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. See how leveraged is Luda Technology Group Limited's balance sheet to measure how much of total assets are equity-financed.
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. Check LUD cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
Loyalty Founder Enterprise Co Ltd
TWO:5465
|
0.030x |
|
Grupo Ortiz Properties Socimi
MC:YGOP
|
0.009x |
|
Fleury Michon
PA:ALFLE
|
0.178x |
|
Gentas Genel Metal Sanayi ve Ticaret AS
IS:GENTS
|
0.066x |
|
Kingfisher Metals Corp
V:KFR
|
-0.005x |
|
Piscines Desjoyaux SA
PA:ALPDX
|
0.136x |
|
SYN-Tech Chem & Pharm Co Ltd
TWO:1777
|
0.099x |
|
Favelle Favco Bhd
KLSE:7229
|
-0.002x |
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. For the full company profile with market capitalisation and key ratios, see how much is Luda Technology Group Limited worth.
| 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