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.

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. Read Hangzhou Zhongheng Electric Co Ltd total liabilities for a breakdown of total debt and financial obligations.

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
Alliance Resource Partners LP NASDAQ:ARLP	0.077x
Impinj Inc NASDAQ:PI	0.072x
Alm. Brand CO:ALMB	-0.023x
Kadant Inc NYSE:KAI	0.054x
Guangzhou Zhujiang Brewery Co Ltd SHE:002461	0.053x
SJVN Limited NSE:SJVN	0.072x
SkyWest Inc NASDAQ:SKYW	0.084x
MERCARI INC. UNSP.ADR/1/2 F:6TP0	-0.048x

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

$3.36 Billion

CN¥22.99 Billion CNY

Market Cap Rank

#4600 Global

#841 in China

Share Price

CN¥40.79

Change (1 day)

+2.62%

52-Week Range

CN¥14.28 - CN¥44.16

All Time High

CN¥44.16