Shenzhen Rayitek Hi-Tech Film Co. Ltd. A
Rayitek Hi-Tech Film Company Ltd., Shenzhen engages in the research and development, manufacture, service, and sale of PI films in China. It offers thermal control PI films, electronic PI films, electrical PI films, functional PI films, etc. for use in flexible circuit boards, consumer electronics, high-speed rail transportation, wind power generation, 5G communication, flexible display, aerospac… Read more
Shenzhen Rayitek Hi-Tech Film Co. Ltd. A (688323) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: 0.019x
Based on the latest financial reports, Shenzhen Rayitek Hi-Tech Film Co. Ltd. A (688323) has a cash flow conversion efficiency ratio of 0.019x 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¥14.24 Million) by net assets (CN¥757.08 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Shenzhen Rayitek Hi-Tech Film Co. Ltd. A - Cash Flow Conversion Efficiency Trend (2017–2024)
This chart illustrates how Shenzhen Rayitek Hi-Tech Film Co. Ltd. A's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Shenzhen Rayitek Hi-Tech Film Co. Ltd. A Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Shenzhen Rayitek Hi-Tech Film Co. Ltd. A ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Solid Biosciences LLC
NASDAQ:SLDB
|
-0.154x |
|
Flagship Communities Real Estate Investment Trust
PINK:MHCUF
|
0.026x |
|
Shaanxi Jinye Science Technology and Education Group Co Ltd
SHE:000812
|
0.148x |
|
Jiangsu Tongxingbao Intelligent Transportation Technology Co. Ltd. A
SHE:301339
|
N/A |
|
Cembre S.p.A. Ord
LSE:0DXU
|
0.104x |
|
Allgens Medical Technology Co. Ltd. A
SHG:688613
|
-0.001x |
|
Luenmei Quantum Co Ltd
SHG:600167
|
0.009x |
|
secunet Security Networks Aktiengesellschaft
F:YSN
|
-0.011x |
Annual Cash Flow Conversion Efficiency for Shenzhen Rayitek Hi-Tech Film Co. Ltd. A (2017–2024)
The table below shows the annual cash flow conversion efficiency of Shenzhen Rayitek Hi-Tech Film Co. Ltd. A from 2017 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥943.12 Million | CN¥137.52 Million | 0.146x | +138.63% |
| 2023-12-31 | CN¥999.36 Million | CN¥61.07 Million | 0.061x | -29.82% |
| 2022-12-31 | CN¥1.03 Billion | CN¥89.82 Million | 0.087x | -2.03% |
| 2021-12-31 | CN¥881.97 Million | CN¥78.38 Million | 0.089x | -40.18% |
| 2020-12-31 | CN¥607.60 Million | CN¥90.27 Million | 0.149x | -0.99% |
| 2019-12-31 | CN¥549.40 Million | CN¥82.44 Million | 0.150x | +394.14% |
| 2018-12-31 | CN¥515.78 Million | CN¥15.66 Million | 0.030x | -24.83% |
| 2017-12-31 | CN¥256.89 Million | CN¥10.38 Million | 0.040x | -- |