Ningbo Tip Rubber Technology Co Ltd Cash Flow Conversion Efficiency
Ningbo Tip Rubber Technology Co Ltd cash flow conversion efficiency. 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 ≈ $4.87 Million USD) by net assets (CN¥806.92 Million ≈ $118.08 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 Tip Rubber Technology Co Ltd (2016–2024)
Cash flow conversion efficiency of Ningbo Tip Rubber Technology Co Ltd from 2016 to 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. View 605255 stock price and chart for real-time trading data and today's change.
Ningbo Tip Rubber Technology Co Ltd Cash Flow Conversion Ratio Explained
Ningbo Tip Rubber 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 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. Also see 605255 market cap overview for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Elders Ltd
AU:ELD
|
0.054x |
|
Topsec Technologies Group Inc
SHE:002212
|
-0.018x |
|
Ningbo Changhong Polymer Scientific & Technical Inc
SHG:605008
|
-0.084x |
|
Shenzhen SEG Co Ltd
SHE:000058
|
0.110x |
|
Keystone Reit Ltd
TA:KSTN
|
-0.007x |
|
Polyrocks Chemical Co Ltd
SHG:688669
|
0.034x |
|
Shanghai AJ Group Co Ltd
SHG:600643
|
-0.002x |
|
Juewei Food Co Ltd
SHG:603517
|
0.020x |
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. Review Ningbo Tip Rubber Technology Co Ltd (605255) FCF generation index 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¥817.18 Million ≈ $119.58 Million |
CN¥83.66 Million ≈ $12.24 Million |
0.102x | +4.09% |
| 2023-12-31 | CN¥843.09 Million ≈ $123.37 Million |
CN¥82.92 Million ≈ $12.13 Million |
0.098x | -3.31% |
| 2022-12-31 | CN¥841.97 Million ≈ $123.21 Million |
CN¥85.64 Million ≈ $12.53 Million |
0.102x | +14.32% |
| 2021-12-31 | CN¥876.01 Million ≈ $128.19 Million |
CN¥77.94 Million ≈ $11.41 Million |
0.089x | +42.20% |
| 2020-12-31 | CN¥936.48 Million ≈ $137.04 Million |
CN¥58.60 Million ≈ $8.57 Million |
0.063x | -76.03% |
| 2019-12-31 | CN¥511.65 Million ≈ $74.87 Million |
CN¥133.56 Million ≈ $19.54 Million |
0.261x | +10.44% |
| 2018-12-31 | CN¥433.58 Million ≈ $63.45 Million |
CN¥102.48 Million ≈ $15.00 Million |
0.236x | -0.45% |
| 2017-12-31 | CN¥406.34 Million ≈ $59.46 Million |
CN¥96.48 Million ≈ $14.12 Million |
0.237x | +3.78% |
| 2016-12-31 | CN¥432.98 Million ≈ $63.36 Million |
CN¥99.06 Million ≈ $14.50 Million |
0.229x | -- |
About 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