CareRay Digital Medical Technology Co Ltd
CareRay Digital Medical Technology Co., Ltd. engages in research and development, production, and sales of digital X-ray flat panel detectors in China. The company offers Gen3 panels; radiography products, including wireless, tethered, and specialized panels, as well as accessories; mammography, fluoroscopy, dental, and industrial NDT products; and custom panels. It also provides solutions for re… Read more
CareRay Digital Medical Technology Co Ltd (688607) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: -0.026x
Based on the latest financial reports, CareRay Digital Medical Technology Co Ltd (688607) has a cash flow conversion efficiency ratio of -0.026x 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¥-22.70 Million) by net assets (CN¥858.27 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
CareRay Digital Medical Technology Co Ltd - Cash Flow Conversion Efficiency Trend (2017–2024)
This chart illustrates how CareRay Digital Medical Technology Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
CareRay Digital Medical Technology Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of CareRay Digital Medical Technology Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Shanghai Baosteel Packaging
SHG:601968
|
0.070x |
|
Bank Sinarmas Tbk
JK:BSIM
|
0.273x |
|
Precigen Inc
NASDAQ:PGEN
|
-0.694x |
|
CHTC Helon Co Ltd
SHE:000677
|
-0.004x |
|
Petroreconcavo S.A
SA:RECV3
|
0.085x |
|
Black Peony Group Co Ltd
SHG:600510
|
0.000x |
|
Jiangsu Changhai Compos Material
SHE:300196
|
0.029x |
|
IFCI Limited
NSE:IFCI
|
0.022x |
Annual Cash Flow Conversion Efficiency for CareRay Digital Medical Technology Co Ltd (2017–2024)
The table below shows the annual cash flow conversion efficiency of CareRay Digital Medical Technology Co Ltd from 2017 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥862.51 Million | CN¥22.62 Million | 0.026x | +4.78% |
| 2023-12-31 | CN¥858.07 Million | CN¥21.48 Million | 0.025x | +164.43% |
| 2022-12-31 | CN¥844.16 Million | CN¥-32.79 Million | -0.039x | -207.29% |
| 2021-12-31 | CN¥870.90 Million | CN¥31.53 Million | 0.036x | -81.24% |
| 2020-12-31 | CN¥368.84 Million | CN¥71.18 Million | 0.193x | +162.52% |
| 2019-12-31 | CN¥293.61 Million | CN¥21.59 Million | 0.074x | -45.30% |
| 2018-12-31 | CN¥245.21 Million | CN¥32.95 Million | 0.134x | -10.05% |
| 2017-12-31 | CN¥194.09 Million | CN¥29.00 Million | 0.149x | -- |