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 002356 defensive interval ratio to measure how many days the company can operate on defensive assets alone.

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.

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
Adcock Ingram Holdings Limited JSE:AIP	0.091x
Shaanxi Baoguang Vacuum Electronic Apparatus Co Ltd SHG:600379	-0.069x
Zambal Spain Socimi SA MC:YZBL	0.008x
Zhejiang Meida Industrial Co Ltd SHE:002677	0.005x
Ironwood Pharmaceuticals Inc NASDAQ:IRWD	-0.024x
Anhui Landun Photoelectron Co Ltd SHE:300862	0.007x
SI-TECH Information Technology Co Ltd SHE:300608	-0.043x
Empresa Distribuidora y Comercializadora Norte Sociedad Anónima F:PWD1	0.025x

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 002356 market cap overview.

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

$583.31 Million

CN¥3.99 Billion CNY

Market Cap Rank

#11607 Global

#3327 in China

Share Price

CN¥3.04

Change (1 day)

-2.88%

52-Week Range

CN¥2.91 - CN¥4.71

All Time High

CN¥19.46