Cubic Digital Technology Co Ltd (300344) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Cubic Digital Technology Co Ltd (300344) has a cash flow conversion efficiency ratio of -0.031x 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¥-14.34 Million ≈ $-2.10 Million USD) by net assets (CN¥469.57 Million ≈ $68.71 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 Cubic Digital Technology Co Ltd net asset quality index to measure how much of total assets are equity-financed.
Cubic Digital Technology Co Ltd - Cash Flow Conversion Efficiency Trend (2009–2024)
This chart illustrates how Cubic Digital Technology Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Cubic Digital Technology Co Ltd (300344) cash flow quality to evaluate the quality of earnings relative to operating cash generation.
Cubic Digital Technology Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Cubic Digital Technology Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Mount Ridley Mines Ltd
AU:MRD
|
-0.269x |
|
Adler Group SA
F:ADJ
|
-0.079x |
|
Venteny Fortuna International
JK:VTNY
|
-0.027x |
|
Grafton Group plc
LSE:GFTU
|
0.080x |
|
Sareum Hldgs Plc
LSE:SAR
|
-0.763x |
|
NexgenRX Inc.
V:NXG
|
0.106x |
|
Higher Way Electronic Co Ltd
TWO:3268
|
-0.040x |
|
Siab Holdings Bhd
KLSE:0241
|
-0.098x |
Annual Cash Flow Conversion Efficiency for Cubic Digital Technology Co Ltd (2009–2024)
The table below shows the annual cash flow conversion efficiency of Cubic Digital Technology Co Ltd from 2009 to 2024. For the full company profile with market capitalisation and key ratios, see Cubic Digital Technology Co Ltd market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥257.72 Million ≈ $37.71 Million |
CN¥53.28 Million ≈ $7.80 Million |
0.207x | +2422.24% |
| 2023-12-31 | CN¥378.52 Million ≈ $55.39 Million |
CN¥-3.37 Million ≈ $-493.10K |
-0.009x | +91.34% |
| 2022-12-31 | CN¥503.54 Million ≈ $73.68 Million |
CN¥-51.78 Million ≈ $-7.58 Million |
-0.103x | +79.56% |
| 2021-12-31 | CN¥635.01 Million ≈ $92.92 Million |
CN¥-319.54 Million ≈ $-46.76 Million |
-0.503x | +47.12% |
| 2020-12-31 | CN¥53.96 Million ≈ $7.90 Million |
CN¥-51.34 Million ≈ $-7.51 Million |
-0.952x | -954.21% |
| 2019-12-31 | CN¥601.76 Million ≈ $88.06 Million |
CN¥67.03 Million ≈ $9.81 Million |
0.111x | -22.33% |
| 2018-12-31 | CN¥527.46 Million ≈ $77.18 Million |
CN¥75.65 Million ≈ $11.07 Million |
0.143x | +162.69% |
| 2017-12-31 | CN¥652.69 Million ≈ $95.51 Million |
CN¥35.63 Million ≈ $5.21 Million |
0.055x | +172.49% |
| 2016-12-31 | CN¥673.93 Million ≈ $98.62 Million |
CN¥-50.76 Million ≈ $-7.43 Million |
-0.075x | -815.40% |
| 2015-12-31 | CN¥646.65 Million ≈ $94.63 Million |
CN¥-5.32 Million ≈ $-778.57K |
-0.008x | -182.44% |
| 2011-12-31 | CN¥276.24 Million ≈ $40.42 Million |
CN¥2.76 Million ≈ $403.44K |
0.010x | -82.82% |
| 2010-12-31 | CN¥213.64 Million ≈ $31.26 Million |
CN¥12.41 Million ≈ $1.82 Million |
0.058x | -83.18% |
| 2009-12-31 | CN¥96.62 Million ≈ $14.14 Million |
CN¥33.38 Million ≈ $4.88 Million |
0.345x | -- |
About Cubic Digital Technology Co Ltd
Cubic Digital Technology Co.,Ltd. operates as a digital technology cloud service provider in China. It offers various cloud and agent products, as well as information technology services for the engineering and construction industry. Cubic Digital Technology Co.,Ltd. was founded in 1999 and is based in Beijing, China.