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

Latest as of March 2026: -0.088x

Based on the latest financial reports, BitNine Co. Ltd. (357880) has a cash flow conversion efficiency ratio of -0.088x as of March 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 (₩-1.72 Billion ≈ $-1.17 Million USD) by net assets (₩19.48 Billion ≈ $13.20 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See BitNine Co. Ltd. defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.

BitNine Co. Ltd. - Cash Flow Conversion Efficiency Trend (2018–2025)

This chart illustrates how BitNine Co. Ltd.'s cash flow conversion efficiency has evolved over time, based on yearly financial data.

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
Aris Gold Corporation V:CGC	-1.279x
Escort Teknoloji Yatirim AS IS:ESCOM	0.000x
Evergreen Max Cash Capital Berhad KLSE:0286	-0.151x
Sage Group PLC LSE:SGE	0.393x
q.beyond AG F:QBY	0.035x
SYNergy ScienTech Corp TW:6558	0.013x
Maywufa Co Ltd TW:1731	0.033x
LINMON MEDIA LTD -000025 F:8MN	N/A

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. 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
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.

KQ:357880 Korea Software - Infrastructure

Market Cap

$91.39 Million

₩134.86 Billion KRW

Market Cap Rank

#19635 Global

#997 in Korea

Share Price

₩3795.00

Change (1 day)

-6.87%

52-Week Range

₩1462.00 - ₩5790.00

All Time High

₩12085.12