Hengbao Co Ltd (002104) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.011x

Based on the latest financial reports, Hengbao Co Ltd (002104) has a cash flow conversion efficiency ratio of 0.011x 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¥23.28 Million ≈ $3.41 Million USD) by net assets (CN¥2.14 Billion ≈ $313.41 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 Hengbao Co Ltd net asset quality index to measure how much of total assets are equity-financed.

Hengbao Co Ltd - Cash Flow Conversion Efficiency Trend (2003–2025)

This chart illustrates how Hengbao Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check 002104 cash flow quality score to evaluate the quality of earnings relative to operating cash generation.

Hengbao Co Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Hengbao Co Ltd ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Sabine Royalty Trust NYSE:SBR	10.650x
Total Gabon F:RZW	0.045x
Ziel Home Furnishing Technology Co. Ltd. A SHE:301376	N/A
BLS International Services Limited NSE:BLS	0.211x
Tansun Technology Co Ltd SHE:300872	0.019x
Arendals Fossekompani ASA OL:AFK	0.013x
Tekla Healthcare Investors NYSE:HQH	0.008x
Huizhou Speed Wireless Technology Co Ltd SHE:300322	-0.085x

Annual Cash Flow Conversion Efficiency for Hengbao Co Ltd (2003–2025)

The table below shows the annual cash flow conversion efficiency of Hengbao Co Ltd from 2003 to 2025. For the full company profile with market capitalisation and key ratios, see Hengbao Co Ltd stock valuation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	CN¥2.16 Billion ≈ $316.03 Million	CN¥186.40 Million ≈ $27.28 Million	0.086x	-14.97%
2024-12-31	CN¥2.15 Billion ≈ $314.46 Million	CN¥218.12 Million ≈ $31.92 Million	0.102x	+0.97%
2023-12-31	CN¥2.12 Billion ≈ $310.66 Million	CN¥213.41 Million ≈ $31.23 Million	0.101x	+214.13%
2022-12-31	CN¥1.96 Billion ≈ $286.23 Million	CN¥-172.28 Million ≈ $-25.21 Million	-0.088x	-360.66%
2021-12-31	CN¥1.84 Billion ≈ $269.89 Million	CN¥62.32 Million ≈ $9.12 Million	0.034x	-86.95%
2020-12-31	CN¥1.99 Billion ≈ $291.21 Million	CN¥515.16 Million ≈ $75.38 Million	0.259x	+1274.74%
2019-12-31	CN¥2.02 Billion ≈ $295.19 Million	CN¥-44.45 Million ≈ $-6.50 Million	-0.022x	-107.43%
2018-12-31	CN¥1.98 Billion ≈ $290.13 Million	CN¥588.24 Million ≈ $86.08 Million	0.297x	+229.81%
2017-12-31	CN¥1.88 Billion ≈ $275.21 Million	CN¥-429.87 Million ≈ $-62.90 Million	-0.229x	-224.82%
2016-12-31	CN¥1.66 Billion ≈ $243.49 Million	CN¥304.69 Million ≈ $44.59 Million	0.183x	+47.80%
2015-12-31	CN¥1.57 Billion ≈ $229.43 Million	CN¥194.24 Million ≈ $28.42 Million	0.124x	-63.02%
2014-12-31	CN¥1.25 Billion ≈ $183.09 Million	CN¥419.22 Million ≈ $61.34 Million	0.335x	+44.44%
2013-12-31	CN¥965.07 Million ≈ $141.22 Million	CN¥223.86 Million ≈ $32.76 Million	0.232x	-24.32%
2012-12-31	CN¥808.61 Million ≈ $118.32 Million	CN¥247.84 Million ≈ $36.27 Million	0.306x	+116.23%
2011-12-31	CN¥706.40 Million ≈ $103.37 Million	CN¥100.13 Million ≈ $14.65 Million	0.142x	-35.58%
2010-12-31	CN¥636.45 Million ≈ $93.13 Million	CN¥140.04 Million ≈ $20.49 Million	0.220x	+50.85%
2009-12-31	CN¥546.53 Million ≈ $79.98 Million	CN¥79.72 Million ≈ $11.67 Million	0.146x	+522.87%
2008-12-31	CN¥482.09 Million ≈ $70.54 Million	CN¥-16.63 Million ≈ $-2.43 Million	-0.034x	-124.05%
2007-12-31	CN¥459.86 Million ≈ $67.29 Million	CN¥65.95 Million ≈ $9.65 Million	0.143x	-24.05%
2006-12-31	CN¥412.30 Million ≈ $60.33 Million	CN¥77.85 Million ≈ $11.39 Million	0.189x	-40.51%
2005-12-31	CN¥146.35 Million ≈ $21.42 Million	CN¥46.45 Million ≈ $6.80 Million	0.317x	-39.98%
2004-12-31	CN¥100.11 Million ≈ $14.65 Million	CN¥52.94 Million ≈ $7.75 Million	0.529x	+33.04%
2003-12-31	CN¥53.55 Million ≈ $7.84 Million	CN¥21.29 Million ≈ $3.11 Million	0.397x	--

About Hengbao Co Ltd

SHE:002104 China Business Equipment & Supplies

Market Cap

$1.06 Billion

CN¥7.27 Billion CNY

Market Cap Rank

#8498 Global

#1978 in China

Share Price

CN¥10.27

Change (1 day)

+1.48%

52-Week Range

CN¥9.04 - CN¥30.50

All Time High

CN¥30.50