BitNine Co. Ltd. Cash Flow Conversion Efficiency
BitNine Co. Ltd. cash flow conversion efficiency. Based on the latest financial reports, BitNine Co. Ltd. (357880) has a cash flow conversion efficiency ratio of -0.072x as of June 2026. 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 (₩-1.46 Billion ≈ $-989.77K USD) by net assets (₩20.17 Billion ≈ $13.67 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of BitNine Co. Ltd. (2018–2025)
Cash flow conversion efficiency of BitNine Co. Ltd. from 2018 to 2025. This chart illustrates how BitNine Co. Ltd.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. View BitNine Co. Ltd. stock quote for real-time trading data and today's change.
BitNine Co. Ltd. Cash Flow Conversion Ratio Explained
BitNine Co. Ltd. cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
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. Also see BitNine Co. Ltd. market cap and net worth for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
ATrack Technology
TWO:6465
|
0.175x |
|
SuperCom Ltd
F:50S
|
-0.056x |
|
Pansari Developers Limited
NSE:PANSARI
|
0.253x |
|
Done.ai Group AB
ST:DONE
|
-0.014x |
|
Pratama Widya Tbk Pt
JK:PTPW
|
0.027x |
|
Cryomax Cooling System Corp
TW:1587
|
0.052x |
|
Univastu India Limited
NSE:UNIVASTU
|
-0.089x |
|
Aurea SA
PA:AURE
|
0.050x |
Annual Cash Flow Conversion Efficiency for BitNine Co. Ltd. (2018–2025)
The table below shows the annual cash flow conversion efficiency of BitNine Co. Ltd. from 2018 to 2025. Review BitNine Co. Ltd. (357880) free cash flow to assess how much free cash flow the company generates relative to operating cash flow.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | ₩13.24 Billion ≈ $8.97 Million |
₩-3.83 Billion ≈ $-2.60 Million |
-0.289x | +79.39% |
| 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.
SKAI worldwide Co., Ltd. engages in graph database solutions based on graph technology and software business 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. It also provides products including Graph RAG, an AI marketing solution, Gen… Read more