ChinaEtek Service & Technology Co. Ltd. (301208) - Cash Flow Conversion Efficiency
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. See ChinaEtek Service & Technology Co. Ltd. (301208) defensive interval to measure how many days the company can operate on defensive assets alone.
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.
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 |
|---|---|
|
Kambi Group PLC Series B
IL:0EAW
|
0.056x |
|
IDI S.C.A.
PA:IDIP
|
-0.008x |
|
CMS Info Systems Limited
NSE:CMSINFO
|
-0.050x |
|
Ambiq Micro, Inc.
NYSE:AMBQ
|
-0.030x |
|
Shanghai New Centurion Network Information Technology Co Ltd
SHG:605398
|
0.016x |
|
Mstc Limited
NSE:MSTCLTD
|
-0.209x |
|
Care Property Invest NV
BR:CPINV
|
0.000x |
|
Hoang Huy Investment Financial
VN:TCH
|
0.067x |
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.
ChinaEtek Service & Technology Co., Ltd. provides information technology (IT) infrastructure services in China, Hong Kong, Macau, Taiwan, and internationally. The company offers MA maintenance service for hardware direction, including PC servers, minicomputers, storage, routers, switches, security equipment, etc., as well as software services comprising databases, middleware, operating systems, v… Read more