CareRay Digital Medical Technology Co Ltd (688607) - Cash Flow Conversion Efficiency
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 ≈ $-3.32 Million USD) by net assets (CN¥858.27 Million ≈ $125.59 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 CareRay Digital Medical Technology Co Lt defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
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.
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 |
|---|---|
|
DL Holdings CO. LTD.
KO:000210
|
0.026x |
|
Shandong Sanyuan Biotechnology Co.Ltd.
SHE:301206
|
0.006x |
|
ALTERRA PWR
F:9ME
|
N/A |
|
Xiamen Anne Corp Ltd
SHE:002235
|
0.009x |
|
Tropicana Corporation Bhd
KLSE:5401
|
-0.058x |
|
Shanghai Sinotec Co Ltd
SHG:603121
|
0.048x |
|
Magazine Luiza S.A
SA:MGLU3
|
0.400x |
|
Concord International Securities Co Ltd
TWO:5864
|
-0.119x |
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. For the full company profile with market capitalisation and key ratios, see CareRay Digital Medical Technology Co Lt stock valuation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥862.51 Million ≈ $126.21 Million |
CN¥22.62 Million ≈ $3.31 Million |
0.026x | +4.78% |
| 2023-12-31 | CN¥858.07 Million ≈ $125.56 Million |
CN¥21.48 Million ≈ $3.14 Million |
0.025x | +164.43% |
| 2022-12-31 | CN¥844.16 Million ≈ $123.53 Million |
CN¥-32.79 Million ≈ $-4.80 Million |
-0.039x | -207.29% |
| 2021-12-31 | CN¥870.90 Million ≈ $127.44 Million |
CN¥31.53 Million ≈ $4.61 Million |
0.036x | -81.24% |
| 2020-12-31 | CN¥368.84 Million ≈ $53.97 Million |
CN¥71.18 Million ≈ $10.42 Million |
0.193x | +162.52% |
| 2019-12-31 | CN¥293.61 Million ≈ $42.97 Million |
CN¥21.59 Million ≈ $3.16 Million |
0.074x | -45.30% |
| 2018-12-31 | CN¥245.21 Million ≈ $35.88 Million |
CN¥32.95 Million ≈ $4.82 Million |
0.134x | -10.05% |
| 2017-12-31 | CN¥194.09 Million ≈ $28.40 Million |
CN¥29.00 Million ≈ $4.24 Million |
0.149x | -- |
About 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