Ningbo Tip Rubber Technology Co Ltd (605255) - 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. Also see 605255 market cap for the company's overall valuation and market capitalisation.
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.
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. Explore how high is Ningbo Tip Rubber Technology Co Ltd's earnings quality to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Metropolitan Kentjana Tbk
JK:MKPI
|
0.034x |
|
China Modern Dairy Holdings Ltd
F:07M
|
0.111x |
|
Clear Channel Outdoor Holdings Inc
NYSE:CCO
|
-13.838x |
|
NANOBIOTIX S.A. SP.ADR
F:5NRA
|
N/A |
|
Qingdao Yunlu Advanced Materials Technology Co. Ltd. A
SHG:688190
|
N/A |
|
JPG
KLSE:5323
|
0.036x |
|
Beijing China Sciences Runyu Environmental Technology Co. Ltd.
SHE:301175
|
0.034x |
|
Essence Fastening Systems (Shanghai) Co. Ltd.
SHE:301005
|
-0.008x |
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. View Ningbo Tip Rubber Technology Co Ltd stock quote for real-time trading data and today's change.
| 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