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 defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
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.
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 |
|---|---|
|
Mirae ING Co Ltd
KO:007120
|
0.028x |
|
Ropharma Bras
RO:RPH
|
0.057x |
|
Mount Ridley Mines Ltd
AU:MRD
|
-0.269x |
|
Rimfire Pacific Mining Ltd
AU:RIM
|
-0.126x |
|
Sareum Hldgs Plc
LSE:SAR
|
-0.763x |
|
Generic Engineering Construction and Projects Limited
NSE:GENCON
|
0.063x |
|
Enero Group Ltd
AU:EGG
|
0.009x |
|
Formosa Ingredient Factory PT Tbk
JK:BOBA
|
0.041x |
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 300344 market cap overview.
| 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.