Shenzhen Topraysolar Co Ltd Cash Flow Conversion Efficiency

Latest as of September 2025: 0.090x

Shenzhen Topraysolar Co Ltd cash flow conversion efficiency. 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.

Cash Flow Conversion Efficiency of Shenzhen Topraysolar Co Ltd (2004–2024)

Cash flow conversion efficiency of Shenzhen Topraysolar Co Ltd from 2004 to 2024. This chart illustrates how Shenzhen Topraysolar Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. View today's stock price for Shenzhen Topraysolar Co Ltd for real-time trading data and today's change.

Shenzhen Topraysolar Co Ltd Cash Flow Conversion Ratio Explained

Shenzhen Topraysolar Co Ltd cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.

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. Also see 002218 market cap for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
CyberPower Systems Inc TW:3617	0.073x
Jiangsu TongLin Electric Co.Ltd. SHE:301168	-0.007x
Bank Tabungan Negara Persero JK:BBTN	-0.282x
Samsung Fire And Marine Ins Pref KO:000815	0.080x
Himalaya Shipping Ltd OL:HSHP	0.114x
Ridley Corporation Ltd AU:RIC	0.154x
Shenzhen LeoKing Environmental Group Co. Ltd. A SHE:301305	N/A
Shouyao Holdings (Beijing) Co. Ltd. A SHG:688197	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. Review Shenzhen Topraysolar Co Ltd free cash flow generation to assess how much free cash flow the company generates relative to operating cash flow.

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

$703.02 Million

CN¥4.80 Billion CNY

Market Cap Rank

#10172 Global

#2629 in China

Share Price

CN¥3.40

Change (1 day)

+0.89%

52-Week Range

CN¥3.26 - CN¥7.96

All Time High

CN¥8.55