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. See debt-free asset ratio of Huagong Tech Co Ltd to measure how much of total assets are equity-financed.

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. Check 000988 cash flow quality score to evaluate the quality of earnings relative to operating cash generation.

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
Jiangsu Zhongtian Technology Co Ltd SHG:600522	0.061x
China Three Gorges New Energy Group Co Ltd SHG:600905	0.082x
Traton SE F:8TRA	0.005x
Unibail-Rodamco-Westfield AU:URW	0.055x
Societatea Nationala de Gaze Naturale Romgaz SA RO:SNG	0.033x
Ast Spacemobile Inc NASDAQ:ASTS	-0.040x
nVent Electric PLC NYSE:NVT	0.060x
Cellnex Telecom SA MC:CLNX	0.089x

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. For the full company profile with market capitalisation and key ratios, see Huagong Tech Co Ltd stock valuation.

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

$16.47 Billion

CN¥112.53 Billion CNY

Market Cap Rank

#1515 Global

#140 in China

Share Price

CN¥111.91

Change (1 day)

-1.41%

52-Week Range

CN¥47.85 - CN¥184.61

All Time High

CN¥184.61