Ningbo Solartron Technology Co Ltd (688299) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.028x

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. See debt-free asset ratio of Ningbo Solartron Technology Co Ltd to measure how much of total assets are equity-financed.

Ningbo Solartron Technology Co Ltd - Cash Flow Conversion Efficiency Trend (2014–2024)

This chart illustrates how Ningbo Solartron Technology Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check 688299 cash flow quality index to evaluate the quality of earnings relative to operating cash generation.

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.

Company	Cash Flow Conversion Efficiency
SANTANDER UK 8 5/8% NON-CUM STLG PRF LSE:SANB	0.003x
Nextdoor Holdings Inc NYSE:KIND	0.007x
Digi Communications NV RO:DIGI	0.085x
Ennis Inc NYSE:EBF	0.054x
Huamei Holding SHE:000607	0.037x
Posiflex Technology Inc TW:8114	-0.061x
Benakat Petroleum Energy JK:BIPI	0.044x
HAIT.UT.INT.FIN.L. H YC 1 F:HA6	N/A

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. For the full company profile with market capitalisation and key ratios, see 688299 market cap.

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

SHG:688299 China Specialty Chemicals

Market Cap

$542.08 Million

CN¥3.70 Billion CNY

Market Cap Rank

#11795 Global

#3360 in China

Share Price

CN¥12.89

Change (1 day)

+0.16%

52-Week Range

CN¥11.25 - CN¥25.15

All Time High

CN¥38.83