Neway CNC Equipment Suzhou Co Ltd (688697) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Neway CNC Equipment Suzhou Co Ltd (688697) has a cash flow conversion efficiency ratio of 0.048x 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¥83.05 Million ≈ $12.15 Million USD) by net assets (CN¥1.75 Billion ≈ $255.75 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Neway CNC Equipment Suzhou Co Ltd - Cash Flow Conversion Efficiency Trend (2017–2024)
This chart illustrates how Neway CNC Equipment Suzhou Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read Neway CNC Equipment Suzhou Co Ltd (688697) financial obligations for a breakdown of total debt and financial obligations.
Neway CNC Equipment Suzhou Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Neway CNC Equipment Suzhou Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Mivtach Shamir
TA:MISH
|
-0.109x |
|
Yangmei Chemical Co Ltd
SHG:600691
|
-0.011x |
|
Tetra Technologies Inc
NYSE:TTI
|
0.112x |
|
Shen Zhen Bauing Construction Holding Group Co Ltd
SHE:002047
|
2.259x |
|
LuxExperience B.V.
NYSE:LUXE
|
0.091x |
|
Chongqing Baiya Sanitary Products Co
SHE:003006
|
0.059x |
|
Zhejiang Narada Power Source
SHE:300068
|
0.075x |
|
Bega Cheese Ltd
AU:BGA
|
-0.040x |
Annual Cash Flow Conversion Efficiency for Neway CNC Equipment Suzhou Co Ltd (2017–2024)
The table below shows the annual cash flow conversion efficiency of Neway CNC Equipment Suzhou Co Ltd from 2017 to 2024. For the full company profile with market capitalisation and key ratios, see 688697 stock market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥1.74 Billion ≈ $254.20 Million |
CN¥264.20 Million ≈ $38.66 Million |
0.152x | -30.41% |
| 2023-12-31 | CN¥1.61 Billion ≈ $235.22 Million |
CN¥351.30 Million ≈ $51.41 Million |
0.219x | +22.77% |
| 2022-12-31 | CN¥1.42 Billion ≈ $207.91 Million |
CN¥252.93 Million ≈ $37.01 Million |
0.178x | +1.47% |
| 2021-12-31 | CN¥1.24 Billion ≈ $181.61 Million |
CN¥217.73 Million ≈ $31.86 Million |
0.175x | +20.84% |
| 2020-12-31 | CN¥498.71 Million ≈ $72.98 Million |
CN¥72.40 Million ≈ $10.59 Million |
0.145x | -74.28% |
| 2019-12-31 | CN¥389.78 Million ≈ $57.04 Million |
CN¥219.99 Million ≈ $32.19 Million |
0.564x | +350.64% |
| 2018-12-31 | CN¥313.15 Million ≈ $45.82 Million |
CN¥39.22 Million ≈ $5.74 Million |
0.125x | -42.08% |
| 2017-12-31 | CN¥274.90 Million ≈ $40.23 Million |
CN¥59.45 Million ≈ $8.70 Million |
0.216x | -- |
About Neway CNC Equipment Suzhou Co Ltd
Neway CNC Equipment (Suzhou) Co., Ltd. engages in the research and development, production, and sale of CNC machine tools in China. It offers slant bed, flat bed, and vertical CNC lathes; vertical and horizontal machinery center products; double column machining center products; and CNC boring machines. The company's products are primarily used in automotive, new energy, aviation, engineering mac… Read more