Tianjin Jiuri New Materials Co Ltd (688199) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Tianjin Jiuri New Materials Co Ltd (688199) has a cash flow conversion efficiency ratio of 0.020x 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¥57.01 Million ≈ $8.34 Million USD) by net assets (CN¥2.80 Billion ≈ $409.54 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 688199 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Tianjin Jiuri New Materials Co Ltd - Cash Flow Conversion Efficiency Trend (2016–2024)
This chart illustrates how Tianjin Jiuri New Materials Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Tianjin Jiuri New Materials Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Tianjin Jiuri New Materials Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Tianjin Tianyao Pharmaceuticals Co Ltd
SHG:600488
|
0.003x |
|
Chongqing Changan Automobile Co Ltd
SHE:200625
|
-0.065x |
|
Nanjing Hongbaoli Corp Ltd
SHE:002165
|
-0.026x |
|
Sichuan Tianyi Comheart Telecom Co Ltd Class A
SHE:300504
|
0.004x |
|
Esperion Therapeutics Inc
NASDAQ:ESPR
|
0.009x |
|
NioCorp Developments Ltd. Common Stock
NASDAQ:NB
|
-0.010x |
|
Beijing ConST Instruments Technology Inc
SHE:300445
|
0.040x |
|
Emei Shan Tourism Co Ltd
SHE:000888
|
0.040x |
Annual Cash Flow Conversion Efficiency for Tianjin Jiuri New Materials Co Ltd (2016–2024)
The table below shows the annual cash flow conversion efficiency of Tianjin Jiuri New Materials Co Ltd from 2016 to 2024. For the full company profile with market capitalisation and key ratios, see how much is Tianjin Jiuri New Materials Co Ltd worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥2.66 Billion ≈ $388.98 Million |
CN¥74.14 Million ≈ $10.85 Million |
0.028x | +6.42% |
| 2023-12-31 | CN¥2.72 Billion ≈ $398.62 Million |
CN¥71.39 Million ≈ $10.45 Million |
0.026x | -48.58% |
| 2022-12-31 | CN¥2.83 Billion ≈ $413.61 Million |
CN¥144.06 Million ≈ $21.08 Million |
0.051x | +98.04% |
| 2021-12-31 | CN¥2.84 Billion ≈ $415.34 Million |
CN¥73.05 Million ≈ $10.69 Million |
0.026x | -64.74% |
| 2020-12-31 | CN¥2.62 Billion ≈ $382.87 Million |
CN¥190.98 Million ≈ $27.95 Million |
0.073x | +26.56% |
| 2019-12-31 | CN¥2.67 Billion ≈ $390.47 Million |
CN¥153.90 Million ≈ $22.52 Million |
0.058x | -64.29% |
| 2018-12-31 | CN¥785.27 Million ≈ $114.91 Million |
CN¥126.82 Million ≈ $18.56 Million |
0.161x | +45.90% |
| 2017-12-31 | CN¥614.72 Million ≈ $89.95 Million |
CN¥68.05 Million ≈ $9.96 Million |
0.111x | +242.41% |
| 2016-12-31 | CN¥564.13 Million ≈ $82.55 Million |
CN¥18.24 Million ≈ $2.67 Million |
0.032x | -- |
About Tianjin Jiuri New Materials Co Ltd
Tianjin Jiuri New Materials Co., Ltd. engages in the research and development, manufacture, and sale of UV curing and electronic chemical materials in China. The company offers photocuring materials, including photoinitiators and monomers; semiconductor materials, such as electronic chemicals and electrolyte additives; and fine chemical materials. It also offers photosensitizer and photoresist. T… Read more