Shenzhen Topraysolar Co Ltd
SHENZHEN TOPRAYSOLAR Co.,Ltd. engages in research, development, production, and sale of solar chips and components in China. It also offers solar power supplies, application products, photovoltaic glass and brackets, and collector plates, as well as water heater systems; designs, installs, and sells, solar hot water projects, solar power station, and wind power projects. In addition, the company … Read more
Shenzhen Topraysolar Co Ltd (002218) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: 0.090x
Based on the latest financial reports, Shenzhen Topraysolar Co Ltd (002218) has a cash flow conversion efficiency ratio of 0.090x 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¥364.15 Million) by net assets (CN¥4.06 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Shenzhen Topraysolar Co Ltd - Cash Flow Conversion Efficiency Trend (2004–2024)
This chart illustrates how Shenzhen Topraysolar Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Shenzhen Topraysolar Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Shenzhen Topraysolar Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
GUD Holdings Limited
PINK:GUDHF
|
0.081x |
|
Huizhou China Eagle Electronic Technology Co Ltd
SHE:002579
|
0.090x |
|
Shandong Mining Machinery Group Co Ltd
SHE:002526
|
0.049x |
|
Sichuan Expressway Company Limited
F:EXF1
|
0.062x |
|
RENEWI LS 1
F:1K5A
|
N/A |
|
Senior plc
PINK:SNIRF
|
0.051x |
|
Xiamen Kingdomway Group Co
SHE:002626
|
0.040x |
|
LINEA DIRECTA A. EO-04
F:8I2
|
N/A |
Annual Cash Flow Conversion Efficiency for Shenzhen Topraysolar Co Ltd (2004–2024)
The table below shows the annual cash flow conversion efficiency of Shenzhen Topraysolar Co Ltd from 2004 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥4.19 Billion | CN¥164.56 Million | 0.039x | +97.26% |
| 2023-12-31 | CN¥4.20 Billion | CN¥83.71 Million | 0.020x | -82.40% |
| 2022-12-31 | CN¥4.24 Billion | CN¥479.53 Million | 0.113x | +200.54% |
| 2021-12-31 | CN¥4.23 Billion | CN¥159.42 Million | 0.038x | -70.43% |
| 2020-12-31 | CN¥3.09 Billion | CN¥394.23 Million | 0.127x | +15.34% |
| 2019-12-31 | CN¥2.96 Billion | CN¥327.17 Million | 0.110x | +368.98% |
| 2018-12-31 | CN¥2.88 Billion | CN¥67.92 Million | 0.024x | +46.78% |
| 2017-12-31 | CN¥2.83 Billion | CN¥45.48 Million | 0.016x | +32.41% |
| 2016-12-31 | CN¥2.70 Billion | CN¥32.78 Million | 0.012x | -16.95% |
| 2015-12-31 | CN¥2.61 Billion | CN¥38.06 Million | 0.015x | -85.64% |
| 2014-12-31 | CN¥1.40 Billion | CN¥142.69 Million | 0.102x | +293.72% |
| 2013-12-31 | CN¥1.44 Billion | CN¥-75.56 Million | -0.052x | -1036.33% |
| 2012-12-31 | CN¥1.43 Billion | CN¥-6.59 Million | -0.005x | +97.67% |
| 2011-12-31 | CN¥1.42 Billion | CN¥-281.74 Million | -0.198x | -448.56% |
| 2010-12-31 | CN¥790.29 Million | CN¥44.91 Million | 0.057x | -36.44% |
| 2009-12-31 | CN¥704.57 Million | CN¥63.00 Million | 0.089x | +204.51% |
| 2008-12-31 | CN¥676.03 Million | CN¥19.85 Million | 0.029x | -89.28% |
| 2007-12-31 | CN¥194.79 Million | CN¥53.35 Million | 0.274x | +14.80% |
| 2006-12-31 | CN¥140.45 Million | CN¥33.51 Million | 0.239x | -57.24% |
| 2005-12-31 | CN¥72.70 Million | CN¥40.56 Million | 0.558x | +88.64% |
| 2004-12-31 | CN¥31.17 Million | CN¥9.22 Million | 0.296x | -- |