Shenzhen Haoningda Meters Co Ltd (002356) - Cash Flow Conversion Efficiency

Latest as of September 2025: -0.012x

Based on the latest financial reports, Shenzhen Haoningda Meters Co Ltd (002356) has a cash flow conversion efficiency ratio of -0.012x 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¥-8.82 Million ≈ $-1.29 Million USD) by net assets (CN¥722.61 Million ≈ $105.74 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 debt-free asset ratio of Shenzhen Haoningda Meters Co Ltd to measure how much of total assets are equity-financed.

Shenzhen Haoningda Meters Co Ltd - Cash Flow Conversion Efficiency Trend (2006–2024)

This chart illustrates how Shenzhen Haoningda Meters Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Shenzhen Haoningda Meters Co Ltd cash flow quality index to evaluate the quality of earnings relative to operating cash generation.

Shenzhen Haoningda Meters Co Ltd Competitors by Cash Flow Conversion Efficiency

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

Company	Cash Flow Conversion Efficiency
Wajax Corporation TO:WJX	0.026x
ZH.JIN.ENV.HLDG DL-00001 F:3UG	N/A
PVA TePla AG XETRA:TPE	0.002x
Stark Technology Inc TW:2480	0.235x
Contineum Therapeutics, Inc. Class A Common Stock NASDAQ:CTNM	-0.065x
Wuhan Langold Real Estate Co Ltd SHE:002305	-0.748x
Zhejiang Xinzhonggang Thermal Power Co Ltd SHG:605162	0.045x
CoinShares International Ltd ST:CS	-0.162x

Annual Cash Flow Conversion Efficiency for Shenzhen Haoningda Meters Co Ltd (2006–2024)

The table below shows the annual cash flow conversion efficiency of Shenzhen Haoningda Meters Co Ltd from 2006 to 2024. For the full company profile with market capitalisation and key ratios, see Shenzhen Haoningda Meters Co Ltd (002356) total market value.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CN¥633.57 Million ≈ $92.71 Million	CN¥-94.31 Million ≈ $-13.80 Million	-0.149x	-637.18%
2023-12-31	CN¥589.47 Million ≈ $86.26 Million	CN¥-11.90 Million ≈ $-1.74 Million	-0.020x	+41.87%
2022-12-31	CN¥616.77 Million ≈ $90.25 Million	CN¥-21.42 Million ≈ $-3.14 Million	-0.035x	-82.97%
2021-12-31	CN¥690.00 Million ≈ $100.97 Million	CN¥-13.10 Million ≈ $-1.92 Million	-0.019x	-53.28%
2020-12-31	CN¥-2.99 Billion ≈ $-437.81 Million	CN¥37.06 Million ≈ $5.42 Million	-0.012x	-64.61%
2019-12-31	CN¥-2.44 Billion ≈ $-357.52 Million	CN¥18.38 Million ≈ $2.69 Million	-0.008x	+99.90%
2018-12-31	CN¥48.10 Million ≈ $7.04 Million	CN¥-379.54 Million ≈ $-55.54 Million	-7.891x	-6814.87%
2017-12-31	CN¥2.19 Billion ≈ $319.79 Million	CN¥-249.38 Million ≈ $-36.49 Million	-0.114x	-511.80%
2016-12-31	CN¥1.89 Billion ≈ $275.95 Million	CN¥52.26 Million ≈ $7.65 Million	0.028x	+122.48%
2015-12-31	CN¥1.60 Billion ≈ $234.42 Million	CN¥-197.46 Million ≈ $-28.89 Million	-0.123x	-91.27%
2014-12-31	CN¥1.48 Billion ≈ $216.66 Million	CN¥-95.41 Million ≈ $-13.96 Million	-0.064x	-23.90%
2013-12-31	CN¥959.67 Million ≈ $140.43 Million	CN¥-49.91 Million ≈ $-7.30 Million	-0.052x	-44.57%
2012-12-31	CN¥959.64 Million ≈ $140.43 Million	CN¥-34.52 Million ≈ $-5.05 Million	-0.036x	-17.73%
2011-12-31	CN¥955.49 Million ≈ $139.82 Million	CN¥-29.20 Million ≈ $-4.27 Million	-0.031x	-214.87%
2010-12-31	CN¥934.11 Million ≈ $136.69 Million	CN¥24.85 Million ≈ $3.64 Million	0.027x	-90.15%
2009-12-31	CN¥264.38 Million ≈ $38.69 Million	CN¥71.39 Million ≈ $10.45 Million	0.270x	+463.40%
2008-12-31	CN¥209.74 Million ≈ $30.69 Million	CN¥10.05 Million ≈ $1.47 Million	0.048x	-85.17%
2007-12-31	CN¥177.98 Million ≈ $26.04 Million	CN¥57.53 Million ≈ $8.42 Million	0.323x	-46.11%
2006-12-31	CN¥122.88 Million ≈ $17.98 Million	CN¥73.70 Million ≈ $10.79 Million	0.600x	--

About Shenzhen Haoningda Meters Co Ltd

SHE:002356 China Electrical Equipment & Parts

Market Cap

$510.39 Million

CN¥3.49 Billion CNY

Market Cap Rank

#11969 Global

#3401 in China

Share Price

CN¥2.66

Change (1 day)

+2.31%

52-Week Range

CN¥2.48 - CN¥4.71

All Time High

CN¥19.46