Zhejiang Canaan Technology Co Ltd (300412) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.074x

Based on the latest financial reports, Zhejiang Canaan Technology Co Ltd (300412) has a cash flow conversion efficiency ratio of 0.074x 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¥79.48 Million ≈ $11.63 Million USD) by net assets (CN¥1.07 Billion ≈ $156.35 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Zhejiang Canaan Technology Co Ltd - Cash Flow Conversion Efficiency Trend (2011–2024)

This chart illustrates how Zhejiang Canaan Technology Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read how much debt does Zhejiang Canaan Technology Co Ltd carry for a breakdown of total debt and financial obligations.

Zhejiang Canaan Technology Co Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Zhejiang Canaan Technology Co Ltd ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Yangzhou Chenhua New Material Co Ltd SHE:300610	-0.012x
Molinos Rio de la Plata SA BA:MOLI	0.099x
Transcom Inc TW:5222	0.029x
Berto Acquisition Corp. Ordinary Shares NASDAQ:TACO	0.000x
Immix Biopharma Inc NASDAQ:IMMX	-0.715x
Holley Inc NYSE:HLLY	0.017x
Kopin Corporation NASDAQ:KOPN	-0.005x
Xdc Industries Shenzhen Ltd SHE:300615	0.006x

Annual Cash Flow Conversion Efficiency for Zhejiang Canaan Technology Co Ltd (2011–2024)

The table below shows the annual cash flow conversion efficiency of Zhejiang Canaan Technology Co Ltd from 2011 to 2024. For the full company profile with market capitalisation and key ratios, see Zhejiang Canaan Technology Co Ltd market cap and net worth.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CN¥1.08 Billion ≈ $158.38 Million	CN¥119.46 Million ≈ $17.48 Million	0.110x	+317.26%
2023-12-31	CN¥1.06 Billion ≈ $154.52 Million	CN¥-53.65 Million ≈ $-7.85 Million	-0.051x	-180.22%
2022-12-31	CN¥1.08 Billion ≈ $158.54 Million	CN¥68.62 Million ≈ $10.04 Million	0.063x	+0.26%
2021-12-31	CN¥1.19 Billion ≈ $173.80 Million	CN¥75.03 Million ≈ $10.98 Million	0.063x	+1.00%
2020-12-31	CN¥886.93 Million ≈ $129.79 Million	CN¥55.47 Million ≈ $8.12 Million	0.063x	+26.42%
2019-12-31	CN¥839.02 Million ≈ $122.77 Million	CN¥41.51 Million ≈ $6.07 Million	0.049x	+291.62%
2018-12-31	CN¥837.25 Million ≈ $122.52 Million	CN¥-21.62 Million ≈ $-3.16 Million	-0.026x	+20.01%
2017-12-31	CN¥814.93 Million ≈ $119.25 Million	CN¥-26.30 Million ≈ $-3.85 Million	-0.032x	-199.86%
2016-12-31	CN¥763.55 Million ≈ $111.73 Million	CN¥24.68 Million ≈ $3.61 Million	0.032x	-67.92%
2015-12-31	CN¥396.52 Million ≈ $58.02 Million	CN¥39.96 Million ≈ $5.85 Million	0.101x	-7.40%
2014-12-31	CN¥357.47 Million ≈ $52.31 Million	CN¥38.90 Million ≈ $5.69 Million	0.109x	-11.43%
2013-12-31	CN¥169.66 Million ≈ $24.83 Million	CN¥20.85 Million ≈ $3.05 Million	0.123x	-48.49%
2012-12-31	CN¥141.74 Million ≈ $20.74 Million	CN¥33.81 Million ≈ $4.95 Million	0.239x	+18.81%
2011-12-31	CN¥105.53 Million ≈ $15.44 Million	CN¥21.19 Million ≈ $3.10 Million	0.201x	--

About Zhejiang Canaan Technology Co Ltd

SHE:300412 China Specialty Industrial Machinery

Market Cap

$388.22 Million

CN¥2.65 Billion CNY

Market Cap Rank

#13835 Global

#4358 in China

Share Price

CN¥5.33

Change (1 day)

+1.52%

52-Week Range

CN¥4.68 - CN¥6.06

All Time High

CN¥15.05