Shenzhen Neoway Technology Co Ltd
Shenzhen Neoway Technology Co.,Ltd. engages in the research and development, production, and sale of IoT wireless communication modules, IoT wireless communication terminals, IoT wireless communication solutions and cloud products in China. It offers G/3G/4G/5G/NB-IoT/eMTC cellular modules for use in smart energy, IoV, smart manufacturing, commercial retail, smart city, and other industries; Flee… Read more
Shenzhen Neoway Technology Co Ltd (688159) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2023: 0.035x
Based on the latest financial reports, Shenzhen Neoway Technology Co Ltd (688159) has a cash flow conversion efficiency ratio of 0.035x as of June 2023.
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¥25.53 Million) by net assets (CN¥737.69 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Shenzhen Neoway Technology Co Ltd - Cash Flow Conversion Efficiency Trend (2016–2024)
This chart illustrates how Shenzhen Neoway Technology Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Shenzhen Neoway Technology Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Shenzhen Neoway Technology Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
TRANSFORMERS AND RECTIFIERS INDIA
NSE:TARIL
|
-0.021x |
|
Zhongyeda Electric Co Ltd
SHE:002441
|
-0.038x |
|
AA Mission Acquisition Corp.
NYSE:AAM-UN
|
0.000x |
|
AB Siauliu Bankas
F:ZH5
|
-0.179x |
|
The Manitowoc Company Inc
F:MNGN
|
-0.021x |
|
Shandong Meichen Science & Technology Co Ltd
SHE:300237
|
0.078x |
|
Beijing InHand Networks Technology Co Ltd
SHG:688080
|
0.071x |
|
Cia Brasileira de Aluminio
SA:CBAV3
|
0.118x |
Annual Cash Flow Conversion Efficiency for Shenzhen Neoway Technology Co Ltd (2016–2024)
The table below shows the annual cash flow conversion efficiency of Shenzhen Neoway Technology Co Ltd from 2016 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥854.31 Million | CN¥12.82 Million | 0.015x | +105.03% |
| 2023-12-31 | CN¥746.95 Million | CN¥-222.84 Million | -0.298x | -284.63% |
| 2022-12-31 | CN¥776.42 Million | CN¥125.46 Million | 0.162x | +255.66% |
| 2021-12-31 | CN¥835.39 Million | CN¥-86.72 Million | -0.104x | +4.84% |
| 2020-12-31 | CN¥842.85 Million | CN¥-91.94 Million | -0.109x | -2645.39% |
| 2019-12-31 | CN¥512.68 Million | CN¥-2.04 Million | -0.004x | +98.06% |
| 2018-12-31 | CN¥426.91 Million | CN¥-87.44 Million | -0.205x | +25.06% |
| 2017-12-31 | CN¥231.59 Million | CN¥-63.29 Million | -0.273x | -36.25% |
| 2016-12-31 | CN¥179.96 Million | CN¥-36.10 Million | -0.201x | -- |