Shenzhen Topraysolar Co Ltd (002218) - Cash Flow Conversion Efficiency

Latest 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 ≈ $53.29 Million USD) by net assets (CN¥4.06 Billion ≈ $593.74 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 002218 equity financing ratio to measure how much of total assets are equity-financed.

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. Check 002218 operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.

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
Suzhou Keda Technology Co Ltd SHG:603660	-0.011x
China West Construction Group Co Ltd SHE:002302	-0.013x
Beijing SuperMap Software Co Ltd SHE:300036	-0.001x
Sagicor Financial Company TO:SFC	0.295x
Highpeak Energy Acquisition Corp NASDAQ:HPK	0.037x
Synektik S.A. WAR:SNT	0.376x
MAHLE Metal Leve S.A SA:LEVE3	-0.025x
Beijing E Hualu Info Tech SHE:300212	-0.019x

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. For the full company profile with market capitalisation and key ratios, see Shenzhen Topraysolar Co Ltd (002218) total market value.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CN¥4.19 Billion ≈ $612.51 Million	CN¥164.56 Million ≈ $24.08 Million	0.039x	+97.26%
2023-12-31	CN¥4.20 Billion ≈ $614.65 Million	CN¥83.71 Million ≈ $12.25 Million	0.020x	-82.40%
2022-12-31	CN¥4.24 Billion ≈ $619.75 Million	CN¥479.53 Million ≈ $70.17 Million	0.113x	+200.54%
2021-12-31	CN¥4.23 Billion ≈ $619.19 Million	CN¥159.42 Million ≈ $23.33 Million	0.038x	-70.43%
2020-12-31	CN¥3.09 Billion ≈ $452.72 Million	CN¥394.23 Million ≈ $57.69 Million	0.127x	+15.34%
2019-12-31	CN¥2.96 Billion ≈ $433.34 Million	CN¥327.17 Million ≈ $47.88 Million	0.110x	+368.98%
2018-12-31	CN¥2.88 Billion ≈ $421.91 Million	CN¥67.92 Million ≈ $9.94 Million	0.024x	+46.78%
2017-12-31	CN¥2.83 Billion ≈ $414.64 Million	CN¥45.48 Million ≈ $6.65 Million	0.016x	+32.41%
2016-12-31	CN¥2.70 Billion ≈ $395.66 Million	CN¥32.78 Million ≈ $4.80 Million	0.012x	-16.95%
2015-12-31	CN¥2.61 Billion ≈ $381.55 Million	CN¥38.06 Million ≈ $5.57 Million	0.015x	-85.64%
2014-12-31	CN¥1.40 Billion ≈ $205.35 Million	CN¥142.69 Million ≈ $20.88 Million	0.102x	+293.72%
2013-12-31	CN¥1.44 Billion ≈ $210.65 Million	CN¥-75.56 Million ≈ $-11.06 Million	-0.052x	-1036.33%
2012-12-31	CN¥1.43 Billion ≈ $208.83 Million	CN¥-6.59 Million ≈ $-964.58K	-0.005x	+97.67%
2011-12-31	CN¥1.42 Billion ≈ $208.14 Million	CN¥-281.74 Million ≈ $-41.23 Million	-0.198x	-448.56%
2010-12-31	CN¥790.29 Million ≈ $115.64 Million	CN¥44.91 Million ≈ $6.57 Million	0.057x	-36.44%
2009-12-31	CN¥704.57 Million ≈ $103.10 Million	CN¥63.00 Million ≈ $9.22 Million	0.089x	+204.51%
2008-12-31	CN¥676.03 Million ≈ $98.92 Million	CN¥19.85 Million ≈ $2.90 Million	0.029x	-89.28%
2007-12-31	CN¥194.79 Million ≈ $28.50 Million	CN¥53.35 Million ≈ $7.81 Million	0.274x	+14.80%
2006-12-31	CN¥140.45 Million ≈ $20.55 Million	CN¥33.51 Million ≈ $4.90 Million	0.239x	-57.24%
2005-12-31	CN¥72.70 Million ≈ $10.64 Million	CN¥40.56 Million ≈ $5.94 Million	0.558x	+88.64%
2004-12-31	CN¥31.17 Million ≈ $4.56 Million	CN¥9.22 Million ≈ $1.35 Million	0.296x	--

About Shenzhen Topraysolar Co Ltd

SHE:002218 China Solar

Market Cap

$864.30 Million

CN¥5.91 Billion CNY

Market Cap Rank

#9502 Global

#2389 in China

Share Price

CN¥4.18

Change (1 day)

+0.72%

52-Week Range

CN¥3.43 - CN¥7.96

All Time High

CN¥8.55