Shenzhen Xinyichang Technology Co. Ltd. A (688383) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Shenzhen Xinyichang Technology Co. Ltd. A (688383) 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¥26.25 Million ≈ $3.84 Million USD) by net assets (CN¥1.37 Billion ≈ $200.22 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 Shenzhen Xinyichang Technology Co. Ltd. (688383) liquidity interval to measure how many days the company can operate on defensive assets alone.
Shenzhen Xinyichang Technology Co. Ltd. A - Cash Flow Conversion Efficiency Trend (2017–2024)
This chart illustrates how Shenzhen Xinyichang Technology Co. Ltd. A's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Shenzhen Xinyichang Technology Co. Ltd. A Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Shenzhen Xinyichang Technology Co. Ltd. A ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Xometry Inc
NASDAQ:XMTR
|
0.021x |
|
Hefei Metalforming Mach Tool
SHG:603011
|
-0.003x |
|
Fortior Technology (Shenzhen) Co. Ltd. A
SHG:688279
|
N/A |
|
MGE Energy Inc
NASDAQ:MGEE
|
0.060x |
|
Bank of Qingdao Co Ltd
SHE:002948
|
0.020x |
|
SINOPHARM GROUP 1/5/O.N.
F:X2S1
|
N/A |
|
Redwire Corp
NYSE:RDW
|
-0.007x |
|
Shanghai M&G Stationery Inc
SHG:603899
|
0.074x |
Annual Cash Flow Conversion Efficiency for Shenzhen Xinyichang Technology Co. Ltd. A (2017–2024)
The table below shows the annual cash flow conversion efficiency of Shenzhen Xinyichang Technology Co. Ltd. A from 2017 to 2024. For the full company profile with market capitalisation and key ratios, see Shenzhen Xinyichang Technology Co. Ltd. market cap and net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥1.39 Billion ≈ $203.30 Million |
CN¥139.44 Million ≈ $20.40 Million |
0.100x | +14627.51% |
| 2023-12-31 | CN¥1.39 Billion ≈ $203.34 Million |
CN¥-960.01K ≈ $-140.48K |
-0.001x | +99.65% |
| 2022-12-31 | CN¥1.38 Billion ≈ $201.60 Million |
CN¥-273.06 Million ≈ $-39.96 Million |
-0.198x | -159.48% |
| 2021-12-31 | CN¥1.26 Billion ≈ $184.04 Million |
CN¥-96.07 Million ≈ $-14.06 Million |
-0.076x | -136.16% |
| 2020-12-31 | CN¥575.20 Million ≈ $84.17 Million |
CN¥121.50 Million ≈ $17.78 Million |
0.211x | +122.24% |
| 2019-12-31 | CN¥466.42 Million ≈ $68.25 Million |
CN¥44.33 Million ≈ $6.49 Million |
0.095x | +343.74% |
| 2018-12-31 | CN¥345.35 Million ≈ $50.54 Million |
CN¥7.40 Million ≈ $1.08 Million |
0.021x | +163.68% |
| 2017-12-31 | CN¥243.19 Million ≈ $35.59 Million |
CN¥-8.18 Million ≈ $-1.20 Million |
-0.034x | -- |
About Shenzhen Xinyichang Technology Co. Ltd. A
Shenzhen Xinyichang Technology Co., Ltd. engages in the research and development, production, and sale of intelligent manufacturing equipment for LED, capacitor, semiconductor, lithium battery, and other industries in China. The company's products include LED die bonding, semiconductor, capacitor device, and lithium batteries equipment. It also provides related equipment products, such as drivers… Read more