BitNine Co. Ltd. (357880) - 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. Also see BitNine Co. Ltd. (357880) total market value for the company's overall valuation and market capitalisation.
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. Explore earnings quality score of BitNine Co. Ltd. to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Aquila European Renewables Income PLC
LSE:AERI
|
0.005x |
|
ABCO Electronics Co. Ltd
KQ:036010
|
-0.004x |
|
A.J. Plast Public Company Limited
BK:AJ
|
0.107x |
|
Bathurst Resources Ltd
F:B0R
|
0.017x |
|
Sical Logistics Limited
NSE:SICALLOG
|
N/A |
|
Angkor Resources Corp
V:ANK
|
-0.718x |
|
Solutions 30 SE
F:30L3
|
-0.234x |
|
Jaiprakash Associates Limited
NSE:JPASSOCIAT
|
0.065x |
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. View BitNine Co. Ltd. (357880) stock price for real-time trading data and today's change.
| 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