltd from 2016 to 2024. For the full company profile with market capitalisation and key ratios, see how much is Wuxi Paike New Materials Technology Co L worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥4.41 Billion ≈ $645.82 Million |
CN¥594.42 Million ≈ $86.98 Million |
0.135x | +323.15% |
| 2023-12-31 | CN¥4.29 Billion ≈ $627.97 Million |
CN¥136.59 Million ≈ $19.99 Million |
0.032x | -26.18% |
| 2022-12-31 | CN¥3.86 Billion ≈ $565.14 Million |
CN¥166.53 Million ≈ $24.37 Million |
0.043x | +1191.50% |
| 2021-12-31 | CN¥1.82 Billion ≈ $266.96 Million |
CN¥6.09 Million ≈ $891.31K |
0.003x | -60.36% |
| 2020-12-31 | CN¥1.58 Billion ≈ $230.53 Million |
CN¥13.27 Million ≈ $1.94 Million |
0.008x | -96.38% |
| 2019-12-31 | CN¥651.02 Million ≈ $95.27 Million |
CN¥151.36 Million ≈ $22.15 Million |
0.232x | +1815.05% |
| 2018-12-31 | CN¥489.12 Million ≈ $71.57 Million |
CN¥5.94 Million ≈ $868.91K |
0.012x | -85.76% |
| 2017-12-31 | CN¥380.10 Million ≈ $55.62 Million |
CN¥32.41 Million ≈ $4.74 Million |
0.085x | +24.86% |
| 2016-12-31 | CN¥321.51 Million ≈ $47.05 Million |
CN¥21.96 Million ≈ $3.21 Million |
0.068x | -- |
About Wuxi Paike New Materials Technology Co Ltd
Wuxi Paike New Materials Technology Co.,Ltd. engages in the research and development, production, and sales of metal forgings in China and internationally. The company's primary products include ring forgings, free forgings, precision die forgings, etc. It also offers carbon steel, alloy steel, stainless steel, high-temperature alloys, aluminum alloys, titanium alloys, and magnesium alloys. The c… Read more