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. Also see 301208 market cap overview for the company's overall valuation and market capitalisation.
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. Explore 301208 cash flow quality index to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
MTY Food Group Inc
TO:MTY
|
0.048x |
|
TINC Comm VA
BR:TINC
|
0.022x |
|
Daou Data Corp
KQ:032190
|
-0.181x |
|
Guangzhou Seagull Kitchen And Bath Products Co Ltd
SHE:002084
|
0.042x |
|
InBody Co.Ltd
KQ:041830
|
0.032x |
|
Claritev Corporation
NYSE:CTEV
|
-0.322x |
|
Midi Utama Indonesia Tbk
JK:MIDI
|
0.038x |
|
HCM II Acquisition Corp. Unit
NASDAQ:HONDU
|
-0.002x |
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. View 301208 share price today for real-time trading data and today's change.
| 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