Bestlink Tech Co Ltd Cash Flow Conversion Efficiency

Latest as of June 2023: -0.073x

Bestlink Tech Co Ltd cash flow conversion efficiency. Based on the latest financial reports, Bestlink Tech Co Ltd (603206) has a cash flow conversion efficiency ratio of -0.073x as of June 2023. 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¥-153.39 Million ≈ $-22.45 Million USD) by net assets (CN¥2.10 Billion ≈ $306.77 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 Bestlink Tech Co Ltd (2019–2024)

Cash flow conversion efficiency of Bestlink Tech Co Ltd from 2019 to 2024. This chart illustrates how Bestlink Tech Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. View latest Bestlink Tech Co Ltd stock price today for real-time trading data and today's change.

Bestlink Tech Co Ltd Cash Flow Conversion Ratio Explained

Bestlink Tech 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.

Bestlink Tech Co Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Bestlink Tech Co Ltd ranked by their cash flow conversion efficiency. Also see market value of Bestlink Tech Co Ltd for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
Anhui Jiuhuashan Tourism Dvlp SHG:603199	0.044x
Ningbo Homelink Eco-iTech Co. Ltd. SHE:301193	-0.041x
Shenzhen Kaizhong Precision Technology Co Ltd SHE:002823	0.082x
Bumi Serpong Damai Tbk JK:BSDE	-0.009x
Aeva Technologies, Inc. Common Stock NASDAQ:AEVA	2.083x
Wuxi Commercial Mansion Grand Orient Co Ltd SHG:600327	0.036x
Beijing Electronic Zone Investment and Development Group Co Ltd SHG:600658	0.024x
Jiangsu Flowers King SHG:603007	-0.019x

Annual Cash Flow Conversion Efficiency for Bestlink Tech Co Ltd (2019–2024)

The table below shows the annual cash flow conversion efficiency of Bestlink Tech Co Ltd from 2019 to 2024. Review 603206 free cash flow to operating cash ratio 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¥2.24 Billion ≈ $327.36 Million	CN¥-975.18 Million ≈ $-142.70 Million	-0.436x	-1229.99%
2023-12-31	CN¥2.20 Billion ≈ $322.36 Million	CN¥84.98 Million ≈ $12.44 Million	0.039x	+126.97%
2022-12-31	CN¥2.08 Billion ≈ $304.99 Million	CN¥-298.12 Million ≈ $-43.62 Million	-0.143x	-151.73%
2021-12-31	CN¥900.79 Million ≈ $131.81 Million	CN¥-51.18 Million ≈ $-7.49 Million	-0.057x	-125.82%
2020-12-31	CN¥680.83 Million ≈ $99.63 Million	CN¥149.82 Million ≈ $21.92 Million	0.220x	+14.69%
2019-12-31	CN¥501.78 Million ≈ $73.43 Million	CN¥96.28 Million ≈ $14.09 Million	0.192x	--

About Bestlink Tech Co Ltd

SHG:603206 China Information Technology Services

Market Cap

$563.61 Million

CN¥3.85 Billion CNY

Market Cap Rank

#11265 Global

#3080 in China

Share Price

CN¥12.62

Change (1 day)

-1.56%

52-Week Range

CN¥12.17 - CN¥21.03

All Time High

CN¥29.46