Sichuan Haite High-tech Co Ltd (002023) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.002x

Based on the latest financial reports, Sichuan Haite High-tech Co Ltd (002023) has a cash flow conversion efficiency ratio of 0.002x 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¥6.67 Million ≈ $976.21K USD) by net assets (CN¥4.36 Billion ≈ $637.93 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Sichuan Haite High-tech Co Ltd net asset quality index to measure how much of total assets are equity-financed.

Sichuan Haite High-tech Co Ltd - Cash Flow Conversion Efficiency Trend (2003–2025)

This chart illustrates how Sichuan Haite High-tech Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Sichuan Haite High-tech Co Ltd earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.

Sichuan Haite High-tech Co Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Sichuan Haite High-tech Co Ltd ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Helix Energy Solutions Group Inc NYSE:HLX	0.015x
CTS International Logistics Corp Ltd SHG:603128	0.000x
Altareit PA:AREIT	0.051x
Max Zipper Co Ltd TWO:8932	0.083x
HTC Corp TW:2498	-0.016x
ORION Holdings Corp KO:001800	0.036x
TotalEnergies EP Gabon S.A. PA:EC	0.068x
Canadian Solar Inc NASDAQ:CSIQ	-0.026x

Annual Cash Flow Conversion Efficiency for Sichuan Haite High-tech Co Ltd (2003–2025)

The table below shows the annual cash flow conversion efficiency of Sichuan Haite High-tech Co Ltd from 2003 to 2025. For the full company profile with market capitalisation and key ratios, see 002023 market cap overview.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	CN¥3.70 Billion ≈ $541.17 Million	CN¥584.37 Million ≈ $85.51 Million	0.158x	+65.72%
2024-12-31	CN¥4.27 Billion ≈ $624.96 Million	CN¥407.23 Million ≈ $59.59 Million	0.095x	+20.35%
2023-12-31	CN¥4.27 Billion ≈ $624.49 Million	CN¥338.11 Million ≈ $49.48 Million	0.079x	-30.27%
2022-12-31	CN¥4.21 Billion ≈ $615.65 Million	CN¥478.03 Million ≈ $69.95 Million	0.114x	+45.97%
2021-12-31	CN¥4.08 Billion ≈ $597.63 Million	CN¥317.90 Million ≈ $46.52 Million	0.078x	+30.83%
2020-12-31	CN¥3.95 Billion ≈ $578.49 Million	CN¥235.21 Million ≈ $34.42 Million	0.059x	-23.15%
2019-12-31	CN¥4.00 Billion ≈ $585.78 Million	CN¥309.93 Million ≈ $45.35 Million	0.077x	+47.35%
2018-12-31	CN¥3.93 Billion ≈ $575.64 Million	CN¥206.69 Million ≈ $30.25 Million	0.053x	+521.51%
2017-12-31	CN¥3.97 Billion ≈ $580.53 Million	CN¥33.54 Million ≈ $4.91 Million	0.008x	-32.38%
2016-12-31	CN¥4.13 Billion ≈ $604.93 Million	CN¥51.68 Million ≈ $7.56 Million	0.013x	+245.36%
2015-12-31	CN¥3.75 Billion ≈ $548.41 Million	CN¥-32.23 Million ≈ $-4.72 Million	-0.009x	-115.34%
2014-12-31	CN¥1.72 Billion ≈ $251.88 Million	CN¥96.51 Million ≈ $14.12 Million	0.056x	-52.56%
2013-12-31	CN¥1.61 Billion ≈ $235.55 Million	CN¥190.23 Million ≈ $27.84 Million	0.118x	-6.64%
2012-12-31	CN¥1.05 Billion ≈ $154.15 Million	CN¥133.35 Million ≈ $19.51 Million	0.127x	+64.81%
2011-12-31	CN¥1.02 Billion ≈ $149.02 Million	CN¥78.22 Million ≈ $11.45 Million	0.077x	+39.48%
2010-12-31	CN¥959.71 Million ≈ $140.44 Million	CN¥52.85 Million ≈ $7.73 Million	0.055x	-63.18%
2009-12-31	CN¥580.28 Million ≈ $84.91 Million	CN¥86.78 Million ≈ $12.70 Million	0.150x	+6058.38%
2008-12-31	CN¥539.44 Million ≈ $78.94 Million	CN¥1.31 Million ≈ $191.68K	0.002x	-96.77%
2007-12-31	CN¥498.84 Million ≈ $73.00 Million	CN¥37.49 Million ≈ $5.49 Million	0.075x	+65.81%
2006-12-31	CN¥497.88 Million ≈ $72.86 Million	CN¥22.56 Million ≈ $3.30 Million	0.045x	-8.08%
2005-12-31	CN¥493.03 Million ≈ $72.15 Million	CN¥24.31 Million ≈ $3.56 Million	0.049x	-51.67%
2004-12-31	CN¥449.39 Million ≈ $65.76 Million	CN¥45.85 Million ≈ $6.71 Million	0.102x	-60.74%
2003-12-31	CN¥175.19 Million ≈ $25.64 Million	CN¥45.53 Million ≈ $6.66 Million	0.260x	--

About Sichuan Haite High-tech Co Ltd

SHE:002023 China Aerospace & Defense

Market Cap

$1.04 Billion

CN¥7.10 Billion CNY

Market Cap Rank

#8631 Global

#2035 in China

Share Price

CN¥9.59

Change (1 day)

+2.57%

52-Week Range

CN¥8.50 - CN¥15.39

All Time High

CN¥20.97