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 301208 equity to assets ratio to measure how much of total assets are equity-financed.
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. Check 301208 operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
Farmacias Benavides S.A.B. de C.V.
MX:BEVIDESB
|
0.822x |
|
KraussMaffei Co Ltd
SHG:600579
|
0.016x |
|
Sichuan Huati Lighting Tech
SHG:603679
|
-0.028x |
|
Shenzhen Chuangyitong Technology Co.Ltd.
SHE:300991
|
-0.017x |
|
Zevra Therapeutics Inc.
NASDAQ:ZVRA
|
0.035x |
|
Apple Flavor&Fragrance Grp
SHG:603020
|
0.026x |
|
Sinon Corp
TW:1712
|
0.127x |
|
Ashot Ashkelon Industries Ltd
TA:ASHO
|
0.080x |
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 301208 stock market capitalisation.
| 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