Zhiyang Innovation Technology Co. Ltd. A (688191) - Cash Flow Conversion Efficiency

Latest as of September 2025: -0.026x

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. View 688191 live share price for real-time trading data and today's change.

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. Also see Zhiyang Innovation Technology Co. Ltd. A market capitalisation for the company's overall valuation and market capitalisation.

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. Also see 688191 total assets for a full breakdown of the balance sheet.

Company	Cash Flow Conversion Efficiency
China CYTS Tours Holding Co Ltd SHG:600138	0.044x
GH RESEARCH PLC DL-025 F:1KA	N/A
Third Coast Bancshares, Inc. NYSE:TCBX	0.009x
Hubei Chaozhuo Aviation Technology Co. Ltd. A SHG:688237	N/A
Cybrid Technologies Inc SHG:603212	0.041x
Cydsa S.A.B. de C.V MX:CYDSASAA	0.068x
Magic Software Enterprises Ltd TA:MGIC	0.064x
Hangzhou Fortune Gas Cryogenic Group Co. Ltd. A SHG:603173	N/A

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. Review Zhiyang Innovation Technology Co. Ltd. A leverage flexibility ratio to assess the company's free cash flow relative to its total liabilities.

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

SHG:688191 China Electrical Equipment & Parts

Market Cap

$736.94 Million

CN¥5.04 Billion CNY

Market Cap Rank

#10381 Global

#2749 in China

Share Price

CN¥21.74

Change (1 day)

+0.32%

52-Week Range

CN¥16.57 - CN¥58.38

All Time High

CN¥58.38