Xi an Bright Laser Tech Co Ltd Cash Flow Conversion Efficiency
Xi an Bright Laser Tech Co Ltd cash flow conversion efficiency. Based on the latest financial reports, Xi an Bright Laser Tech Co Ltd (688333) has a cash flow conversion efficiency ratio of 0.022x 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¥106.79 Million ≈ $15.63 Million USD) by net assets (CN¥4.93 Billion ≈ $721.69 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of Xi an Bright Laser Tech Co Ltd (2016–2024)
Cash flow conversion efficiency of Xi an Bright Laser Tech Co Ltd from 2016 to 2024. This chart illustrates how Xi an Bright Laser Tech Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. View today's stock price for Xi an Bright Laser Tech Co Ltd for real-time trading data and today's change.
Xi an Bright Laser Tech Co Ltd Cash Flow Conversion Ratio Explained
Xi an Bright Laser Tech Co Ltd cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
Xi an Bright Laser Tech Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Xi an Bright Laser Tech Co Ltd ranked by their cash flow conversion efficiency. Also see Xi an Bright Laser Tech Co Ltd market capitalisation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Marathon Digital Holdings Inc
NASDAQ:MARA
|
-0.268x |
|
FIBI Holdings Ltd
TA:FIBIH
|
-0.119x |
|
The Marzetti Company
NASDAQ:MZTI
|
0.055x |
|
DXP Enterprises Inc
NASDAQ:DXPE
|
0.060x |
|
Guangdong Zhongsheng Pharmaceutical Co Ltd
SHE:002317
|
0.021x |
|
Betta Pharmaceuticals Co Ltd
SHE:300558
|
0.033x |
|
Union Bank of Taiwan
TW:2838
|
-0.031x |
|
Pinnacle Investment Management Group Ltd
AU:PNI
|
0.021x |
Annual Cash Flow Conversion Efficiency for Xi an Bright Laser Tech Co Ltd (2016–2024)
The table below shows the annual cash flow conversion efficiency of Xi an Bright Laser Tech Co Ltd from 2016 to 2024. Review Xi an Bright Laser Tech Co Ltd free cash flow efficiency to assess how much free cash flow the company generates relative to operating cash flow.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥4.82 Billion ≈ $705.02 Million |
CN¥346.16 Million ≈ $50.65 Million |
0.072x | +362.32% |
| 2023-12-31 | CN¥4.77 Billion ≈ $697.95 Million |
CN¥-130.64 Million ≈ $-19.12 Million |
-0.027x | +61.04% |
| 2022-12-31 | CN¥1.53 Billion ≈ $223.80 Million |
CN¥-107.52 Million ≈ $-15.73 Million |
-0.070x | -429.14% |
| 2021-12-31 | CN¥1.29 Billion ≈ $188.38 Million |
CN¥27.50 Million ≈ $4.02 Million |
0.021x | -72.75% |
| 2020-12-31 | CN¥1.16 Billion ≈ $170.00 Million |
CN¥91.07 Million ≈ $13.33 Million |
0.078x | +92.02% |
| 2019-12-31 | CN¥1.08 Billion ≈ $157.51 Million |
CN¥43.94 Million ≈ $6.43 Million |
0.041x | +151.47% |
| 2018-12-31 | CN¥402.01 Million ≈ $58.83 Million |
CN¥-31.89 Million ≈ $-4.67 Million |
-0.079x | -203.22% |
| 2017-12-31 | CN¥343.53 Million ≈ $50.27 Million |
CN¥26.40 Million ≈ $3.86 Million |
0.077x | +316.55% |
| 2016-12-31 | CN¥306.77 Million ≈ $44.89 Million |
CN¥-10.89 Million ≈ $-1.59 Million |
-0.035x | -- |
About Xi an Bright Laser Tech Co Ltd
Xi'an Bright Laser Technologies Co.,Ltd. engages in providing metal additive manufacturing solutions in the People's Republic of China. The company offers customized products, equipment, raw materials, software, and 3D printing and other technical services. It serves aerospace, aviation, engine, mold/tool making, automotive, and medical industries. The company was founded in 2011 and is based in … Read more