Zhiyang Innovation Technology Co. Ltd. A (688191) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Zhiyang Innovation Technology Co. Ltd. A (688191) has a cash flow conversion efficiency ratio of -0.026x 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¥-23.17 Million ≈ $-3.39 Million USD) by net assets (CN¥874.89 Million ≈ $128.02 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Zhiyang Innovation Technology Co. Ltd. A - Cash Flow Conversion Efficiency Trend (2012–2024)
This chart illustrates how Zhiyang Innovation Technology Co. Ltd. A's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read Zhiyang Innovation Technology Co. Ltd. A balance sheet liabilities for a breakdown of total debt and financial obligations.
Zhiyang Innovation Technology Co. Ltd. A Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Zhiyang Innovation Technology Co. Ltd. A ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Voyager Technologies, Inc.
NYSE:VOYG
|
-0.098x |
|
Suzhou Victory Precision Manufacture Co Ltd
SHE:002426
|
0.002x |
|
Xinxiang Chemical Fiber Co Ltd
SHE:000949
|
0.020x |
|
Nexa Resources SA
NYSE:NEXA
|
0.238x |
|
Enerpac Tool Group Corp
NYSE:EPAC
|
0.032x |
|
Dynavax Technologies Corporation
NASDAQ:DVAX
|
0.063x |
|
Shanxi Huaxiang Group Co Ltd
SHG:603112
|
-0.001x |
|
Semapa
LS:SEM
|
0.059x |
Annual Cash Flow Conversion Efficiency for Zhiyang Innovation Technology Co. Ltd. A (2012–2024)
The table below shows the annual cash flow conversion efficiency of Zhiyang Innovation Technology Co. Ltd. A from 2012 to 2024. For the full company profile with market capitalisation and key ratios, see 688191 stock market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥887.40 Million ≈ $129.85 Million |
CN¥73.16 Million ≈ $10.71 Million |
0.082x | -34.79% |
| 2023-12-31 | CN¥870.42 Million ≈ $127.37 Million |
CN¥110.04 Million ≈ $16.10 Million |
0.126x | +282.73% |
| 2022-12-31 | CN¥831.24 Million ≈ $121.64 Million |
CN¥27.46 Million ≈ $4.02 Million |
0.033x | +153.14% |
| 2021-12-31 | CN¥816.50 Million ≈ $119.48 Million |
CN¥-50.76 Million ≈ $-7.43 Million |
-0.062x | -146.31% |
| 2020-12-31 | CN¥394.31 Million ≈ $57.70 Million |
CN¥52.93 Million ≈ $7.75 Million |
0.134x | +17.94% |
| 2019-12-31 | CN¥302.13 Million ≈ $44.21 Million |
CN¥34.39 Million ≈ $5.03 Million |
0.114x | +744.18% |
| 2018-12-31 | CN¥221.32 Million ≈ $32.39 Million |
CN¥2.98 Million ≈ $436.65K |
0.013x | -91.80% |
| 2017-12-31 | CN¥131.75 Million ≈ $19.28 Million |
CN¥21.66 Million ≈ $3.17 Million |
0.164x | +170.50% |
| 2014-12-31 | CN¥30.56 Million ≈ $4.47 Million |
CN¥-7.13 Million ≈ $-1.04 Million |
-0.233x | -331.03% |
| 2013-12-31 | CN¥19.85 Million ≈ $2.90 Million |
CN¥2.00 Million ≈ $293.18K |
0.101x | +40.37% |
| 2012-12-31 | CN¥18.65 Million ≈ $2.73 Million |
CN¥1.34 Million ≈ $196.27K |
0.072x | -- |
About Zhiyang Innovation Technology Co. Ltd. A
Zhiyang Innovation Technology Co., Ltd. operates as artificial intelligence company in China. The company offers day and night integrated, high-definition intelligent, AI intelligent computing, intelligent visual, wide-eye panoramic monitoring and shooting, and video online monitoring devices, as well as dual spectrum and intelligent visual inspection devices. It also provides mobile communicatio… Read more