AVIT Ltd
AVIT Ltd., together with its subsidiaries, provides audio and video content and application solutions in China. It offers audio and video software products and solutions; system integration and services; games and cloud services; and VR business products and services. The company was founded in 2000 and is based in Shenzhen, China.
AVIT Ltd (300264) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2023: -0.037x
Based on the latest financial reports, AVIT Ltd (300264) has a cash flow conversion efficiency ratio of -0.037x as of June 2023.
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¥-4.98 Million) by net assets (CN¥134.68 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
AVIT Ltd - Cash Flow Conversion Efficiency Trend (2008–2024)
This chart illustrates how AVIT Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
AVIT Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of AVIT Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Mattr Corp
PINK:MTTRF
|
0.008x |
|
Zhe Jiang Headman Machinery Co Ltd
SHG:688577
|
0.077x |
|
Wavestone SA
F:2WSA
|
0.007x |
|
Forward Air Corporation
NASDAQ:FWRD
|
-0.201x |
|
Kid ASA
OL:KID
|
0.385x |
|
Beijing Sanlian Hope Shin-Gosen Technical Service Co Ltd
SHE:300384
|
-0.003x |
|
Guangzhou Dongfang Hotel Co Ltd
SHE:000524
|
0.033x |
|
CHINA EAST ED HLDGS LTD
F:ZX3
|
N/A |
Annual Cash Flow Conversion Efficiency for AVIT Ltd (2008–2024)
The table below shows the annual cash flow conversion efficiency of AVIT Ltd from 2008 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥25.66 Million | CN¥-44.19 Million | -1.722x | -384.28% |
| 2023-12-31 | CN¥83.70 Million | CN¥-29.76 Million | -0.356x | +17.83% |
| 2022-12-31 | CN¥69.85 Million | CN¥-30.22 Million | -0.433x | -126.36% |
| 2021-12-31 | CN¥144.89 Million | CN¥-27.70 Million | -0.191x | -193.20% |
| 2020-12-31 | CN¥245.79 Million | CN¥-16.03 Million | -0.065x | -165.19% |
| 2019-12-31 | CN¥309.08 Million | CN¥30.91 Million | 0.100x | +164.76% |
| 2018-12-31 | CN¥552.70 Million | CN¥-85.35 Million | -0.154x | +22.46% |
| 2017-12-31 | CN¥544.62 Million | CN¥-108.47 Million | -0.199x | -659.68% |
| 2016-12-31 | CN¥628.74 Million | CN¥22.37 Million | 0.036x | +1808.34% |
| 2015-12-31 | CN¥622.12 Million | CN¥-1.30 Million | -0.002x | -111.78% |
| 2014-12-31 | CN¥638.09 Million | CN¥11.29 Million | 0.018x | -81.99% |
| 2013-12-31 | CN¥616.99 Million | CN¥60.58 Million | 0.098x | +2540.44% |
| 2011-12-31 | CN¥596.21 Million | CN¥2.22 Million | 0.004x | -97.63% |
| 2010-12-31 | CN¥175.41 Million | CN¥27.51 Million | 0.157x | +14.62% |
| 2009-12-31 | CN¥115.55 Million | CN¥15.81 Million | 0.137x | +35.86% |
| 2008-12-31 | CN¥111.06 Million | CN¥11.19 Million | 0.101x | -- |