ChinaEtek Service & Technology Co. Ltd. Cash Flow Conversion Efficiency
ChinaEtek Service & Technology Co. Ltd. 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.
Cash Flow Conversion Efficiency of ChinaEtek Service & Technology Co. Ltd. (2019–2024)
Cash flow conversion efficiency of ChinaEtek Service & Technology Co. Ltd. from 2019 to 2024. This chart illustrates how ChinaEtek Service & Technology Co. Ltd.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. View 301208 stock price and chart for real-time trading data and today's change.
ChinaEtek Service & Technology Co. Ltd. Cash Flow Conversion Ratio Explained
ChinaEtek Service & Technology Co. Ltd. cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
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. Also see ChinaEtek Service & Technology Co. Ltd. (301208) market capitalisation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Beijing SinoHytec Co. Ltd. A
SHG:688339
|
N/A |
|
Soft-World International
TWO:5478
|
0.116x |
|
Albaraka Turk Katilim Bankasi AS
IS:ALBRK
|
-0.403x |
|
FONDUL PRO.GDR REGS LN-85
F:FP4G
|
N/A |
|
Coca-Cola Europacific Partners PLC
LSE:CCEP
|
0.105x |
|
Shanxi Huayang New Material Co Ltd
SHG:600281
|
-0.449x |
|
Shanghai GuAo Electronic Technology Co Ltd
SHE:300551
|
-0.038x |
|
Zhongrui Co Ltd
SHE:301587
|
0.017x |
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. Review how much free cash does ChinaEtek Service & Technology Co. Ltd. generate to assess how much free cash flow the company generates relative to operating cash flow.
| 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