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. Also see Zhiyang Innovation Technology Co. Ltd. A (688191) total market value for the company's overall valuation and market capitalisation.

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

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. Review Zhiyang Innovation Technology Co. Ltd. A (688191) FCF generation index to assess how much free cash flow the company generates relative to operating cash flow.

Company	Cash Flow Conversion Efficiency
Zhengping Road&Bridge Constr SHG:603843	-0.011x
CoinShares PLC Ordinary Shares NASDAQ:CSHR	-0.001x
DBV Technologies NASDAQ:DBVT	-0.518x
Qingdao Weflo Valve Co Ltd SHE:002871	0.050x
Yingkou Jinchen Mach Co Ltd SHG:603396	0.076x
Shinry Technologies Co Ltd Class A SHE:300745	0.148x
RaySearch Laboratories AB (publ) ST:RAY-B	0.169x
Waga Energy SA PA:WAGA	0.065x

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. Also see how large is Zhiyang Innovation Technology Co. Ltd. A's balance sheet for a full breakdown of the balance sheet.

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

$615.24 Million

CN¥4.20 Billion CNY

Market Cap Rank

#11221 Global

#3153 in China

Share Price

CN¥18.15

Change (1 day)

-1.47%

52-Week Range

CN¥16.57 - CN¥58.38

All Time High

CN¥58.38