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. Also see 688005 market cap for the company's overall valuation and market capitalisation.

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. Explore 688005 cash flow quality index to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
China Leadshine Technology Co Ltd SHE:002979	0.074x
GQG PARTNERS CDI/1/1 F:6P1	N/A
Shenzhen China Micro Semicon Co. Ltd. A SHG:688380	N/A
Zhejiang Publishing & Media Co Ltd SHG:601921	-0.028x
Ahlatci Dogal Gaz Dagitim Enerji ve Yatirim A.S. IS:AHGAZ	0.226x
Guangshen Railway Co Ltd SHG:601333	0.009x
Autohome Inc NYSE:ATHM	0.001x
Anadolu Efes Biracilik ve Malt Sanayi AS IS:AEFES	0.083x

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. View 688005 live share price for real-time trading data and today's change.

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

$2.50 Billion

CN¥17.07 Billion CNY

Market Cap Rank

#5494 Global

#1013 in China

Share Price

CN¥23.89

Change (1 day)

-0.13%

52-Week Range

CN¥22.91 - CN¥39.10

All Time High

CN¥153.97