Shenzhen Kaifa Technology Co Ltd (000021) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.040x

Based on the latest financial reports, Shenzhen Kaifa Technology Co Ltd (000021) has a cash flow conversion efficiency ratio of 0.040x 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¥638.44 Million ≈ $93.42 Million USD) by net assets (CN¥15.85 Billion ≈ $2.32 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Shenzhen Kaifa Technology Co Ltd balance sheet quality to measure how much of total assets are equity-financed.

Shenzhen Kaifa Technology Co Ltd - Cash Flow Conversion Efficiency Trend (1998–2025)

This chart illustrates how Shenzhen Kaifa Technology Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check earnings quality score of Shenzhen Kaifa Technology Co Ltd to evaluate the quality of earnings relative to operating cash generation.

Shenzhen Kaifa Technology Co Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Shenzhen Kaifa Technology Co Ltd ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Oil India Limited NSE:OIL	0.054x
Western Alliance Bancorporation NYSE:WAL	-0.009x
Janus Henderson Group PLC NYSE:JHG	0.041x
AXIS Capital Holdings Ltd NYSE:AXS	0.106x
Syensqo BR:SYENS	0.050x
Zhejiang Huafon Spandex Co Ltd SHE:002064	0.057x
Adani Total Gas Limited NSE:ATGL	0.017x
Bid Corporation Ltd JSE:BID	0.182x

Annual Cash Flow Conversion Efficiency for Shenzhen Kaifa Technology Co Ltd (1998–2025)

The table below shows the annual cash flow conversion efficiency of Shenzhen Kaifa Technology Co Ltd from 1998 to 2025. For the full company profile with market capitalisation and key ratios, see 000021 stock market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	CN¥16.29 Billion ≈ $2.38 Billion	CN¥1.76 Billion ≈ $258.22 Million	0.108x	-38.18%
2024-12-31	CN¥13.86 Billion ≈ $2.03 Billion	CN¥2.43 Billion ≈ $355.35 Million	0.175x	+11.86%
2023-12-31	CN¥12.78 Billion ≈ $1.87 Billion	CN¥2.00 Billion ≈ $292.99 Million	0.157x	+109.22%
2022-12-31	CN¥11.96 Billion ≈ $1.75 Billion	CN¥895.70 Million ≈ $131.07 Million	0.075x	-0.98%
2021-12-31	CN¥11.47 Billion ≈ $1.68 Billion	CN¥867.61 Million ≈ $126.96 Million	0.076x	-80.60%
2020-12-31	CN¥8.01 Billion ≈ $1.17 Billion	CN¥3.12 Billion ≈ $456.92 Million	0.390x	+376.81%
2019-12-31	CN¥7.10 Billion ≈ $1.04 Billion	CN¥-1.00 Billion ≈ $-146.36 Million	-0.141x	-326.58%
2018-12-31	CN¥6.77 Billion ≈ $990.64 Million	CN¥420.77 Million ≈ $61.57 Million	0.062x	-48.80%
2017-12-31	CN¥5.93 Billion ≈ $867.56 Million	CN¥719.67 Million ≈ $105.31 Million	0.121x	+80.35%
2016-12-31	CN¥5.30 Billion ≈ $775.17 Million	CN¥356.54 Million ≈ $52.17 Million	0.067x	-28.56%
2015-12-31	CN¥5.21 Billion ≈ $761.75 Million	CN¥490.46 Million ≈ $71.77 Million	0.094x	+581.01%
2014-12-31	CN¥5.06 Billion ≈ $740.29 Million	CN¥-99.09 Million ≈ $-14.50 Million	-0.020x	-121.65%
2013-12-31	CN¥4.96 Billion ≈ $725.97 Million	CN¥448.85 Million ≈ $65.68 Million	0.090x	+30.63%
2012-12-31	CN¥4.16 Billion ≈ $608.19 Million	CN¥287.85 Million ≈ $42.12 Million	0.069x	+75.94%
2011-12-31	CN¥4.32 Billion ≈ $632.24 Million	CN¥170.08 Million ≈ $24.89 Million	0.039x	+54.05%
2010-12-31	CN¥4.48 Billion ≈ $655.32 Million	CN¥114.43 Million ≈ $16.75 Million	0.026x	-79.54%
2009-12-31	CN¥3.95 Billion ≈ $578.42 Million	CN¥493.69 Million ≈ $72.24 Million	0.125x	+41.04%
2008-12-31	CN¥3.82 Billion ≈ $559.39 Million	CN¥338.52 Million ≈ $49.54 Million	0.089x	+517.20%
2007-12-31	CN¥3.49 Billion ≈ $510.25 Million	CN¥-74.01 Million ≈ $-10.83 Million	-0.021x	-110.25%
2006-12-31	CN¥3.44 Billion ≈ $503.47 Million	CN¥712.39 Million ≈ $104.25 Million	0.207x	+237.20%
2005-12-31	CN¥2.87 Billion ≈ $419.60 Million	CN¥176.07 Million ≈ $25.76 Million	0.061x	-71.41%
2004-12-31	CN¥2.66 Billion ≈ $389.64 Million	CN¥571.80 Million ≈ $83.67 Million	0.215x	-36.38%
2003-12-31	CN¥2.51 Billion ≈ $367.04 Million	CN¥846.69 Million ≈ $123.90 Million	0.338x	+212.13%
2002-12-31	CN¥2.36 Billion ≈ $345.08 Million	CN¥255.04 Million ≈ $37.32 Million	0.108x	+22.07%
2001-12-31	CN¥2.31 Billion ≈ $338.54 Million	CN¥204.96 Million ≈ $29.99 Million	0.089x	+148.17%
2000-12-31	CN¥2.39 Billion ≈ $349.67 Million	CN¥-439.52 Million ≈ $-64.32 Million	-0.184x	-182.09%
1999-12-31	CN¥2.21 Billion ≈ $324.10 Million	CN¥496.29 Million ≈ $72.62 Million	0.224x	+30.05%
1998-12-31	CN¥1.92 Billion ≈ $281.33 Million	CN¥331.24 Million ≈ $48.47 Million	0.172x	--

About Shenzhen Kaifa Technology Co Ltd

SHE:000021 China Computer Hardware

Market Cap

$7.95 Billion

CN¥54.33 Billion CNY

Market Cap Rank

#2604 Global

#294 in China

Share Price

CN¥34.51

Change (1 day)

-7.31%

52-Week Range

CN¥18.49 - CN¥64.27

All Time High

CN¥64.27