Ningbo Tip Rubber Technology Co Ltd
Ningbo TIP Rubber Technology Co.,Ltd engages in the research and development, production, and sale of polymer material fluid piping systems, and sealing system parts and assemblies for automobiles in China and internationally. It offers engine accessory system hoses and assemblies; automobile air conditioning systems; power steering systems; body accessory system hoses and assemblies; fuel system… Read more
Ningbo Tip Rubber Technology Co Ltd (605255) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: 0.041x
Based on the latest financial reports, Ningbo Tip Rubber Technology Co Ltd (605255) has a cash flow conversion efficiency ratio of 0.041x 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¥33.30 Million) by net assets (CN¥806.92 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Ningbo Tip Rubber Technology Co Ltd - Cash Flow Conversion Efficiency Trend (2016–2024)
This chart illustrates how Ningbo Tip Rubber Technology Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Ningbo Tip Rubber Technology Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Ningbo Tip Rubber Technology Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Noritake Co. Limited
F:NO4
|
N/A |
|
Chemtrade Logistics Income Fund
PINK:CGIFF
|
0.206x |
|
Parex Resources Inc
PINK:PARXF
|
0.056x |
|
Mitchells & Butlers plc
PINK:MBPFF
|
0.043x |
|
Metsa Board Oyj A
HE:METSA
|
0.066x |
|
A-Mark Precious Metals Inc.
STU:AND
|
N/A |
|
Hebei Sailhero Environmental
SHE:300137
|
0.020x |
|
Jiangsu Zhenjiang New Energy Equipment Co Ltd Class A
SHG:603507
|
-0.028x |
Annual Cash Flow Conversion Efficiency for Ningbo Tip Rubber Technology Co Ltd (2016–2024)
The table below shows the annual cash flow conversion efficiency of Ningbo Tip Rubber Technology Co Ltd from 2016 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥817.18 Million | CN¥83.66 Million | 0.102x | +4.09% |
| 2023-12-31 | CN¥843.09 Million | CN¥82.92 Million | 0.098x | -3.31% |
| 2022-12-31 | CN¥841.97 Million | CN¥85.64 Million | 0.102x | +14.32% |
| 2021-12-31 | CN¥876.01 Million | CN¥77.94 Million | 0.089x | +42.20% |
| 2020-12-31 | CN¥936.48 Million | CN¥58.60 Million | 0.063x | -76.03% |
| 2019-12-31 | CN¥511.65 Million | CN¥133.56 Million | 0.261x | +10.44% |
| 2018-12-31 | CN¥433.58 Million | CN¥102.48 Million | 0.236x | -0.45% |
| 2017-12-31 | CN¥406.34 Million | CN¥96.48 Million | 0.237x | +3.78% |
| 2016-12-31 | CN¥432.98 Million | CN¥99.06 Million | 0.229x | -- |