Luda Technology Group Limited
Luda Technology Group Limited, through its subsidiaries, manufactures and trades stainless steel and carbon steel flanges and fittings products. It offers steel flanges, including blind, slip, plate, thread, and welding neck flanges; and steel fittings, such as elbow, reducer, cap, and tee. The company also manufactures and sale of stainless steel and carbon steel flanges, and fittings products; … Read more
Luda Technology Group Limited (LUD) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of December 2024: 0.431x
Based on the latest financial reports, Luda Technology Group Limited (LUD) has a cash flow conversion efficiency ratio of 0.431x as of December 2024.
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 ($5.46 Million) by net assets ($12.66 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Luda Technology Group Limited - Cash Flow Conversion Efficiency Trend (2021–2024)
This chart illustrates how Luda Technology Group Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Luda Technology Group Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Luda Technology Group Limited ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Wesizwe Platinum Limited
PINK:WSZWF
|
-0.029x |
|
Harn Engineering Solutions Public Company Limited
BK:HARN
|
0.032x |
|
Spruce Ridge Resources Ltd
OTCQB:SRCGF
|
-0.048x |
|
LEFORM
KLSE:0266
|
0.111x |
|
IKONISYS EO 2
F:9W8
|
N/A |
|
Swoop Holdings Ltd
AU:SWP
|
-0.066x |
|
Stel Holdings Limited
NSE:STEL
|
0.004x |
|
Viking Mines Limited
F:AVI
|
0.015x |
Annual Cash Flow Conversion Efficiency for Luda Technology Group Limited (2021–2024)
The table below shows the annual cash flow conversion efficiency of Luda Technology Group Limited from 2021 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $12.66 Million | $5.46 Million | 0.431x | +116.55% |
| 2023-12-31 | $16.75 Million | $3.33 Million | 0.199x | +388.35% |
| 2022-12-31 | $14.53 Million | $-1.00 Million | -0.069x | -166.12% |
| 2021-12-31 | $13.12 Million | $1.37 Million | 0.104x | -- |