Hongbo Co Ltd (002229) - Cash Flow Conversion Efficiency

Latest as of September 2025: -0.016x

Based on the latest financial reports, Hongbo Co Ltd (002229) has a cash flow conversion efficiency ratio of -0.016x 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¥-21.84 Million ≈ $-3.20 Million USD) by net assets (CN¥1.36 Billion ≈ $198.68 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Hongbo Co Ltd - Cash Flow Conversion Efficiency Trend (2005–2024)

This chart illustrates how Hongbo Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read total liabilities of Hongbo Co Ltd for a breakdown of total debt and financial obligations.

Hongbo Co Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Hongbo Co Ltd ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Nationwide Building Society LSE:NBS	0.224x
Guangzhou Pearl River Piano Group Co Ltd SHE:002678	-0.021x
FGV Holdings Bhd KLSE:5222	0.039x
Wuxi Xinhongtai ElecTech SHG:603016	0.034x
Hiecise Precision Equipment Co Ltd SHE:300809	0.040x
Zhejiang Guyuelongshan Shaoxing Wine Co Ltd SHG:600059	-0.006x
Under Armour Inc A NYSE:UAA	0.194x
Global Industrial Co NYSE:GIC	0.072x

Annual Cash Flow Conversion Efficiency for Hongbo Co Ltd (2005–2024)

The table below shows the annual cash flow conversion efficiency of Hongbo Co Ltd from 2005 to 2024. For the full company profile with market capitalisation and key ratios, see Hongbo Co Ltd (002229) market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CN¥1.34 Billion ≈ $196.78 Million	CN¥13.08 Million ≈ $1.91 Million	0.010x	-54.15%
2023-12-31	CN¥1.66 Billion ≈ $243.14 Million	CN¥35.24 Million ≈ $5.16 Million	0.021x	+27.09%
2022-12-31	CN¥1.72 Billion ≈ $251.91 Million	CN¥28.73 Million ≈ $4.20 Million	0.017x	+254.63%
2021-12-31	CN¥1.78 Billion ≈ $261.02 Million	CN¥8.39 Million ≈ $1.23 Million	0.005x	-91.20%
2020-12-31	CN¥1.78 Billion ≈ $259.81 Million	CN¥94.92 Million ≈ $13.89 Million	0.053x	+65.25%
2019-12-31	CN¥1.79 Billion ≈ $262.57 Million	CN¥58.05 Million ≈ $8.49 Million	0.032x	-65.85%
2018-12-31	CN¥1.70 Billion ≈ $248.38 Million	CN¥160.81 Million ≈ $23.53 Million	0.095x	+146.29%
2017-12-31	CN¥1.76 Billion ≈ $257.87 Million	CN¥67.78 Million ≈ $9.92 Million	0.038x	-44.44%
2016-12-31	CN¥1.83 Billion ≈ $268.11 Million	CN¥126.85 Million ≈ $18.56 Million	0.069x	-28.00%
2015-12-31	CN¥1.05 Billion ≈ $153.17 Million	CN¥100.65 Million ≈ $14.73 Million	0.096x	+319.12%
2014-12-31	CN¥908.22 Million ≈ $132.90 Million	CN¥20.84 Million ≈ $3.05 Million	0.023x	-83.02%
2013-12-31	CN¥889.84 Million ≈ $130.21 Million	CN¥120.21 Million ≈ $17.59 Million	0.135x	+155.22%
2012-12-31	CN¥856.69 Million ≈ $125.36 Million	CN¥45.35 Million ≈ $6.64 Million	0.053x	+25.20%
2011-12-31	CN¥844.95 Million ≈ $123.64 Million	CN¥35.72 Million ≈ $5.23 Million	0.042x	-61.83%
2010-12-31	CN¥545.17 Million ≈ $79.78 Million	CN¥60.38 Million ≈ $8.84 Million	0.111x	+13.78%
2009-12-31	CN¥473.68 Million ≈ $69.31 Million	CN¥46.11 Million ≈ $6.75 Million	0.097x	-34.01%
2008-12-31	CN¥445.34 Million ≈ $65.17 Million	CN¥65.70 Million ≈ $9.61 Million	0.148x	-48.42%
2007-12-31	CN¥154.52 Million ≈ $22.61 Million	CN¥44.19 Million ≈ $6.47 Million	0.286x	-39.93%
2006-12-31	CN¥123.13 Million ≈ $18.02 Million	CN¥58.62 Million ≈ $8.58 Million	0.476x	+21.93%
2005-12-31	CN¥101.62 Million ≈ $14.87 Million	CN¥39.68 Million ≈ $5.81 Million	0.390x	--

About Hongbo Co Ltd

SHE:002229 China Specialty Business Services

Market Cap

$1.19 Billion

CN¥8.13 Billion CNY

Market Cap Rank

#8365 Global

#2148 in China

Share Price

CN¥16.39

Change (1 day)

+1.86%

52-Week Range

CN¥14.88 - CN¥23.85

All Time High

CN¥45.29