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 days of operational coverage to measure how many days the company can operate on defensive assets alone.

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.

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
BW Offshore Ltd OL:BWO	0.266x
Barrett Business Services Inc NASDAQ:BBSI	0.160x
Destiny Tech100 Inc. NYSE:DXYZ	-0.023x
InMode Ltd NASDAQ:INMD	0.033x
Yangmei Chemical Co Ltd SHG:600691	-0.013x
Republic Airways Holdings Inc NASDAQ:RJET	0.043x
BW OFFSHORE LTD. DL 050 F:XY81	0.083x
HELIA GROUP LTD. F:0GI0	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. For the full company profile with market capitalisation and key ratios, see 002218 stock market capitalisation.

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

$845.69 Million

CN¥5.78 Billion CNY

Market Cap Rank

#9807 Global

#2606 in China

Share Price

CN¥4.09

Change (1 day)

-3.99%

52-Week Range

CN¥3.11 - CN¥7.96

All Time High

CN¥8.55