Huagong Tech Co Ltd
Huagong Tech Company Limited manufactures and sells laser equipment, hologram products, optical communication devices, and electronic components in China and internationally. It operates through four divisions: Laser Processing Equipment and Intelligent Manufacturing Production and Sales Division; Optoelectronic Devices Production and Sales Division; Sensitive Components Production and Sales Divi… Read more
Huagong Tech Co Ltd (000988) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2023: 0.047x
Based on the latest financial reports, Huagong Tech Co Ltd (000988) has a cash flow conversion efficiency ratio of 0.047x as of September 2023.
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¥421.23 Million) by net assets (CN¥8.98 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Huagong Tech Co Ltd - Cash Flow Conversion Efficiency Trend (2000–2024)
This chart illustrates how Huagong Tech Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Huagong Tech Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Huagong Tech Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Gen Digital Inc.
NASDAQ:GEN
|
0.232x |
|
OGE Energy Corporation
NYSE:OGE
|
0.077x |
|
Evolution AB (publ)
PINK:EVGGF
|
0.074x |
|
Akzo Nobel N.V
OTCQX:AKZOF
|
0.096x |
|
King Yuan Electronics Co Ltd
TW:2449
|
0.094x |
|
Everest Group Ltd
NYSE:EG
|
-0.021x |
|
Applied Industrial Technologies
NYSE:AIT
|
0.052x |
|
ALTEOGEN Inc
KQ:196170
|
-0.013x |
Annual Cash Flow Conversion Efficiency for Huagong Tech Co Ltd (2000–2024)
The table below shows the annual cash flow conversion efficiency of Huagong Tech Co Ltd from 2000 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥10.28 Billion | CN¥731.88 Million | 0.071x | -54.84% |
| 2023-12-31 | CN¥9.37 Billion | CN¥1.48 Billion | 0.158x | +124.95% |
| 2022-12-31 | CN¥8.26 Billion | CN¥579.21 Million | 0.070x | +502.65% |
| 2021-12-31 | CN¥7.43 Billion | CN¥86.40 Million | 0.012x | -79.23% |
| 2020-12-31 | CN¥6.69 Billion | CN¥374.72 Million | 0.056x | -15.29% |
| 2019-12-31 | CN¥6.25 Billion | CN¥413.25 Million | 0.066x | +718.85% |
| 2018-12-31 | CN¥5.80 Billion | CN¥46.85 Million | 0.008x | -56.45% |
| 2017-12-31 | CN¥5.32 Billion | CN¥98.63 Million | 0.019x | -79.52% |
| 2016-12-31 | CN¥3.26 Billion | CN¥294.67 Million | 0.091x | +34.18% |
| 2015-12-31 | CN¥3.01 Billion | CN¥203.31 Million | 0.067x | +8.60% |
| 2014-12-31 | CN¥2.89 Billion | CN¥179.39 Million | 0.062x | +91.77% |
| 2013-12-31 | CN¥2.72 Billion | CN¥88.06 Million | 0.032x | -14.81% |
| 2010-12-31 | CN¥1.85 Billion | CN¥70.19 Million | 0.038x | +204.06% |
| 2009-12-31 | CN¥1.72 Billion | CN¥21.55 Million | 0.013x | -7.73% |
| 2008-12-31 | CN¥1.16 Billion | CN¥15.77 Million | 0.014x | -11.95% |
| 2007-12-31 | CN¥1.22 Billion | CN¥18.72 Million | 0.015x | -39.80% |
| 2006-12-31 | CN¥826.26 Million | CN¥21.13 Million | 0.026x | -6.33% |
| 2005-12-31 | CN¥773.02 Million | CN¥21.10 Million | 0.027x | -13.11% |
| 2004-12-31 | CN¥752.45 Million | CN¥23.64 Million | 0.031x | +4.08% |
| 2003-12-31 | CN¥728.66 Million | CN¥22.00 Million | 0.030x | +41.72% |
| 2000-12-31 | CN¥586.33 Million | CN¥12.49 Million | 0.021x | -- |