Ningbo Solartron Technology Co Ltd (688299) - 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. See Ningbo Solartron Technology Co Ltd liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Suzhou Longway Electronic Machinery Co. Ltd. A
SHE:301202
|
N/A |
|
New Mountain Finance Corporation
NASDAQ:NMFC
|
0.018x |
|
Slate Grocery REIT
TO:SGR-UN
|
0.019x |
|
XOMA Royalty Corporation
NASDAQ:XOMA
|
0.054x |
|
Hi target Navigation Tech Co
SHE:300177
|
0.010x |
|
Asuransi Jiwa Sinarmas Msig PT
JK:LIFE
|
0.023x |
|
COMSTOCK HLDG-A
F:CHO
|
N/A |
|
Shanghai CEO Environmental Protection Technology Co Ltd
SHG:688335
|
0.013x |
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 Ningbo Solartron Technology Co Ltd market cap and net worth.
| 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