Zhejiang Damon Technology Co Ltd Cash Flow Conversion Efficiency
Zhejiang Damon Technology Co Ltd cash flow conversion efficiency. Based on the latest financial reports, Zhejiang Damon Technology Co Ltd (688360) has a cash flow conversion efficiency ratio of 0.106x 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¥156.62 Million ≈ $22.92 Million USD) by net assets (CN¥1.47 Billion ≈ $215.71 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 Zhejiang Damon Technology Co Ltd (2011–2025)
Cash flow conversion efficiency of Zhejiang Damon Technology Co Ltd from 2011 to 2025. This chart illustrates how Zhejiang Damon Technology Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. View 688360 live share price for real-time trading data and today's change.
Zhejiang Damon Technology Co Ltd Cash Flow Conversion Ratio Explained
Zhejiang Damon Technology 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.
Zhejiang Damon Technology Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Zhejiang Damon Technology Co Ltd ranked by their cash flow conversion efficiency. Also see 688360 market cap overview for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Shanghai Baosteel Packaging
SHG:601968
|
0.070x |
|
Sinostone Guangdong Co Ltd
SHE:001212
|
0.011x |
|
Pexip Holding ASA
OL:PEXIP
|
0.196x |
|
Zhejiang Goldensea Envi Tech C
SHG:603311
|
0.021x |
|
Fujian MinDong Electric Power Co Ltd
SHE:000993
|
0.064x |
|
Beijing SL Pharmaceutical Co Ltd
SHE:002038
|
0.013x |
|
Hna-Caissa Travel Group Co Ltd
SHE:000796
|
-0.094x |
|
J.Pond Precision Technology Co. Ltd. A
SHE:301326
|
N/A |
Annual Cash Flow Conversion Efficiency for Zhejiang Damon Technology Co Ltd (2011–2025)
The table below shows the annual cash flow conversion efficiency of Zhejiang Damon Technology Co Ltd from 2011 to 2025. Review 688360 free cash flow generation 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 |
|---|---|---|---|---|
| 2025-12-31 | CN¥1.45 Billion ≈ $212.86 Million |
CN¥209.23 Million ≈ $30.62 Million |
0.144x | +12.56% |
| 2024-12-31 | CN¥1.39 Billion ≈ $203.51 Million |
CN¥177.71 Million ≈ $26.00 Million |
0.128x | +191.92% |
| 2023-12-31 | CN¥1.33 Billion ≈ $195.22 Million |
CN¥58.40 Million ≈ $8.55 Million |
0.044x | -70.82% |
| 2022-12-31 | CN¥993.78 Million ≈ $145.42 Million |
CN¥149.06 Million ≈ $21.81 Million |
0.150x | +252.67% |
| 2021-12-31 | CN¥934.70 Million ≈ $136.78 Million |
CN¥-91.83 Million ≈ $-13.44 Million |
-0.098x | -205.83% |
| 2020-12-31 | CN¥889.27 Million ≈ $130.13 Million |
CN¥-28.57 Million ≈ $-4.18 Million |
-0.032x | -112.69% |
| 2019-12-31 | CN¥361.69 Million ≈ $52.93 Million |
CN¥91.57 Million ≈ $13.40 Million |
0.253x | +44.65% |
| 2018-12-31 | CN¥297.74 Million ≈ $43.57 Million |
CN¥52.11 Million ≈ $7.63 Million |
0.175x | +509.56% |
| 2017-12-31 | CN¥199.54 Million ≈ $29.20 Million |
CN¥-8.53 Million ≈ $-1.25 Million |
-0.043x | -122.56% |
| 2016-12-31 | CN¥162.65 Million ≈ $23.80 Million |
CN¥30.81 Million ≈ $4.51 Million |
0.189x | +129.30% |
| 2015-12-31 | CN¥117.10 Million ≈ $17.14 Million |
CN¥9.67 Million ≈ $1.42 Million |
0.083x | -82.06% |
| 2014-12-31 | CN¥62.95 Million ≈ $9.21 Million |
CN¥28.99 Million ≈ $4.24 Million |
0.460x | +196.53% |
| 2013-12-31 | CN¥21.28 Million ≈ $3.11 Million |
CN¥3.30 Million ≈ $483.46K |
0.155x | +254.69% |
| 2012-12-31 | CN¥11.97 Million ≈ $1.75 Million |
CN¥524.04K ≈ $76.68K |
0.044x | -95.91% |
| 2011-12-31 | CN¥5.52 Million ≈ $807.62K |
CN¥5.91 Million ≈ $864.90K |
1.071x | -- |
About Zhejiang Damon Technology Co Ltd
Damon Technology Group Co.,Ltd. research, develops, manufactures, sells, and services automated logistics solutions in China and internationally. The company offers carton, pallet, vertical, overhead, belt, and pulley conveyor series; and flash sorter, cross belt, sliding shoe, swivel wheel, multi belt, split tray, and swing arm sorting machines, as well as electrical roller transfer and skewed w… Read more