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.

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. Read 688159 liabilities breakdown for a breakdown of total debt and financial obligations.

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
Golden Friends TWO:4506	0.089x
Bintulu Port Holdings Bhd KLSE:5032	0.032x
Jiang Su Wujin Stainless Steel Pipe Group Co Ltd SHG:603878	0.060x
Zhejiang Jasan Holding Group Co Ltd SHG:603558	0.057x
Arizona Sonoran Copper Company Inc TO:ASCU	-0.001x
Hailir Pesticides and Chemicals Group Co Ltd SHG:603639	0.048x
Beijing Dinghan Tech Co SHE:300011	-0.016x
Ashapura Minechem Limited NSE:ASHAPURMIN	0.156x

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. For the full company profile with market capitalisation and key ratios, see 688159 market cap overview.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
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

$652.45 Million

CN¥4.46 Billion CNY

Market Cap Rank

#11180 Global

#3343 in China

Share Price

CN¥47.99

Change (1 day)

+9.89%

52-Week Range

CN¥38.65 - CN¥82.59

All Time High

CN¥84.40