Shenzhen Neoway Technology Co Ltd (688159) - Cash Flow Conversion Efficiency

Latest 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 ≈ $3.74 Million USD) by net assets (CN¥737.69 Million ≈ $107.95 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See net asset quality index of Shenzhen Neoway Technology Co Ltd to measure how much of total assets are equity-financed.

Shenzhen Neoway Technology Co Ltd - Cash Flow Conversion Efficiency Trend (2016–2025)

This chart illustrates how Shenzhen Neoway Technology Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check earnings quality score of Shenzhen Neoway Technology Co Ltd to evaluate the quality of earnings relative to operating cash generation.

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
SUNSEA Telecommunications Co Ltd SHE:002313	0.074x
Beijing Kaiwen Education Technology Co Ltd SHE:002659	0.034x
Beijing Emerging Eastern Aviation Equipment Co Ltd Class A SHE:002933	0.009x
Turaco Gold Ltd AU:TCG	-0.146x
Terrestrial Energy Inc NASDAQ:IMSR	-0.052x
Nuveen Variable Rate Preferred & Income Fund NYSE:NPFD	0.113x
K-Bro Linen Inc. TO:KBL	0.082x
Baolingbao Biology Co Ltd SHE:002286	0.061x

Annual Cash Flow Conversion Efficiency for Shenzhen Neoway Technology Co Ltd (2016–2025)

The table below shows the annual cash flow conversion efficiency of Shenzhen Neoway Technology Co Ltd from 2016 to 2025. For the full company profile with market capitalisation and key ratios, see Shenzhen Neoway Technology Co Ltd market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	CN¥894.77 Million ≈ $130.93 Million	CN¥81.95 Million ≈ $11.99 Million	0.092x	+510.15%
2024-12-31	CN¥854.31 Million ≈ $125.01 Million	CN¥12.82 Million ≈ $1.88 Million	0.015x	+105.03%
2023-12-31	CN¥746.95 Million ≈ $109.30 Million	CN¥-222.84 Million ≈ $-32.61 Million	-0.298x	-284.63%
2022-12-31	CN¥776.42 Million ≈ $113.61 Million	CN¥125.46 Million ≈ $18.36 Million	0.162x	+255.66%
2021-12-31	CN¥835.39 Million ≈ $122.24 Million	CN¥-86.72 Million ≈ $-12.69 Million	-0.104x	+4.84%
2020-12-31	CN¥842.85 Million ≈ $123.34 Million	CN¥-91.94 Million ≈ $-13.45 Million	-0.109x	-2645.39%
2019-12-31	CN¥512.68 Million ≈ $75.02 Million	CN¥-2.04 Million ≈ $-298.09K	-0.004x	+98.06%
2018-12-31	CN¥426.91 Million ≈ $62.47 Million	CN¥-87.44 Million ≈ $-12.79 Million	-0.205x	+25.06%
2017-12-31	CN¥231.59 Million ≈ $33.89 Million	CN¥-63.29 Million ≈ $-9.26 Million	-0.273x	-36.25%
2016-12-31	CN¥179.96 Million ≈ $26.33 Million	CN¥-36.10 Million ≈ $-5.28 Million	-0.201x	--

About Shenzhen Neoway Technology Co Ltd

SHG:688159 China Communication Equipment

Market Cap

$443.62 Million

CN¥3.03 Billion CNY

Market Cap Rank

#12804 Global

#3736 in China

Share Price

CN¥32.63

Change (1 day)

+6.39%

52-Week Range

CN¥28.44 - CN¥82.59

All Time High

CN¥84.40