Sunwave Communications Co Ltd (002115) - Cash Flow Conversion Efficiency

Latest as of September 2025: -0.059x

Based on the latest financial reports, Sunwave Communications Co Ltd (002115) has a cash flow conversion efficiency ratio of -0.059x 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¥-127.20 Million ≈ $-18.61 Million USD) by net assets (CN¥2.17 Billion ≈ $318.17 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 Sunwave Communications Co Ltd (002115) net asset quality to measure how much of total assets are equity-financed.

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

This chart illustrates how Sunwave Communications Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check 002115 operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.

Sunwave Communications Co Ltd Competitors by Cash Flow Conversion Efficiency

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

Company	Cash Flow Conversion Efficiency
Astec Industries Inc NASDAQ:ASTE	0.062x
Henan Zhongyuan Expressway Co Ltd SHG:600020	0.063x
Novavax Inc NASDAQ:NVAX	0.224x
Heidrick & Struggles International NASDAQ:HSII	0.264x
BioGaia AB (publ) ST:BIOG-B	0.050x
Carlsberg Brewery Malaysia Bhd KLSE:2836	0.636x
UTI Asset Management Company Limited NSE:UTIAMC	0.005x
Jiangsu Evergreen New Material Technology Inc. Co. A SHG:603125	N/A

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

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

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	CN¥2.16 Billion ≈ $315.40 Million	CN¥-136.28 Million ≈ $-19.94 Million	-0.063x	-201.29%
2024-12-31	CN¥2.18 Billion ≈ $319.05 Million	CN¥136.11 Million ≈ $19.92 Million	0.062x	-48.10%
2023-12-31	CN¥2.46 Billion ≈ $359.84 Million	CN¥295.77 Million ≈ $43.28 Million	0.120x	+1063.05%
2022-12-31	CN¥2.43 Billion ≈ $356.29 Million	CN¥-30.41 Million ≈ $-4.45 Million	-0.012x	-678.60%
2021-12-31	CN¥2.32 Billion ≈ $338.79 Million	CN¥5.00 Million ≈ $731.28K	0.002x	-99.17%
2020-12-31	CN¥2.57 Billion ≈ $375.50 Million	CN¥663.35 Million ≈ $97.07 Million	0.259x	-13.73%
2019-12-31	CN¥2.60 Billion ≈ $380.64 Million	CN¥779.43 Million ≈ $114.06 Million	0.300x	+1951.47%
2018-12-31	CN¥2.46 Billion ≈ $360.23 Million	CN¥-39.84 Million ≈ $-5.83 Million	-0.016x	-249.91%
2017-12-31	CN¥1.89 Billion ≈ $277.11 Million	CN¥20.44 Million ≈ $2.99 Million	0.011x	-92.04%
2016-12-31	CN¥988.06 Million ≈ $144.58 Million	CN¥134.07 Million ≈ $19.62 Million	0.136x	-45.87%
2015-12-31	CN¥969.73 Million ≈ $141.90 Million	CN¥243.08 Million ≈ $35.57 Million	0.251x	+174.77%
2014-12-31	CN¥960.07 Million ≈ $140.49 Million	CN¥87.59 Million ≈ $12.82 Million	0.091x	+1.38%
2013-12-31	CN¥945.20 Million ≈ $138.31 Million	CN¥85.05 Million ≈ $12.45 Million	0.090x	+90.87%
2012-12-31	CN¥1.13 Billion ≈ $164.66 Million	CN¥53.05 Million ≈ $7.76 Million	0.047x	+134.58%
2011-12-31	CN¥1.08 Billion ≈ $157.75 Million	CN¥21.67 Million ≈ $3.17 Million	0.020x	-81.23%
2010-12-31	CN¥794.46 Million ≈ $116.26 Million	CN¥85.06 Million ≈ $12.45 Million	0.107x	+392.87%
2009-12-31	CN¥702.47 Million ≈ $102.79 Million	CN¥-25.68 Million ≈ $-3.76 Million	-0.037x	-143.76%
2008-12-31	CN¥395.22 Million ≈ $57.83 Million	CN¥33.02 Million ≈ $4.83 Million	0.084x	+86.22%
2007-12-31	CN¥348.21 Million ≈ $50.95 Million	CN¥15.62 Million ≈ $2.29 Million	0.045x	-71.92%
2006-12-31	CN¥136.46 Million ≈ $19.97 Million	CN¥21.80 Million ≈ $3.19 Million	0.160x	-39.98%
2005-12-31	CN¥112.36 Million ≈ $16.44 Million	CN¥29.90 Million ≈ $4.38 Million	0.266x	+79.87%
2004-12-31	CN¥83.04 Million ≈ $12.15 Million	CN¥12.29 Million ≈ $1.80 Million	0.148x	+38.77%
2003-12-31	CN¥60.20 Million ≈ $8.81 Million	CN¥6.42 Million ≈ $939.16K	0.107x	--

About Sunwave Communications Co Ltd

SHE:002115 China Communication Equipment

Market Cap

$1.23 Billion

CN¥8.38 Billion CNY

Market Cap Rank

#7876 Global

#1716 in China

Share Price

CN¥10.33

Change (1 day)

-6.35%

52-Week Range

CN¥8.32 - CN¥19.59

All Time High

CN¥19.59