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 equity financing ratio to measure how much of total assets are equity-financed.
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. Check 688199 cash flow quality score to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
ICRA Limited
NSE:ICRA
|
0.071x |
|
Sinoma Energy Conservation Ltd
SHG:603126
|
-0.039x |
|
Wajax Corporation
TO:WJX
|
0.026x |
|
Olympic Steel Inc
NASDAQ:ZEUS
|
-0.009x |
|
Union Optech Co Ltd
SHE:300691
|
0.002x |
|
VRL Logistics Limited
NSE:VRLLOG
|
0.305x |
|
Sunny Loan Top Co Ltd
SHG:600830
|
0.007x |
|
Integrated Electronic Systems Lab Co Ltd
SHE:002339
|
-0.008x |
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 Tianjin Jiuri New Materials Co Ltd market cap and net 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