Ningbo Ronbay New Energy Tech Ltd (688005) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.059x

Based on the latest financial reports, Ningbo Ronbay New Energy Tech Ltd (688005) has a cash flow conversion efficiency ratio of 0.059x 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¥484.07 Million ≈ $70.83 Million USD) by net assets (CN¥8.23 Billion ≈ $1.20 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See how many days can Ningbo Ronbay New Energy Tech Ltd fund operations to measure how many days the company can operate on defensive assets alone.

Ningbo Ronbay New Energy Tech Ltd - Cash Flow Conversion Efficiency Trend (2016–2024)

This chart illustrates how Ningbo Ronbay New Energy Tech Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data.

Ningbo Ronbay New Energy Tech Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Ningbo Ronbay New Energy Tech Ltd ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
FangDa Carbon New Material Co Ltd SHG:600516	-0.012x
Dhc Software Co Ltd SHE:002065	0.047x
Viohalco S.A BR:VIO	0.050x
National Health Investors Inc NYSE:NHI	0.035x
Genworth Financial Inc NYSE:GNW	0.009x
SEIKO EPSON CORP.ADR 1/2 F:SE7S	N/A
Sandstorm Gold Ltd N TO:SSL	0.027x
Kinetik Holdings Inc NYSE:KNTK	0.063x

Annual Cash Flow Conversion Efficiency for Ningbo Ronbay New Energy Tech Ltd (2016–2024)

The table below shows the annual cash flow conversion efficiency of Ningbo Ronbay New Energy Tech Ltd from 2016 to 2024. For the full company profile with market capitalisation and key ratios, see 688005 company net worth.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CN¥9.19 Billion ≈ $1.34 Billion	CN¥523.40 Million ≈ $76.59 Million	0.057x	-67.41%
2023-12-31	CN¥10.27 Billion ≈ $1.50 Billion	CN¥1.80 Billion ≈ $262.72 Million	0.175x	+720.44%
2022-12-31	CN¥8.55 Billion ≈ $1.25 Billion	CN¥-240.98 Million ≈ $-35.26 Million	-0.028x	+20.20%
2021-12-31	CN¥5.43 Billion ≈ $795.03 Million	CN¥-191.85 Million ≈ $-28.07 Million	-0.035x	-122.40%
2020-12-31	CN¥4.49 Billion ≈ $657.10 Million	CN¥707.93 Million ≈ $103.59 Million	0.158x	+479.52%
2019-12-31	CN¥4.32 Billion ≈ $631.85 Million	CN¥117.46 Million ≈ $17.19 Million	0.027x	+115.69%
2018-12-31	CN¥3.13 Billion ≈ $458.21 Million	CN¥-542.82 Million ≈ $-79.43 Million	-0.173x	+58.10%
2017-12-31	CN¥1.54 Billion ≈ $225.53 Million	CN¥-637.67 Million ≈ $-93.31 Million	-0.414x	-57.85%
2016-12-31	CN¥239.90 Million ≈ $35.10 Million	CN¥-62.88 Million ≈ $-9.20 Million	-0.262x	--

About Ningbo Ronbay New Energy Tech Ltd

SHG:688005 China Electrical Equipment & Parts

Market Cap

$3.43 Billion

CN¥23.43 Billion CNY

Market Cap Rank

#4637 Global

#817 in China

Share Price

CN¥32.78

Change (1 day)

-2.99%

52-Week Range

CN¥20.90 - CN¥39.10

All Time High

CN¥153.97