Jiangsu Zitian Media Technology Co Ltd (300280) - Cash Flow Conversion Efficiency

Latest as of June 2023: 0.041x

Based on the latest financial reports, Jiangsu Zitian Media Technology Co Ltd (300280) has a cash flow conversion efficiency ratio of 0.041x 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¥105.88 Million ≈ $15.49 Million USD) by net assets (CN¥2.56 Billion ≈ $374.55 Million USD). 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 Jiangsu Zitian Media Technology Co Ltd's balance sheet to measure how much of total assets are equity-financed.

Jiangsu Zitian Media Technology Co Ltd - Cash Flow Conversion Efficiency Trend (2008–2023)

This chart illustrates how Jiangsu Zitian Media Technology Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Jiangsu Zitian Media Technology Co Ltd (300280) cash flow quality to evaluate the quality of earnings relative to operating cash generation.

Jiangsu Zitian Media Technology Co Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Jiangsu Zitian Media Technology Co Ltd ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Applied UV, Inc. NASDAQ:AUVIQ	-0.011x
Ore Resources Limited AU:OR3	N/A
HighPeak Energy Inc NASDAQ:HPKEW	0.085x
China Auto Logistics Inc NASDAQ:CALI	0.084x
Ordinary Fully Paid Deferred Settlement AU:RCMDB	N/A
Artemis UK Future Leaders plc LSE:AFL	0.013x
Goldenbridge Acquisition Limited NASDAQ:GBRGW	-0.006x
Ascent Resources plc LSE:AST	2.990x

Annual Cash Flow Conversion Efficiency for Jiangsu Zitian Media Technology Co Ltd (2008–2023)

The table below shows the annual cash flow conversion efficiency of Jiangsu Zitian Media Technology Co Ltd from 2008 to 2023. For the full company profile with market capitalisation and key ratios, see Jiangsu Zitian Media Technology Co Ltd stock valuation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2023-12-31	CN¥1.22 Billion ≈ $178.09 Million	CN¥341.33 Million ≈ $49.95 Million	0.280x	+193.83%
2022-12-31	CN¥2.42 Billion ≈ $353.62 Million	CN¥-722.30 Million ≈ $-105.70 Million	-0.299x	-1052.59%
2021-12-31	CN¥2.20 Billion ≈ $322.45 Million	CN¥69.14 Million ≈ $10.12 Million	0.031x	-79.33%
2020-12-31	CN¥1.91 Billion ≈ $278.93 Million	CN¥289.37 Million ≈ $42.34 Million	0.152x	+7.92%
2019-12-31	CN¥2.02 Billion ≈ $294.98 Million	CN¥283.55 Million ≈ $41.49 Million	0.141x	+1767.40%
2018-12-31	CN¥1.34 Billion ≈ $195.45 Million	CN¥-11.27 Million ≈ $-1.65 Million	-0.008x	+81.10%
2017-12-31	CN¥636.71 Million ≈ $93.17 Million	CN¥-28.41 Million ≈ $-4.16 Million	-0.045x	-184.56%
2016-12-31	CN¥632.98 Million ≈ $92.62 Million	CN¥33.41 Million ≈ $4.89 Million	0.053x	-34.82%
2015-12-31	CN¥634.70 Million ≈ $92.88 Million	CN¥51.39 Million ≈ $7.52 Million	0.081x	+27.63%
2014-12-31	CN¥630.88 Million ≈ $92.32 Million	CN¥40.02 Million ≈ $5.86 Million	0.063x	+72.91%
2013-12-31	CN¥625.88 Million ≈ $91.59 Million	CN¥22.96 Million ≈ $3.36 Million	0.037x	+421.60%
2012-12-31	CN¥629.91 Million ≈ $92.18 Million	CN¥4.43 Million ≈ $648.39K	0.007x	-86.32%
2011-12-31	CN¥613.76 Million ≈ $89.81 Million	CN¥31.56 Million ≈ $4.62 Million	0.051x	-53.08%
2010-12-31	CN¥246.96 Million ≈ $36.14 Million	CN¥27.07 Million ≈ $3.96 Million	0.110x	-52.55%
2009-12-31	CN¥180.64 Million ≈ $26.43 Million	CN¥41.72 Million ≈ $6.11 Million	0.231x	-19.09%
2008-12-31	CN¥145.48 Million ≈ $21.29 Million	CN¥41.53 Million ≈ $6.08 Million	0.285x	--

About Jiangsu Zitian Media Technology Co Ltd

SHE:300280 China Advertising Agencies

Market Cap

$454.26

CN¥3.10K CNY

Market Cap Rank

#31839 Global

#4754 in China

Share Price

CN¥0.33

Change (1 day)

-13.16%

52-Week Range

CN¥0.33 - CN¥0.63

All Time High

CN¥60.35