Shenzhen Rayitek Hi-Tech Film Co. Ltd. A (688323) - Cash Flow Conversion Efficiency
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 ≈ $2.08 Million USD) by net assets (CN¥757.08 Million ≈ $110.78 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See net asset quality index of Shenzhen Rayitek Hi-Tech Film Co. Ltd. A to measure how much of total assets are equity-financed.
Shenzhen Rayitek Hi-Tech Film Co. Ltd. A - Cash Flow Conversion Efficiency Trend (2017–2025)
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. Check Shenzhen Rayitek Hi-Tech Film Co. Ltd. A cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
Baticim Bati Anadolu Cimento Sanayi AS
IS:BTCIM
|
0.024x |
|
MK Restaurant Group Public Company Limited
BK:M
|
0.047x |
|
Civmec Ltd
AU:CVL
|
-0.019x |
|
Onterris
NYSE:ONT
|
-0.026x |
|
Ocean’s King Lighting Science & Technology Co Ltd
SHE:002724
|
-0.003x |
|
China Steel Chemical Corp
TW:1723
|
0.022x |
|
BES Engineering Co
TW:2515
|
-0.007x |
|
Guangdong Green Precision Components Co. Ltd.
SHE:300968
|
-0.033x |
Annual Cash Flow Conversion Efficiency for Shenzhen Rayitek Hi-Tech Film Co. Ltd. A (2017–2025)
The table below shows the annual cash flow conversion efficiency of Shenzhen Rayitek Hi-Tech Film Co. Ltd. A from 2017 to 2025. For the full company profile with market capitalisation and key ratios, see market value of Shenzhen Rayitek Hi-Tech Film Co. Ltd. A.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | CN¥851.12 Million ≈ $124.55 Million |
CN¥122.44 Million ≈ $17.92 Million |
0.144x | -1.34% |
| 2024-12-31 | CN¥943.12 Million ≈ $138.01 Million |
CN¥137.52 Million ≈ $20.12 Million |
0.146x | +138.63% |
| 2023-12-31 | CN¥999.36 Million ≈ $146.24 Million |
CN¥61.07 Million ≈ $8.94 Million |
0.061x | -29.82% |
| 2022-12-31 | CN¥1.03 Billion ≈ $150.95 Million |
CN¥89.82 Million ≈ $13.14 Million |
0.087x | -2.03% |
| 2021-12-31 | CN¥881.97 Million ≈ $129.06 Million |
CN¥78.38 Million ≈ $11.47 Million |
0.089x | -40.18% |
| 2020-12-31 | CN¥607.60 Million ≈ $88.91 Million |
CN¥90.27 Million ≈ $13.21 Million |
0.149x | -0.99% |
| 2019-12-31 | CN¥549.40 Million ≈ $80.39 Million |
CN¥82.44 Million ≈ $12.06 Million |
0.150x | +394.14% |
| 2018-12-31 | CN¥515.78 Million ≈ $75.48 Million |
CN¥15.66 Million ≈ $2.29 Million |
0.030x | -24.83% |
| 2017-12-31 | CN¥256.89 Million ≈ $37.59 Million |
CN¥10.38 Million ≈ $1.52 Million |
0.040x | -- |
About 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