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 002104 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

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.

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
Lindsay Corporation NYSE:LNN	0.048x
Canfor Corporation TO:CFP	-0.029x
Guangdong Silvere Sci and Tech SHE:300221	0.050x
Nazara Technologies Limited NSE:NAZARA	0.009x
Fras-le S.A SA:FRAS3	0.130x
Refrigeration Electrical Engineering Corp VN:REE	0.043x
KCTech Co Ltd KO:281820	-0.008x
Rio Tinto PLC LSE:RIO	0.112x

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 002104 stock market capitalisation.

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

$1.21 Billion

CN¥8.24 Billion CNY

Market Cap Rank

#8284 Global

#2018 in China

Share Price

CN¥11.63

Change (1 day)

+0.43%

52-Week Range

CN¥11.14 - CN¥30.50

All Time High

CN¥30.50