CareRay Digital Medical Technology Co Ltd Cash Flow Conversion Efficiency
CareRay Digital Medical Technology Co Ltd 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.
Cash Flow Conversion Efficiency of CareRay Digital Medical Technology Co Ltd (2017–2024)
Cash flow conversion efficiency of CareRay Digital Medical Technology Co Ltd from 2017 to 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. View today's stock price for CareRay Digital Medical Technology Co Lt for real-time trading data and today's change.
CareRay Digital Medical Technology Co Ltd Cash Flow Conversion Ratio Explained
CareRay Digital Medical 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.
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. Also see 688607 stock market capitalisation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Anpec Electronics
TWO:6138
|
0.041x |
|
Shanghai Koal Software Co Ltd
SHG:603232
|
0.000x |
|
Cricut Inc
NASDAQ:CRCT
|
0.240x |
|
Noah Holdings Limited
F:6NO
|
0.050x |
|
Guangdong Ganhua Science & Industry Co Ltd
SHE:000576
|
-0.009x |
|
Eniro AB
ST:ENRO
|
0.028x |
|
Eastnine AB (publ)
ST:EAST
|
0.013x |
|
FuJian YanJing HuiQuan Brewery Co Ltd
SHG:600573
|
0.057x |
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. Review free cash flow generation of CareRay Digital Medical Technology Co Lt 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 |
|---|---|---|---|---|
| 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