Zhejiang Damon Technology Co Ltd (688360) - 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.
Zhejiang Damon Technology Co Ltd - Cash Flow Conversion Efficiency Trend (2011–2024)
This chart illustrates how Zhejiang Damon Technology Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read Zhejiang Damon Technology Co Ltd debt and liabilities for a breakdown of total debt and financial obligations.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
BFI Finance Indonesia Tbk
JK:BFIN
|
0.064x |
|
Norva24 Group AB
ST:NORVA
|
0.130x |
|
Frontera Energy Corp
TO:FEC
|
0.129x |
|
SSAW Hotels & Resorts Group Co.Ltd.
SHE:301073
|
N/A |
|
Kerjaya Prospek Group Bhd
KLSE:7161
|
0.003x |
|
Dongwoon Anatech Co Ltd
KQ:094170
|
0.002x |
|
Shanghai Allied Industrial Corp. Ltd. A
SHE:301419
|
N/A |
|
Anterix Inc
NASDAQ:ATEX
|
-0.035x |
Annual Cash Flow Conversion Efficiency for Zhejiang Damon Technology Co Ltd (2011–2024)
The table below shows the annual cash flow conversion efficiency of Zhejiang Damon Technology Co Ltd from 2011 to 2024. For the full company profile with market capitalisation and key ratios, see Zhejiang Damon Technology Co Ltd market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 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