ChinaEtek Service & Technology Co. Ltd. (301208) - Cash Flow Conversion Efficiency

Latest as of June 2022: 0.028x

Based on the latest financial reports, ChinaEtek Service & Technology Co. Ltd. (301208) has a cash flow conversion efficiency ratio of 0.028x as of June 2022. 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¥16.60 Million ≈ $2.43 Million USD) by net assets (CN¥587.13 Million ≈ $85.92 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

ChinaEtek Service & Technology Co. Ltd. - Cash Flow Conversion Efficiency Trend (2019–2024)

This chart illustrates how ChinaEtek Service & Technology Co. Ltd.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Read 301208 total liabilities for a breakdown of total debt and financial obligations.

ChinaEtek Service & Technology Co. Ltd. Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of ChinaEtek Service & Technology Co. Ltd. ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
CorMedix Inc NASDAQ:CRMD	0.082x
Shandong Keyuan Pharmaceutical Co. Ltd. A SHE:301281	N/A
Matas A/S CO:MATAS	0.111x
Royce Micro Cap Closed Fund NYSE:RMT	-0.003x
Beijing Tongyizhong New Material Technology Corp SHG:688722	0.021x
TPI POLENE POWER BK:TPIPP-R	0.008x
International Tower Hill Mines Ltd TO:ITH	-0.017x
Sichuan Shengda Forestry Industry Co Ltd SHE:002259	0.164x

Annual Cash Flow Conversion Efficiency for ChinaEtek Service & Technology Co. Ltd. (2019–2024)

The table below shows the annual cash flow conversion efficiency of ChinaEtek Service & Technology Co. Ltd. from 2019 to 2024. For the full company profile with market capitalisation and key ratios, see market cap of ChinaEtek Service & Technology Co. Ltd..

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CN¥1.53 Billion ≈ $223.57 Million	CN¥106.89 Million ≈ $15.64 Million	0.070x	+18.41%
2023-12-31	CN¥1.48 Billion ≈ $216.57 Million	CN¥87.44 Million ≈ $12.80 Million	0.059x	+11.67%
2022-12-31	CN¥1.36 Billion ≈ $199.07 Million	CN¥71.98 Million ≈ $10.53 Million	0.053x	-77.79%
2021-12-31	CN¥537.84 Million ≈ $78.70 Million	CN¥128.13 Million ≈ $18.75 Million	0.238x	-17.14%
2020-12-31	CN¥428.87 Million ≈ $62.76 Million	CN¥123.30 Million ≈ $18.04 Million	0.288x	-21.69%
2019-12-31	CN¥348.77 Million ≈ $51.04 Million	CN¥128.05 Million ≈ $18.74 Million	0.367x	--

About ChinaEtek Service & Technology Co. Ltd.

SHE:301208 China Information Technology Services

Market Cap

$597.21 Million

CN¥4.08 Billion CNY

Market Cap Rank

#11632 Global

#3552 in China

Share Price

CN¥34.01

Change (1 day)

+1.01%

52-Week Range

CN¥32.30 - CN¥53.17

All Time High

CN¥53.17