Zhong Yang Technology Co Ltd (6668) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Zhong Yang Technology Co Ltd (6668) has a cash flow conversion efficiency ratio of -0.018x 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 (NT$-39.51 Million ≈ $-1.24 Million USD) by net assets (NT$2.16 Billion ≈ $68.07 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 net asset quality index of Zhong Yang Technology Co Ltd to measure how much of total assets are equity-financed.
Zhong Yang Technology Co Ltd - Cash Flow Conversion Efficiency Trend (2014–2024)
This chart illustrates how Zhong Yang Technology Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Zhong Yang Technology Co Ltd earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.
Zhong Yang Technology Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Zhong Yang Technology Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Megaforce Co Ltd
TWO:3294
|
0.065x |
|
Servotronics Inc
NYSE MKT:SVT
|
-0.067x |
|
Hanyang Digitech Co. Ltd
KQ:078350
|
0.037x |
|
Paxman AB
ST:PAX
|
-0.014x |
|
vTv Therapeutics Inc
NASDAQ:VTVT
|
0.102x |
|
Torimbia Socimi S.A.
MC:YTRM
|
0.191x |
|
Nelly Group AB
ST:NELLY
|
-0.064x |
|
enGene Holdings Inc. Common Stock
NASDAQ:ENGN
|
-0.120x |
Annual Cash Flow Conversion Efficiency for Zhong Yang Technology Co Ltd (2014–2024)
The table below shows the annual cash flow conversion efficiency of Zhong Yang Technology Co Ltd from 2014 to 2024. For the full company profile with market capitalisation and key ratios, see 6668 stock market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | NT$1.99 Billion ≈ $62.65 Million |
NT$-79.53 Million ≈ $-2.51 Million |
-0.040x | -231.20% |
| 2023-12-31 | NT$1.91 Billion ≈ $60.28 Million |
NT$58.32 Million ≈ $1.84 Million |
0.030x | -75.21% |
| 2022-12-31 | NT$1.82 Billion ≈ $57.38 Million |
NT$223.95 Million ≈ $7.06 Million |
0.123x | +57.41% |
| 2021-12-31 | NT$2.14 Billion ≈ $67.36 Million |
NT$167.01 Million ≈ $5.26 Million |
0.078x | -36.23% |
| 2020-12-31 | NT$2.01 Billion ≈ $63.26 Million |
NT$246.00 Million ≈ $7.75 Million |
0.123x | +19.57% |
| 2019-12-31 | NT$1.85 Billion ≈ $58.30 Million |
NT$189.59 Million ≈ $5.97 Million |
0.102x | +78.19% |
| 2018-12-31 | NT$1.78 Billion ≈ $56.12 Million |
NT$102.42 Million ≈ $3.23 Million |
0.057x | -73.36% |
| 2017-12-31 | NT$1.28 Billion ≈ $40.30 Million |
NT$276.07 Million ≈ $8.70 Million |
0.216x | +403.91% |
| 2016-12-31 | NT$535.65 Million ≈ $16.88 Million |
NT$-38.04 Million ≈ $-1.20 Million |
-0.071x | -110.55% |
| 2015-12-31 | NT$100.68 Million ≈ $3.17 Million |
NT$67.76 Million ≈ $2.13 Million |
0.673x | +409.24% |
| 2014-12-31 | NT$37.49 Million ≈ $1.18 Million |
NT$4.96 Million ≈ $156.11K |
0.132x | -- |
About Zhong Yang Technology Co Ltd
Zhong Yang Technology Co., Ltd., together with its subsidiaries, engages in the research, development, manufacture, and sale of optical lens molds in Taiwan, China, Korea, and internationally. The company provides glass lenses, plastic lenses, mold for glass molding, mold for injection molding, and special mold core. It also offers mobile phone lenses and other optical lens molds used in mobile p… Read more