Huagong Tech Co Ltd Cash Flow Conversion Efficiency

Latest as of September 2023: 0.047x

Huagong Tech Co Ltd cash flow conversion efficiency. 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.

Cash Flow Conversion Efficiency of Huagong Tech Co Ltd (2000–2024)

Cash flow conversion efficiency of Huagong Tech Co Ltd from 2000 to 2024. This chart illustrates how Huagong Tech Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Huagong Tech Co Ltd (000988) stock price for real-time trading data and today's change.

Huagong Tech Co Ltd Cash Flow Conversion Ratio Explained

Huagong Tech Co Ltd cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.

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. Also see Huagong Tech Co Ltd (000988) market capitalisation for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
Zhejiang China Commodities City Group Co Ltd SHG:600415	0.343x
Booz Allen Hamilton Holding NYSE:BAH	0.234x
Xizang Haisco Pharmaceutical Group Co Ltd SHE:002653	0.008x
TORAY INDUSTRIES ADR/2 F:6HK	N/A
ASX Ltd AU:ASX	-0.330x
Securitas AB ST:SECU-B	0.095x
ALSTOM S.A. UNSP.ADR 1/10 F:AOMU	N/A
Aptiv PLC NYSE:APTV	0.011x

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. Review Huagong Tech Co Ltd free cash flow ratio to assess how much free cash flow the company generates relative to operating cash flow.

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

$9.14 Billion

CN¥62.49 Billion CNY

Market Cap Rank

#2310 Global

#222 in China

Share Price

CN¥62.15

Change (1 day)

-7.65%

52-Week Range

CN¥62.15 - CN¥184.61

All Time High

CN¥184.61