BitNine Co. Ltd. (357880) - Cash Flow Conversion Efficiency

Latest 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 ≈ $-887.83K USD) by net assets (₩9.74 Billion ≈ $6.60 Million USD). 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. Read BitNine Co. Ltd. total liabilities for a breakdown of total debt and financial obligations.

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
Hennessy Ad NASDAQ:HNNA	0.007x
Sutro Biopharma NASDAQ:STRO	0.438x
Ksolves India Limited NSE:KSOLVES	0.016x
Sandon Capital Investments Ltd AU:SNC	0.061x
Advero Properties SOCIMI S.A. MC:YADV	0.008x
Horizon Space Acquisition II Corp. Ordinary share NASDAQ:HSPT	-0.004x
Tenax Therapeutics Inc NASDAQ:TENX	-0.095x
Trias Sentosa Tbk JK:TRST	0.029x

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. For the full company profile with market capitalisation and key ratios, see BitNine Co. Ltd. market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	₩10.36 Billion ≈ $7.02 Million	₩-14.54 Billion ≈ $-9.85 Million	-1.403x	-99.33%
2023-12-31	₩17.73 Billion ≈ $12.01 Million	₩-12.48 Billion ≈ $-8.46 Million	-0.704x	-947.02%
2022-12-31	₩34.79 Billion ≈ $23.57 Million	₩2.89 Billion ≈ $1.96 Million	0.083x	+203.97%
2021-12-31	₩33.41 Billion ≈ $22.64 Million	₩-2.67 Billion ≈ $-1.81 Million	-0.080x	-117.71%
2020-12-31	₩-4.09 Billion ≈ $-2.77 Million	₩-1.85 Billion ≈ $-1.25 Million	0.451x	+86.17%
2019-12-31	₩-18.70 Billion ≈ $-12.67 Million	₩-4.53 Billion ≈ $-3.07 Million	0.242x	-45.37%
2018-12-31	₩-8.81 Billion ≈ $-5.97 Million	₩-3.91 Billion ≈ $-2.65 Million	0.444x	--

About BitNine Co. Ltd.

KQ:357880 Korea Software - Infrastructure

Market Cap

$79.05 Million

₩116.65 Billion KRW

Market Cap Rank

#20092 Global

#1153 in Korea

Share Price

₩3300.00

Change (1 day)

-3.23%

52-Week Range

₩1462.00 - ₩5320.00

All Time High

₩12085.12