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 688005 net asset quality score to measure how much of total assets are equity-financed.

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. Check Ningbo Ronbay New Energy Tech Ltd earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.

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
Provident Financial Services Inc NYSE:PFS	0.030x
CorVel Corp NASDAQ:CRVL	0.123x
Angel One Limited NSE:ANGELONE	0.035x
WisdomTree Inc. NYSE:WT	0.039x
Kiatnakin Phatra Bank Public Company Limited BK:KKP	0.000x
Poco Holding Co Ltd SHE:300811	0.018x
Upstart Holdings Inc NASDAQ:UPST	0.136x
Natura &Co Holding S.A. SA:NTCO3	-0.072x

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

$2.92 Billion

CN¥19.94 Billion CNY

Market Cap Rank

#4990 Global

#852 in China

Share Price

CN¥27.90

Change (1 day)

-3.33%

52-Week Range

CN¥22.20 - CN¥39.10

All Time High

CN¥153.97