Luda Technology Group Limited (LUD) - Cash Flow Conversion Efficiency
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. Also see Luda Technology Group Limited (LUD) market capitalisation for the company's overall valuation and market capitalisation.
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.
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. Explore Luda Technology Group Limited cash earnings quality to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
ZHEJIANG SHIBAO H YC 1
F:W4K1
|
N/A |
|
Zeotech Ltd
AU:ZEO
|
-0.080x |
|
Grupo Ortiz Properties Socimi
MC:YGOP
|
0.009x |
|
Polaryx Therapeutics, Inc. Common Stock
NASDAQ:PLYX
|
-0.125x |
|
Mukka Proteins Limited
NSE:MUKKA
|
-0.019x |
|
Bundamedik Tbk PT
JK:BMHS
|
0.083x |
|
Seronics Co. Ltd
KQ:042600
|
-0.029x |
|
Guerbet S. A.
PA:GBT
|
0.188x |
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. View LUD live share price for real-time trading data and today's change.
| 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 | -- |
About 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 sells stainless steel and carbon steel flanges, and fittings products; an… Read more