Ninebot Ltd
Ninebot Limited engages in the design, research and development, production, sale, and servicing of transportation and robot products worldwide. Its products include electric balance car, electric scooter, electric two-wheeled vehicle, all-terrain vehicle, service robots, and E-bikes. The company was founded in 1999 and is based in Beijing, China.
Ninebot Ltd (689009) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2021: 0.072x
Based on the latest financial reports, Ninebot Ltd (689009) has a cash flow conversion efficiency ratio of 0.072x as of September 2021.
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¥299.63 Million) by net assets (CN¥4.18 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Ninebot Ltd - Cash Flow Conversion Efficiency Trend (2017–2024)
This chart illustrates how Ninebot Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Ninebot Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Ninebot Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Zhejiang Mtcn Technology Co Ltd
SHE:003026
|
0.019x |
|
QuantaSing Group Limited American Depositary Shares
NASDAQ:QSG
|
0.061x |
|
Wuhan Nusun Landscape Co Ltd
SHE:300536
|
0.000x |
|
Guangzhou Hexin Instrument Co Ltd
SHG:688622
|
N/A |
|
Haixia Envrnmnt
SHG:603817
|
0.016x |
|
Thai President Foods Public Company Limited
BK:TFMAMA
|
0.024x |
|
Martinrea International Inc
PINK:MRETF
|
0.070x |
|
Dahu Aquaculture Co Ltd
SHG:600257
|
0.076x |
Annual Cash Flow Conversion Efficiency for Ninebot Ltd (2017–2024)
The table below shows the annual cash flow conversion efficiency of Ninebot Ltd from 2017 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥6.23 Billion | CN¥3.35 Billion | 0.538x | +28.34% |
| 2023-12-31 | CN¥5.53 Billion | CN¥2.32 Billion | 0.419x | +30.47% |
| 2022-12-31 | CN¥4.95 Billion | CN¥1.59 Billion | 0.321x | +950.25% |
| 2021-12-31 | CN¥4.27 Billion | CN¥-161.45 Million | -0.038x | -115.58% |
| 2020-12-31 | CN¥3.70 Billion | CN¥896.35 Million | 0.242x | +104.53% |
| 2019-12-31 | CN¥2.12 Billion | CN¥251.28 Million | 0.119x | +201.86% |
| 2018-12-31 | CN¥-3.24 Billion | CN¥376.61 Million | -0.116x | -7.16% |
| 2017-12-31 | CN¥-1.27 Billion | CN¥137.48 Million | -0.109x | -- |