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. Also see 688607 company net worth for the company's overall valuation and market capitalisation.
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. Explore cash flow quality index of CareRay Digital Medical Technology Co Lt to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Eris Technology
TWO:3675
|
0.033x |
|
Concrete Pumping Holdings Class A
NASDAQ:BBCP
|
0.082x |
|
Shandong Lipeng Co Ltd
SHE:002374
|
0.037x |
|
Euroseas Ltd
NASDAQ:ESEA
|
0.083x |
|
Guangzhou Hangxin Aviation Technology Co Ltd
SHE:300424
|
0.071x |
|
Brandywine Realty Trust
NYSE:BDN
|
0.060x |
|
Shanghai New Huang Pu Real Estate Co Ltd
SHG:600638
|
0.080x |
|
Shanghai Join Buy Co Ltd
SHG:600838
|
0.003x |
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. View CareRay Digital Medical Technology Co Lt stock price for real-time trading data and today's change.
| 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