Huagong Tech Co Ltd (000988) - Cash Flow Conversion Efficiency

Latest 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 ≈ $61.64 Million USD) by net assets (CN¥8.98 Billion ≈ $1.31 Billion 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 000988 market cap overview for the company's overall valuation and market capitalisation.

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.

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. Explore earnings quality score of Huagong Tech Co Ltd to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
H.K. CHINA GAS HD-25 ADR F:HCGS	N/A
RoboTechnik Intelligent Technology Co Ltd SHE:300757	0.044x
Ascendis Pharma AS NASDAQ:ASND	-0.016x
WUXI BIOLOGICS UNSP.ADR/2 F:1FW1	N/A
Elia Group SA/NV BR:ELI	0.140x
REA Group Ltd AU:REA	0.179x
Hua Xia Bank Co Ltd SHG:600015	-0.089x
Gen Digital Inc. NASDAQ:GEN	0.232x

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. View 000988 live share 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¥10.28 Billion ≈ $1.50 Billion	CN¥731.88 Million ≈ $107.10 Million	0.071x	-54.84%
2023-12-31	CN¥9.37 Billion ≈ $1.37 Billion	CN¥1.48 Billion ≈ $216.26 Million	0.158x	+124.95%
2022-12-31	CN¥8.26 Billion ≈ $1.21 Billion	CN¥579.21 Million ≈ $84.76 Million	0.070x	+502.65%
2021-12-31	CN¥7.43 Billion ≈ $1.09 Billion	CN¥86.40 Million ≈ $12.64 Million	0.012x	-79.23%
2020-12-31	CN¥6.69 Billion ≈ $978.99 Million	CN¥374.72 Million ≈ $54.83 Million	0.056x	-15.29%
2019-12-31	CN¥6.25 Billion ≈ $914.59 Million	CN¥413.25 Million ≈ $60.47 Million	0.066x	+718.85%
2018-12-31	CN¥5.80 Billion ≈ $848.97 Million	CN¥46.85 Million ≈ $6.86 Million	0.008x	-56.45%
2017-12-31	CN¥5.32 Billion ≈ $778.45 Million	CN¥98.63 Million ≈ $14.43 Million	0.019x	-79.52%
2016-12-31	CN¥3.26 Billion ≈ $476.34 Million	CN¥294.67 Million ≈ $43.12 Million	0.091x	+34.18%
2015-12-31	CN¥3.01 Billion ≈ $440.97 Million	CN¥203.31 Million ≈ $29.75 Million	0.067x	+8.60%
2014-12-31	CN¥2.89 Billion ≈ $422.55 Million	CN¥179.39 Million ≈ $26.25 Million	0.062x	+91.77%
2013-12-31	CN¥2.72 Billion ≈ $397.78 Million	CN¥88.06 Million ≈ $12.89 Million	0.032x	-14.81%
2010-12-31	CN¥1.85 Billion ≈ $270.11 Million	CN¥70.19 Million ≈ $10.27 Million	0.038x	+204.06%
2009-12-31	CN¥1.72 Billion ≈ $252.17 Million	CN¥21.55 Million ≈ $3.15 Million	0.013x	-7.73%
2008-12-31	CN¥1.16 Billion ≈ $170.28 Million	CN¥15.77 Million ≈ $2.31 Million	0.014x	-11.95%
2007-12-31	CN¥1.22 Billion ≈ $177.99 Million	CN¥18.72 Million ≈ $2.74 Million	0.015x	-39.80%
2006-12-31	CN¥826.26 Million ≈ $120.91 Million	CN¥21.13 Million ≈ $3.09 Million	0.026x	-6.33%
2005-12-31	CN¥773.02 Million ≈ $113.12 Million	CN¥21.10 Million ≈ $3.09 Million	0.027x	-13.11%
2004-12-31	CN¥752.45 Million ≈ $110.11 Million	CN¥23.64 Million ≈ $3.46 Million	0.031x	+4.08%
2003-12-31	CN¥728.66 Million ≈ $106.63 Million	CN¥22.00 Million ≈ $3.22 Million	0.030x	+41.72%
2000-12-31	CN¥586.33 Million ≈ $85.80 Million	CN¥12.49 Million ≈ $1.83 Million	0.021x	--

About Huagong Tech Co Ltd

SHE:000988 China Electrical Equipment & Parts

Market Cap

$14.74 Billion

CN¥100.75 Billion CNY

Market Cap Rank

#1652 Global

#149 in China

Share Price

CN¥100.20

Change (1 day)

+0.20%

52-Week Range

CN¥67.88 - CN¥184.61

All Time High

CN¥184.61