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

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. Explore how high is Shenzhen Topraysolar Co Ltd's earnings quality to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
FPT Digital Retail JSC VN:FRT	0.001x
Magazine Luiza S.A SA:MGLU3	0.400x
ADITYA VISION LTD NSE:AVL	0.197x
Nextool Technology Co. Ltd. A SHG:688419	N/A
Caina Technology Co. Ltd. SHE:301122	0.006x
Black Diamond Group Limited TO:BDI	0.040x
WEB Travel Group Ltd AU:WEB	0.020x
Lontium Semiconductor Corp. A SHG:688486	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. View 002218 stock price for real-time trading data and today's change.

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

$889.11 Million

CN¥6.08 Billion CNY

Market Cap Rank

#9477 Global

#2405 in China

Share Price

CN¥4.30

Change (1 day)

+0.23%

52-Week Range

CN¥3.43 - CN¥7.96

All Time High

CN¥8.55