G-bits Network Technology Xiamen Co Ltd (603444) - Cash Flow Conversion Efficiency
Based on the latest financial reports, G-bits Network Technology Xiamen Co Ltd (603444) has a cash flow conversion efficiency ratio of 0.124x as of September 2025. 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¥793.15 Million ≈ $116.06 Million USD) by net assets (CN¥6.40 Billion ≈ $937.07 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
G-bits Network Technology Xiamen Co Ltd - Cash Flow Conversion Efficiency Trend (2011–2024)
This chart illustrates how G-bits Network Technology Xiamen Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read G-bits Network Technology Xiamen Co Ltd total liabilities for a breakdown of total debt and financial obligations.
G-bits Network Technology Xiamen Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of G-bits Network Technology Xiamen Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
GF Securities Co. Ltd
F:9GF
|
-0.160x |
|
Jiangsu Yangnong Chemical Co Ltd
SHG:600486
|
0.095x |
|
ABSA Bank Limited
JSE:ABSP
|
0.127x |
|
Jiangsu Yuyue Medical Equipment & Supply Co Ltd
SHE:002223
|
0.026x |
|
ALMONTY INDUSTRIES CDIS/1
F:ALI0
|
-0.035x |
|
Shenzhen O-Film Tech Co Ltd
SHE:002456
|
-0.025x |
|
Shenzhen H&T Intelligent Control Co Ltd
SHE:002402
|
0.049x |
|
Mueller Water Products
NYSE:MWA
|
0.060x |
Annual Cash Flow Conversion Efficiency for G-bits Network Technology Xiamen Co Ltd (2011–2024)
The table below shows the annual cash flow conversion efficiency of G-bits Network Technology Xiamen Co Ltd from 2011 to 2024. For the full company profile with market capitalisation and key ratios, see G-bits Network Technology Xiamen Co Ltd market cap and net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥5.63 Billion ≈ $824.35 Million |
CN¥1.25 Billion ≈ $182.71 Million |
0.222x | -1.89% |
| 2023-12-31 | CN¥5.25 Billion ≈ $767.89 Million |
CN¥1.19 Billion ≈ $173.48 Million |
0.226x | -39.29% |
| 2022-12-31 | CN¥4.71 Billion ≈ $689.15 Million |
CN¥1.75 Billion ≈ $256.43 Million |
0.372x | -22.15% |
| 2021-12-31 | CN¥5.06 Billion ≈ $740.38 Million |
CN¥2.42 Billion ≈ $353.87 Million |
0.478x | +32.43% |
| 2020-12-31 | CN¥4.25 Billion ≈ $621.57 Million |
CN¥1.53 Billion ≈ $224.33 Million |
0.361x | -4.42% |
| 2019-12-31 | CN¥3.44 Billion ≈ $502.67 Million |
CN¥1.30 Billion ≈ $189.80 Million |
0.378x | +30.69% |
| 2018-12-31 | CN¥3.13 Billion ≈ $458.18 Million |
CN¥904.61 Million ≈ $132.37 Million |
0.289x | -12.28% |
| 2017-12-31 | CN¥2.46 Billion ≈ $359.43 Million |
CN¥808.95 Million ≈ $118.37 Million |
0.329x | -14.67% |
| 2016-12-31 | CN¥2.05 Billion ≈ $300.42 Million |
CN¥792.37 Million ≈ $115.95 Million |
0.386x | +1.58% |
| 2015-12-31 | CN¥491.20 Million ≈ $71.88 Million |
CN¥186.64 Million ≈ $27.31 Million |
0.380x | -37.08% |
| 2014-12-31 | CN¥337.44 Million ≈ $49.38 Million |
CN¥203.79 Million ≈ $29.82 Million |
0.604x | -33.41% |
| 2013-12-31 | CN¥204.00 Million ≈ $29.85 Million |
CN¥185.00 Million ≈ $27.07 Million |
0.907x | +5.01% |
| 2012-12-31 | CN¥195.73 Million ≈ $28.64 Million |
CN¥169.04 Million ≈ $24.74 Million |
0.864x | +69.69% |
| 2011-12-31 | CN¥315.11 Million ≈ $46.11 Million |
CN¥160.37 Million ≈ $23.47 Million |
0.509x | -- |
About G-bits Network Technology Xiamen Co Ltd
G-bits Network Technology (Xiamen) Co., Ltd. develops and operates of PC and mobile online games. It also offers consultation and publishing services to game producers. The company was founded in 2004 and is based in Xiamen, China.