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. See 688191 net asset quality index to measure how much of total assets are equity-financed.
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. Check 688191 cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
Burke & Herbert Financial Services Corp. Common Stock
NASDAQ:BHRB
|
0.046x |
|
Zimplats Holdings Ltd
AU:ZIM
|
0.089x |
|
Episil Holding
TWO:3707
|
-0.002x |
|
Ls Cable & System Asia Ltd
KO:229640
|
0.011x |
|
Altamir SCA
PA:LTA
|
0.028x |
|
Jiangxi GETO New Materials Corporation Limited
SHE:300986
|
0.017x |
|
TPK Holding Co Ltd
TW:3673
|
-0.015x |
|
Altareit
PA:AREIT
|
0.051x |
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 how much is Zhiyang Innovation Technology Co. Ltd. A worth.
| 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