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.

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. Read debt load of Shenzhen Topraysolar Co Ltd for a breakdown of total debt and financial obligations.

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
Hemnet Group AB ST:HEM	0.154x
Energizer Holdings Inc NYSE:ENR	1.058x
Day One Biopharmaceuticals Inc NASDAQ:DAWN	-0.013x
Nusantara Sawit Sejahtera JK:NSSS	0.079x
Henan Tong-Da Cable Co Ltd SHE:002560	0.103x
Macmahon Holdings Ltd AU:MAH	0.187x
Rio Tinto PLC LSE:RIO	0.112x
Hunan Warrant Pharmaceutical Co. Ltd. A SHG:688799	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

$1.13 Billion

CN¥7.72 Billion CNY

Market Cap Rank

#8598 Global

#2246 in China

Share Price

CN¥5.46

Change (1 day)

-2.67%

52-Week Range

CN¥3.07 - CN¥7.96

All Time High

CN¥8.55