iRay Technology Co Ltd (688301) - Cash Flow Conversion Efficiency
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 ≈ $50.31 Million USD) by net assets (CN¥6.07 Billion ≈ $888.39 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 iRay Technology Co Ltd (688301) market capitalisation for the company's overall valuation and market capitalisation.
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.
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. Explore iRay Technology Co Ltd cash earnings quality to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Vista Energy S.A.B. de C.V.
BA:VIST
|
0.280x |
|
Changzhou Xingyu Automotive Lighting Systems Co Ltd
SHG:601799
|
0.059x |
|
Sanxiang Advanced Materials
SHG:603663
|
0.046x |
|
Shenyang Jinshan Energy Co Ltd
SHG:600396
|
0.098x |
|
Bitdeer Technologies Group Class A Ordinary Shares
NASDAQ:BTDR
|
-0.143x |
|
Robotis Co.Ltd
KQ:108490
|
-0.005x |
|
Avista Corporation
NYSE:AVA
|
0.064x |
|
Acer Inc
TW:2353
|
-0.050x |
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. View today's stock price for iRay Technology Co Ltd for real-time trading data and today's change.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥4.65 Billion ≈ $679.92 Million |
CN¥360.42 Million ≈ $52.74 Million |
0.078x | -0.78% |
| 2023-12-31 | CN¥4.35 Billion ≈ $636.98 Million |
CN¥340.32 Million ≈ $49.80 Million |
0.078x | -3.61% |
| 2022-12-31 | CN¥3.90 Billion ≈ $571.23 Million |
CN¥316.62 Million ≈ $46.33 Million |
0.081x | +0.61% |
| 2021-12-31 | CN¥3.08 Billion ≈ $450.20 Million |
CN¥248.02 Million ≈ $36.29 Million |
0.081x | -19.06% |
| 2020-12-31 | CN¥2.63 Billion ≈ $385.41 Million |
CN¥262.32 Million ≈ $38.39 Million |
0.100x | +37.74% |
| 2019-12-31 | CN¥425.61 Million ≈ $62.28 Million |
CN¥30.78 Million ≈ $4.50 Million |
0.072x | +24.07% |
| 2018-12-31 | CN¥331.02 Million ≈ $48.44 Million |
CN¥19.29 Million ≈ $2.82 Million |
0.058x | -85.59% |
| 2017-12-31 | CN¥251.42 Million ≈ $36.79 Million |
CN¥101.68 Million ≈ $14.88 Million |
0.404x | +79.20% |
| 2016-12-31 | CN¥177.70 Million ≈ $26.00 Million |
CN¥40.10 Million ≈ $5.87 Million |
0.226x | -52.01% |
| 2015-12-31 | CN¥134.92 Million ≈ $19.74 Million |
CN¥63.45 Million ≈ $9.28 Million |
0.470x | -- |
About 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