Ningbo Solartron Technology Co Ltd Cash Flow Conversion Efficiency
Ningbo Solartron Technology Co Ltd cash flow conversion efficiency. Based on the latest financial reports, Ningbo Solartron Technology Co Ltd (688299) has a cash flow conversion efficiency ratio of 0.028x as of September 2025. 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¥58.71 Million ≈ $8.59 Million USD) by net assets (CN¥2.08 Billion ≈ $304.68 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of Ningbo Solartron Technology Co Ltd (2014–2024)
Cash flow conversion efficiency of Ningbo Solartron Technology Co Ltd from 2014 to 2024. This chart illustrates how Ningbo Solartron Technology Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. View current stock price of Ningbo Solartron Technology Co Ltd for real-time trading data and today's change.
Ningbo Solartron Technology Co Ltd Cash Flow Conversion Ratio Explained
Ningbo Solartron Technology Co Ltd cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
Ningbo Solartron Technology Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Ningbo Solartron Technology Co Ltd ranked by their cash flow conversion efficiency. Also see how much is Ningbo Solartron Technology Co Ltd worth for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Salim Ivomas Pratama Tbk
JK:SIMP
|
0.048x |
|
Zhejiang Mtcn Technology Co Ltd
SHE:003026
|
0.018x |
|
Shanghai Carthane Co Ltd
SHG:603037
|
0.027x |
|
Mastek Limited
NSE:MASTEK
|
0.047x |
|
Sikarin Public Company Limited
BK:SKR
|
0.036x |
|
Ningxia Qinglong Pipes Industry Co Ltd
SHE:002457
|
0.045x |
|
Hello Group Inc
NASDAQ:MOMO
|
0.015x |
|
Beijing Trust Far Tech
SHE:300231
|
0.094x |
Annual Cash Flow Conversion Efficiency for Ningbo Solartron Technology Co Ltd (2014–2024)
The table below shows the annual cash flow conversion efficiency of Ningbo Solartron Technology Co Ltd from 2014 to 2024. Review Ningbo Solartron Technology Co Ltd (688299) free cash flow to assess how much free cash flow the company generates relative to operating cash flow.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥2.09 Billion ≈ $305.46 Million |
CN¥182.24 Million ≈ $26.67 Million |
0.087x | +91.91% |
| 2023-12-31 | CN¥2.18 Billion ≈ $319.13 Million |
CN¥99.21 Million ≈ $14.52 Million |
0.045x | +8.08% |
| 2022-12-31 | CN¥2.07 Billion ≈ $303.28 Million |
CN¥87.23 Million ≈ $12.77 Million |
0.042x | -60.34% |
| 2021-12-31 | CN¥1.99 Billion ≈ $290.89 Million |
CN¥210.98 Million ≈ $30.87 Million |
0.106x | -30.16% |
| 2020-12-31 | CN¥1.75 Billion ≈ $256.04 Million |
CN¥265.89 Million ≈ $38.91 Million |
0.152x | +87.41% |
| 2019-12-31 | CN¥1.61 Billion ≈ $235.90 Million |
CN¥130.71 Million ≈ $19.13 Million |
0.081x | -53.98% |
| 2018-12-31 | CN¥612.15 Million ≈ $89.58 Million |
CN¥107.87 Million ≈ $15.78 Million |
0.176x | +520.10% |
| 2017-12-31 | CN¥523.05 Million ≈ $76.54 Million |
CN¥14.86 Million ≈ $2.17 Million |
0.028x | -91.55% |
| 2016-12-31 | CN¥189.55 Million ≈ $27.74 Million |
CN¥63.77 Million ≈ $9.33 Million |
0.336x | +39.86% |
| 2015-12-31 | CN¥169.64 Million ≈ $24.82 Million |
CN¥40.80 Million ≈ $5.97 Million |
0.241x | +150.27% |
| 2014-12-31 | CN¥75.51 Million ≈ $11.05 Million |
CN¥-36.13 Million ≈ $-5.29 Million |
-0.478x | -- |
About Ningbo Solartron Technology Co Ltd
Ningbo Solartron Technology Co.,Ltd. researches, develops, produces, and sells functional films in China. The company offers reflective, optical base, and other functional films, as well as lithium-ion battery separator and solid electrolyte ion-conducting membrane. Its products are used in liquid crystal display, power battery and energy storage, solar photovoltaic, and other fields. The company… Read more