iRay Technology Co Ltd
iRay Group, together with its subsidiaries, researches, develops, produces, sells, and services x-ray system components for use in medical, dental, oncology, veterinary, security, and nondestructive testing applications in China and internationally. The company offers wireless and tethered radiography, mammography, and dynamic/real-time detectors; linear detector arrays; X-ray and micro focus X-r… Read more
iRay Technology Co Ltd (688301) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: 0.057x
Based on the latest financial reports, iRay Technology Co Ltd (688301) has a cash flow conversion efficiency ratio of 0.057x 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¥343.82 Million) by net assets (CN¥6.07 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
iRay Technology Co Ltd - Cash Flow Conversion Efficiency Trend (2015–2024)
This chart illustrates how iRay Technology Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
iRay Technology Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of iRay Technology Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Gruma S.A.B. de C.V.
MX:GRUMAB
|
0.074x |
|
Jet2 plc
PINK:DRTGF
|
0.331x |
|
Bosideng International Holdings Limited
F:3BD
|
-0.052x |
|
Zhejiang Hailiang Co Ltd
SHE:002203
|
0.065x |
|
Life Insurance Corporation Of India
NSE:LICI
|
0.007x |
|
Frasers Logistics & Commercial Trust
PINK:FRLOF
|
0.029x |
|
EZconn Corp
TW:6442
|
0.165x |
|
Country Garden Holdings Company Ltd
PINK:CTRYF
|
0.251x |
Annual Cash Flow Conversion Efficiency for iRay Technology Co Ltd (2015–2024)
The table below shows the annual cash flow conversion efficiency of iRay Technology Co Ltd from 2015 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥4.65 Billion | CN¥360.42 Million | 0.078x | -0.78% |
| 2023-12-31 | CN¥4.35 Billion | CN¥340.32 Million | 0.078x | -3.61% |
| 2022-12-31 | CN¥3.90 Billion | CN¥316.62 Million | 0.081x | +0.61% |
| 2021-12-31 | CN¥3.08 Billion | CN¥248.02 Million | 0.081x | -19.06% |
| 2020-12-31 | CN¥2.63 Billion | CN¥262.32 Million | 0.100x | +37.74% |
| 2019-12-31 | CN¥425.61 Million | CN¥30.78 Million | 0.072x | +24.07% |
| 2018-12-31 | CN¥331.02 Million | CN¥19.29 Million | 0.058x | -85.59% |
| 2017-12-31 | CN¥251.42 Million | CN¥101.68 Million | 0.404x | +79.20% |
| 2016-12-31 | CN¥177.70 Million | CN¥40.10 Million | 0.226x | -52.01% |
| 2015-12-31 | CN¥134.92 Million | CN¥63.45 Million | 0.470x | -- |