Hangzhou Zhongheng Electric Co Ltd (002364) - Cash Flow Conversion Efficiency

Latest as of September 2025: -0.005x

Based on the latest financial reports, Hangzhou Zhongheng Electric Co Ltd (002364) has a cash flow conversion efficiency ratio of -0.005x 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¥-11.25 Million ≈ $-1.65 Million USD) by net assets (CN¥2.45 Billion ≈ $358.16 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 how leveraged is Hangzhou Zhongheng Electric Co Ltd's balance sheet to measure how much of total assets are equity-financed.

Hangzhou Zhongheng Electric Co Ltd - Cash Flow Conversion Efficiency Trend (2006–2024)

This chart illustrates how Hangzhou Zhongheng Electric Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check 002364 cash flow quality index to evaluate the quality of earnings relative to operating cash generation.

Hangzhou Zhongheng Electric Co Ltd Competitors by Cash Flow Conversion Efficiency

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

Company	Cash Flow Conversion Efficiency
Hyundai Motor Co. Ltd. Pfd. Series 1 KO:005385	-0.039x
Highwealth Construction Corp TW:2542	-0.019x
Angel One Limited NSE:ANGELONE	0.035x
Grenergy Renovables S.A MC:GRE	-0.041x
Himadri Speciality Chemical Limited NSE:HSCL	-0.020x
Ningbo Ronbay New Energy Tech Ltd SHG:688005	0.059x
Solusi Tunas Pratama Tbk JK:SUPR	0.174x
Teleperformance SE PA:TEP	0.220x

Annual Cash Flow Conversion Efficiency for Hangzhou Zhongheng Electric Co Ltd (2006–2024)

The table below shows the annual cash flow conversion efficiency of Hangzhou Zhongheng Electric Co Ltd from 2006 to 2024. For the full company profile with market capitalisation and key ratios, see Hangzhou Zhongheng Electric Co Ltd market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CN¥2.46 Billion ≈ $359.67 Million	CN¥468.47 Million ≈ $68.55 Million	0.191x	+87.54%
2023-12-31	CN¥2.33 Billion ≈ $341.02 Million	CN¥236.84 Million ≈ $34.66 Million	0.102x	+46.58%
2022-12-31	CN¥2.25 Billion ≈ $329.59 Million	CN¥156.16 Million ≈ $22.85 Million	0.069x	+1303.36%
2021-12-31	CN¥2.34 Billion ≈ $342.37 Million	CN¥11.56 Million ≈ $1.69 Million	0.005x	+354.81%
2020-12-31	CN¥2.23 Billion ≈ $326.72 Million	CN¥-4.33 Million ≈ $-633.47K	-0.002x	-121.73%
2019-12-31	CN¥2.16 Billion ≈ $315.91 Million	CN¥19.27 Million ≈ $2.82 Million	0.009x	-78.82%
2018-12-31	CN¥2.23 Billion ≈ $326.33 Million	CN¥93.96 Million ≈ $13.75 Million	0.042x	+2029.56%
2017-12-31	CN¥2.37 Billion ≈ $347.07 Million	CN¥4.69 Million ≈ $686.71K	0.002x	-96.19%
2016-12-31	CN¥2.40 Billion ≈ $350.53 Million	CN¥124.44 Million ≈ $18.21 Million	0.052x	+263.95%
2015-12-31	CN¥1.24 Billion ≈ $181.20 Million	CN¥17.67 Million ≈ $2.59 Million	0.014x	+353.82%
2014-12-31	CN¥961.54 Million ≈ $140.70 Million	CN¥-5.41 Million ≈ $-791.21K	-0.006x	+41.13%
2013-12-31	CN¥860.90 Million ≈ $125.98 Million	CN¥-8.22 Million ≈ $-1.20 Million	-0.010x	-126.63%
2012-12-31	CN¥785.26 Million ≈ $114.91 Million	CN¥28.17 Million ≈ $4.12 Million	0.036x	-54.08%
2011-12-31	CN¥596.17 Million ≈ $87.24 Million	CN¥46.57 Million ≈ $6.81 Million	0.078x	+127.10%
2010-12-31	CN¥561.72 Million ≈ $82.20 Million	CN¥19.32 Million ≈ $2.83 Million	0.034x	+160.36%
2009-12-31	CN¥188.73 Million ≈ $27.62 Million	CN¥-10.76 Million ≈ $-1.57 Million	-0.057x	-162.22%
2008-12-31	CN¥147.65 Million ≈ $21.61 Million	CN¥13.52 Million ≈ $1.98 Million	0.092x	-81.17%
2007-12-31	CN¥115.73 Million ≈ $16.93 Million	CN¥56.28 Million ≈ $8.24 Million	0.486x	+1954.29%
2006-12-31	CN¥95.72 Million ≈ $14.01 Million	CN¥2.27 Million ≈ $331.59K	0.024x	--

About Hangzhou Zhongheng Electric Co Ltd

SHE:002364 China Electrical Equipment & Parts

Market Cap

$2.93 Billion

CN¥20.00 Billion CNY

Market Cap Rank

#4909 Global

#814 in China

Share Price

CN¥35.48

Change (1 day)

+3.74%

52-Week Range

CN¥16.46 - CN¥59.15

All Time High

CN¥59.15