Ningbo Ronbay New Energy Tech Ltd Cash Flow Conversion Efficiency
Ningbo Ronbay New Energy Tech Ltd cash flow conversion efficiency. 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.
Cash Flow Conversion Efficiency of Ningbo Ronbay New Energy Tech Ltd (2016–2024)
Cash flow conversion efficiency of Ningbo Ronbay New Energy Tech Ltd from 2016 to 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. View Ningbo Ronbay New Energy Tech Ltd (688005) share price today for real-time trading data and today's change.
Ningbo Ronbay New Energy Tech Ltd Cash Flow Conversion Ratio Explained
Ningbo Ronbay New Energy Tech 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 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. Also see market cap of Ningbo Ronbay New Energy Tech Ltd for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Attendo AB (publ)
ST:ATT
|
0.115x |
|
Aadhar Housing Finance Ltd
NSE:AADHARHFC
|
-0.129x |
|
Guangdong Topstar Technology Co Ltd
SHE:300607
|
0.012x |
|
Uniti Group Inc.
LSE:0LJB
|
0.711x |
|
Sichuan Swellfun Co Ltd
SHG:600779
|
-0.068x |
|
Spartan Resources Ltd
AU:SPR
|
-0.015x |
|
Datang International Power Generation Co. Ltd
F:BJI
|
0.037x |
|
Intralot S.A. Integrated Lottery Systems and Services
AT:INLOT
|
0.306x |
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. Review 688005 free cash flow generation 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¥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
Ningbo Ronbay New Energy Technology Co.,Ltd. engages in the research and development, manufacture, and sale of multi-materials, lithium iron manganese phosphate materials, sodium electric materials and multi-material precursors in China and internationally. The company's products are used in electric vehicles, electric two-wheeled vehicles, energy storage equipment, and electronic products. Ningb… Read more