Novoray Corporation
Novoray Corporation provides industrial powder materials in China and internationally. The company offers crystalline silica powder, fused silica powder, soft composite silica powder, round corner crystalline silica powder, spherical silica powder, spherical aluminum oxide powder, sub-micron spherical silica powder, and acicular powder. It serves electronic materials, electrical insulating materi… Read more
Novoray Corporation (688300) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: 0.057x
Based on the latest financial reports, Novoray Corporation (688300) has a cash flow conversion efficiency ratio of 0.057x 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¥93.17 Million) by net assets (CN¥1.63 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Novoray Corporation - Cash Flow Conversion Efficiency Trend (2012–2024)
This chart illustrates how Novoray Corporation's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Novoray Corporation Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Novoray Corporation ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Tango Therapeutics Inc
NASDAQ:TNGX
|
-0.193x |
|
Sumber Alfaria Trijaya Tbk
JK:AMRT
|
0.049x |
|
Ito En Ltd
PINK:ITOEF
|
0.026x |
|
Montea C.V.A.
BR:MONT
|
0.008x |
|
Six Flags Entertainment Corporation
NYSE:FUN
|
0.413x |
|
EZAKI GLICO
F:5EJ
|
N/A |
|
Anhui Great Wall Military Industry Co Ltd
SHG:601606
|
-0.010x |
|
China Tianying Inc
SHE:000035
|
0.013x |
Annual Cash Flow Conversion Efficiency for Novoray Corporation (2012–2024)
The table below shows the annual cash flow conversion efficiency of Novoray Corporation from 2012 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥1.51 Billion | CN¥254.71 Million | 0.169x | -7.82% |
| 2023-12-31 | CN¥1.35 Billion | CN¥246.95 Million | 0.183x | -6.33% |
| 2022-12-31 | CN¥1.23 Billion | CN¥240.68 Million | 0.196x | +39.49% |
| 2021-12-31 | CN¥1.09 Billion | CN¥153.42 Million | 0.140x | +50.77% |
| 2020-12-31 | CN¥963.95 Million | CN¥89.69 Million | 0.093x | +3.48% |
| 2019-12-31 | CN¥896.15 Million | CN¥80.58 Million | 0.090x | -48.40% |
| 2018-12-31 | CN¥319.55 Million | CN¥55.69 Million | 0.174x | +417.61% |
| 2017-12-31 | CN¥192.98 Million | CN¥6.50 Million | 0.034x | -76.36% |
| 2016-12-31 | CN¥162.73 Million | CN¥23.17 Million | 0.142x | +136.69% |
| 2015-12-31 | CN¥123.33 Million | CN¥7.42 Million | 0.060x | -66.63% |
| 2014-12-31 | CN¥96.16 Million | CN¥17.33 Million | 0.180x | -49.90% |
| 2013-12-31 | CN¥77.26 Million | CN¥27.80 Million | 0.360x | +173.82% |
| 2012-12-31 | CN¥123.02 Million | CN¥16.16 Million | 0.131x | -- |