Ocean’s King Lighting Science & Technology Co Ltd (002724) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Ocean’s King Lighting Science & Technology Co Ltd (002724) has a cash flow conversion efficiency ratio of -0.003x 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¥-9.59 Million ≈ $-1.40 Million USD) by net assets (CN¥2.76 Billion ≈ $403.18 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Ocean’s King Lighting Science & Technology Co Ltd - Cash Flow Conversion Efficiency Trend (2009–2024)
This chart illustrates how Ocean’s King Lighting Science & Technology Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read Ocean’s King Lighting Science & Technolo debt and liabilities for a breakdown of total debt and financial obligations.
Ocean’s King Lighting Science & Technology Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Ocean’s King Lighting Science & Technology Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
AB SKF (publ)
ST:SKF-A
|
0.050x |
|
Redwood Trust Inc
NYSE:RWT
|
-3.419x |
|
SmartFinancial, Inc.
NYSE:SMBK
|
0.031x |
|
Shanghai Golden Bridge
SHG:603918
|
0.042x |
|
Lectra SA
PA:LSS
|
0.066x |
|
eClerx Services Limited
NSE:ECLERX
|
0.128x |
|
Alto Neuroscience, Inc.
NYSE:ANRO
|
-0.076x |
|
Hansen Technologies Ltd
AU:HSN
|
0.164x |
Annual Cash Flow Conversion Efficiency for Ocean’s King Lighting Science & Technology Co Ltd (2009–2024)
The table below shows the annual cash flow conversion efficiency of Ocean’s King Lighting Science & Technology Co Ltd from 2009 to 2024. For the full company profile with market capitalisation and key ratios, see 002724 market cap.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥2.68 Billion ≈ $392.79 Million |
CN¥355.98 Million ≈ $52.09 Million |
0.133x | +189.61% |
| 2023-12-31 | CN¥3.11 Billion ≈ $454.64 Million |
CN¥142.27 Million ≈ $20.82 Million |
0.046x | +1618.61% |
| 2022-12-31 | CN¥3.10 Billion ≈ $454.33 Million |
CN¥-9.36 Million ≈ $-1.37 Million |
-0.003x | -104.42% |
| 2021-12-31 | CN¥3.14 Billion ≈ $459.63 Million |
CN¥214.16 Million ≈ $31.34 Million |
0.068x | -36.50% |
| 2020-12-31 | CN¥2.79 Billion ≈ $407.77 Million |
CN¥299.19 Million ≈ $43.78 Million |
0.107x | -12.05% |
| 2019-12-31 | CN¥2.08 Billion ≈ $304.94 Million |
CN¥254.39 Million ≈ $37.22 Million |
0.122x | +92.23% |
| 2018-12-31 | CN¥1.90 Billion ≈ $277.84 Million |
CN¥120.57 Million ≈ $17.64 Million |
0.064x | -27.11% |
| 2017-12-31 | CN¥1.76 Billion ≈ $258.10 Million |
CN¥153.66 Million ≈ $22.49 Million |
0.087x | +48.19% |
| 2016-12-31 | CN¥1.63 Billion ≈ $238.70 Million |
CN¥95.90 Million ≈ $14.03 Million |
0.059x | -15.24% |
| 2015-12-31 | CN¥1.53 Billion ≈ $224.46 Million |
CN¥106.39 Million ≈ $15.57 Million |
0.069x | -46.34% |
| 2014-12-31 | CN¥1.54 Billion ≈ $224.62 Million |
CN¥198.41 Million ≈ $29.03 Million |
0.129x | -35.22% |
| 2013-12-31 | CN¥1.03 Billion ≈ $150.04 Million |
CN¥204.57 Million ≈ $29.94 Million |
0.200x | +22.32% |
| 2012-12-31 | CN¥912.97 Million ≈ $133.60 Million |
CN¥148.92 Million ≈ $21.79 Million |
0.163x | -16.93% |
| 2011-12-31 | CN¥804.73 Million ≈ $117.76 Million |
CN¥158.01 Million ≈ $23.12 Million |
0.196x | -16.82% |
| 2010-12-31 | CN¥658.42 Million ≈ $96.35 Million |
CN¥155.42 Million ≈ $22.74 Million |
0.236x | -1.09% |
| 2009-12-31 | CN¥530.45 Million ≈ $77.62 Million |
CN¥126.60 Million ≈ $18.52 Million |
0.239x | -- |
About Ocean’s King Lighting Science & Technology Co Ltd
Ocean's King Lighting Science & Technology Co., Ltd. engages in research and development, manufacture, and sale of lighting products in China. It offers lighting products, including fixed explosion-proof lighting, fixed professional lighting, mobile professional lighting, portable explosion-proof lighting, and portable professional lighting products. The company also provides control products, su… Read more