17 Education Technology Group Inc
17 Education & Technology Group Inc., an education technology company, provides education and education technology services in the People's Republic of China. The company offers teaching and learning SaaS products, such as classroom solutions, question banks, homework assignments, self-directed learning, and multi-role reporting, etc. for regional educational authorities and schools. It also prov… Read more
17 Education Technology Group Inc (YQ) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of March 2023: -0.613x
Based on the latest financial reports, 17 Education Technology Group Inc (YQ) has a cash flow conversion efficiency ratio of -0.613x as of March 2023.
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 ($-424.19 Million) by net assets ($692.17 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
17 Education Technology Group Inc - Cash Flow Conversion Efficiency Trend (2016–2024)
This chart illustrates how 17 Education Technology Group Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
17 Education Technology Group Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of 17 Education Technology Group Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Optipharm.CO.LTD
KQ:153710
|
0.012x |
|
Genesem Inc
KQ:217190
|
0.043x |
|
Nordisk Bergteknik AB Series B
ST:NORB-B
|
-0.006x |
|
APro Co. Ltd.
KQ:262260
|
0.169x |
|
Novatti Group Limited
PINK:NTTIF
|
-15.971x |
|
PPI Inc
KQ:062970
|
-0.027x |
|
The Hi-Tech Gears Limited
NSE:HITECHGEAR
|
0.045x |
|
Seah Spe Steel
KO:019440
|
0.038x |
Annual Cash Flow Conversion Efficiency for 17 Education Technology Group Inc (2016–2024)
The table below shows the annual cash flow conversion efficiency of 17 Education Technology Group Inc from 2016 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $393.64 Million | $-139.22 Million | -0.354x | +17.57% |
| 2023-12-31 | $494.27 Million | $-212.07 Million | -0.429x | +29.82% |
| 2022-12-31 | $758.86 Million | $-463.93 Million | -0.611x | +67.66% |
| 2021-12-31 | $797.04 Million | $-1.51 Billion | -1.890x | -646.10% |
| 2020-12-31 | $2.06 Billion | $-522.99 Million | -0.253x | -279.00% |
| 2019-12-31 | $-4.46 Billion | $-631.29 Million | 0.142x | +0.57% |
| 2018-12-31 | $-2.98 Billion | $-418.87 Million | 0.141x | -90.49% |
| 2017-12-31 | $-16.82 Million | $-24.90 Million | 1.480x | +700.89% |
| 2016-12-31 | $-22.61 Million | $-4.18 Million | 0.185x | -- |