BitNine Co. Ltd.
SKAI worldwide Co., Ltd. engages in the development, production, and sale of software products in South Korea. It offers AgensSQL, a software that provides technical support for modification and development; and AgensGraph, an enterprise graph database management system that stores and manages various data. The company was formerly known as Bitnine Co, Ltd. and changed its name to SKAI worldwide … Read more
BitNine Co. Ltd. (357880) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2025: -0.134x
Based on the latest financial reports, BitNine Co. Ltd. (357880) has a cash flow conversion efficiency ratio of -0.134x as of June 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 (₩-1.31 Billion) by net assets (₩9.74 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
BitNine Co. Ltd. - Cash Flow Conversion Efficiency Trend (2018–2024)
This chart illustrates how BitNine Co. 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.
BitNine Co. Ltd. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of BitNine Co. Ltd. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Adhi Karya Persero Tbk
JK:ADHI
|
0.006x |
|
Lojas Quero-Quero S.A
SA:LJQQ3
|
-0.247x |
|
3S KOREA Co. Ltd
KQ:060310
|
-0.004x |
|
Zapata Computing Holdings Inc. Common Stock
NASDAQ:ZPTA
|
0.032x |
|
theglobe.com Inc
PINK:TGLO
|
0.015x |
|
OCI International Holdings Limited
PINK:DGTLF
|
-0.029x |
|
Provision Information Co.Ltd.
TWO:6590
|
0.036x |
|
Immutep Ltd
AU:IMM
|
-0.233x |
Annual Cash Flow Conversion Efficiency for BitNine Co. Ltd. (2018–2024)
The table below shows the annual cash flow conversion efficiency of BitNine Co. Ltd. from 2018 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | ₩10.36 Billion | ₩-14.54 Billion | -1.403x | -99.33% |
| 2023-12-31 | ₩17.73 Billion | ₩-12.48 Billion | -0.704x | -947.02% |
| 2022-12-31 | ₩34.79 Billion | ₩2.89 Billion | 0.083x | +203.97% |
| 2021-12-31 | ₩33.41 Billion | ₩-2.67 Billion | -0.080x | -117.71% |
| 2020-12-31 | ₩-4.09 Billion | ₩-1.85 Billion | 0.451x | +86.17% |
| 2019-12-31 | ₩-18.70 Billion | ₩-4.53 Billion | 0.242x | -45.37% |
| 2018-12-31 | ₩-8.81 Billion | ₩-3.91 Billion | 0.444x | -- |