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. Also see 688299 market cap overview for the company's overall valuation and market capitalisation.

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.

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. Explore Ningbo Solartron Technology Co Ltd cash flow quality index to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
Ricegrowers Ltd AU:SGLLV	0.122x
Bridgewater Bancshares Inc NASDAQ:BWB	0.018x
Western Copper and Gold Corp TO:WRN	-0.002x
Kambi Group PLC Series B LSE:0EAW	0.089x
Limbach Holdings Inc NASDAQ:LMB	0.092x
Zhejiang Huada New Materials Co Ltd SHG:605158	0.025x
Hongsheng Heat Exchanger Mnfg SHG:603090	0.047x
Wuhan Thalys Med Tech Co Ltd SHG:603716	0.053x

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. View 688299 share price today for real-time trading data and today's change.

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

$580.77 Million

CN¥3.97 Billion CNY

Market Cap Rank

#11648 Global

#3346 in China

Share Price

CN¥13.81

Change (1 day)

+0.80%

52-Week Range

CN¥11.25 - CN¥23.37

All Time High

CN¥38.83