Kingnet Network Co Ltd (002517) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Kingnet Network Co Ltd (002517) has a cash flow conversion efficiency ratio of 0.057x as of September 2025. 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 (CN¥580.89 Million ≈ $85.00 Million USD) by net assets (CN¥10.21 Billion ≈ $1.49 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Kingnet Network Co Ltd - Cash Flow Conversion Efficiency Trend (2007–2024)
This chart illustrates how Kingnet Network Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read 002517 current and long-term liabilities for a breakdown of total debt and financial obligations.
Kingnet Network Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Kingnet Network Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Bio-Rad Laboratories Inc
NYSE:BIO
|
0.022x |
|
Avanza Bank Holding AB (publ)
ST:AZA
|
1.029x |
|
United Integrated Services Co Ltd
TW:2404
|
0.448x |
|
MGIC Investment Corp
NYSE:MTG
|
0.045x |
|
News Corp B
NASDAQ:NWS
|
0.024x |
|
Caitong Securities Co Ltd
SHG:601108
|
0.025x |
|
Yinyi Real Estate Co Ltd
SHE:000981
|
0.011x |
|
Flagstar Financial, Inc.
NYSE:FLG
|
0.030x |
Annual Cash Flow Conversion Efficiency for Kingnet Network Co Ltd (2007–2024)
The table below shows the annual cash flow conversion efficiency of Kingnet Network Co Ltd from 2007 to 2024. For the full company profile with market capitalisation and key ratios, see Kingnet Network Co Ltd market cap and net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥6.55 Billion ≈ $958.00 Million |
CN¥1.75 Billion ≈ $256.64 Million |
0.268x | -17.76% |
| 2023-12-31 | CN¥5.24 Billion ≈ $766.55 Million |
CN¥1.71 Billion ≈ $249.71 Million |
0.326x | -0.23% |
| 2022-12-31 | CN¥4.54 Billion ≈ $664.68 Million |
CN¥1.48 Billion ≈ $217.01 Million |
0.326x | +144.47% |
| 2021-12-31 | CN¥3.75 Billion ≈ $548.60 Million |
CN¥500.68 Million ≈ $73.27 Million |
0.134x | +296.40% |
| 2020-12-31 | CN¥3.01 Billion ≈ $440.25 Million |
CN¥101.36 Million ≈ $14.83 Million |
0.034x | -70.05% |
| 2019-12-31 | CN¥2.90 Billion ≈ $424.90 Million |
CN¥326.67 Million ≈ $47.80 Million |
0.113x | -35.83% |
| 2018-12-31 | CN¥5.11 Billion ≈ $748.09 Million |
CN¥896.26 Million ≈ $131.15 Million |
0.175x | +19.72% |
| 2017-12-31 | CN¥5.07 Billion ≈ $742.20 Million |
CN¥742.73 Million ≈ $108.69 Million |
0.146x | -2.40% |
| 2016-12-31 | CN¥3.39 Billion ≈ $495.73 Million |
CN¥508.26 Million ≈ $74.37 Million |
0.150x | -82.09% |
| 2015-12-31 | CN¥768.10 Million ≈ $112.40 Million |
CN¥643.29 Million ≈ $94.13 Million |
0.838x | +7041.29% |
| 2014-12-31 | CN¥600.11 Million ≈ $87.82 Million |
CN¥-7.24 Million ≈ $-1.06 Million |
-0.012x | -160.22% |
| 2013-12-31 | CN¥652.89 Million ≈ $95.54 Million |
CN¥13.08 Million ≈ $1.91 Million |
0.020x | -83.17% |
| 2012-12-31 | CN¥645.22 Million ≈ $94.42 Million |
CN¥76.83 Million ≈ $11.24 Million |
0.119x | +314.01% |
| 2011-12-31 | CN¥600.26 Million ≈ $87.84 Million |
CN¥-33.40 Million ≈ $-4.89 Million |
-0.056x | -468.54% |
| 2010-12-31 | CN¥587.09 Million ≈ $85.91 Million |
CN¥8.86 Million ≈ $1.30 Million |
0.015x | -96.99% |
| 2009-12-31 | CN¥140.97 Million ≈ $20.63 Million |
CN¥70.69 Million ≈ $10.34 Million |
0.501x | +494.64% |
| 2008-12-31 | CN¥121.96 Million ≈ $17.85 Million |
CN¥10.28 Million ≈ $1.50 Million |
0.084x | +131.45% |
| 2007-12-31 | CN¥92.11 Million ≈ $13.48 Million |
CN¥-24.69 Million ≈ $-3.61 Million |
-0.268x | -- |
About Kingnet Network Co Ltd
Kingnet Network Co., Ltd. engages in the development, operation, and distribution of mobile and operations. The company offers and operates game brands and Ips, include That Time I Got Reincarnated as a Slime: New World (IP-licensed strategy game), Mecha Party (VR multiplayer competitive game, available on PlayStation and Steam), Gods of War: Shadow Princess (MMO game for iOS and Android in Hong … Read more