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.
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. Read debt load of CareRay Digital Medical Technology Co Lt for a breakdown of total debt and financial obligations.
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 |
|---|---|
|
Cita Mineral Investindo Tbk PT
JK:CITA
|
0.043x |
|
GuangDong Rifeng Electric Cable Co Ltd
SHE:002953
|
0.025x |
|
Opko Health Inc
NASDAQ:OPK
|
-0.027x |
|
Sri Trang Agro-Industry Public Company Limited
BK:STA
|
-0.008x |
|
Omeros Corporation
NASDAQ:OMER
|
0.084x |
|
Artis Real Estate Investment Trust
TO:AX-UN
|
0.040x |
|
Scandinavian Tobacco Group A/S
CO:STG
|
0.027x |
|
Yijiahe Technology Co Ltd
SHG:603666
|
-0.030x |
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