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. See 300412 net asset quality index to measure how much of total assets are equity-financed.

Zhejiang Canaan Technology Co Ltd - Cash Flow Conversion Efficiency Trend (2011–2025)

This chart illustrates how Zhejiang Canaan Technology Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check 300412 cash to earnings ratio to evaluate the quality of earnings relative to operating cash generation.

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
Shenyang Huitian Thermal Power Co Ltd SHE:000692	-1.010x
China Shengmu Organic Milk Limited F:7OM	0.075x
Lyell Immunopharma Inc NASDAQ:LYEL	-0.130x
TRANSILVANIA INVESTMENTS ALLIANCE S.A. RO:TRANSI	N/A
M1 Kliniken AG XETRA:M12	0.129x
Il Dong Pharmaceutical Co Ltd KO:249420	0.050x
Hyundai Motor S3 Pref KO:005389	-0.016x
908 Devices Inc NASDAQ:MASS	0.008x

Annual Cash Flow Conversion Efficiency for Zhejiang Canaan Technology Co Ltd (2011–2025)

The table below shows the annual cash flow conversion efficiency of Zhejiang Canaan Technology Co Ltd from 2011 to 2025. For the full company profile with market capitalisation and key ratios, see Zhejiang Canaan Technology Co Ltd (300412) market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	CN¥1.09 Billion ≈ $159.55 Million	CN¥184.53 Million ≈ $27.00 Million	0.169x	+53.33%
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

$300.09 Million

CN¥2.05 Billion CNY

Market Cap Rank

#14770 Global

#4363 in China

Share Price

CN¥4.12

Change (1 day)

+3.52%

52-Week Range

CN¥3.71 - CN¥6.06

All Time High

CN¥15.05