Guangdong HongDa Blasting Co Ltd (002683) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Guangdong HongDa Blasting Co Ltd (002683) has a cash flow conversion efficiency ratio of 0.001x 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¥11.84 Million ≈ $1.73 Million USD) by net assets (CN¥14.62 Billion ≈ $2.14 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Guangdong HongDa Blasting Co Ltd - Cash Flow Conversion Efficiency Trend (2005–2024)
This chart illustrates how Guangdong HongDa Blasting Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read Guangdong HongDa Blasting Co Ltd (002683) financial obligations for a breakdown of total debt and financial obligations.
Guangdong HongDa Blasting Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Guangdong HongDa Blasting Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Arcellx Inc
NASDAQ:ACLX
|
-0.112x |
|
JCDECAUX SE ADR 1/2/O.N.
F:DCS0
|
N/A |
|
Vietjet Aviation JSC
VN:VJC
|
0.062x |
|
Jiangsu Dingsheng New Material Joint-Stock Co Ltd
SHG:603876
|
0.012x |
|
Just Eat Takeaway
AS:TKWY
|
0.039x |
|
Xiamen C&D Inc
SHG:600153
|
-0.052x |
|
Zeta Global Holdings Corp
NYSE:ZETA
|
0.084x |
|
Hangzhou Lion Electronics Co Ltd
SHG:605358
|
0.029x |
Annual Cash Flow Conversion Efficiency for Guangdong HongDa Blasting Co Ltd (2005–2024)
The table below shows the annual cash flow conversion efficiency of Guangdong HongDa Blasting Co Ltd from 2005 to 2024. For the full company profile with market capitalisation and key ratios, see how much is Guangdong HongDa Blasting Co Ltd worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥7.81 Billion ≈ $1.14 Billion |
CN¥1.78 Billion ≈ $259.89 Million |
0.227x | +22.57% |
| 2023-12-31 | CN¥7.94 Billion ≈ $1.16 Billion |
CN¥1.47 Billion ≈ $215.64 Million |
0.185x | +48.43% |
| 2022-12-31 | CN¥7.13 Billion ≈ $1.04 Billion |
CN¥890.91 Million ≈ $130.37 Million |
0.125x | -34.16% |
| 2021-12-31 | CN¥6.75 Billion ≈ $987.52 Million |
CN¥1.28 Billion ≈ $187.43 Million |
0.190x | +9.53% |
| 2020-12-31 | CN¥5.82 Billion ≈ $851.58 Million |
CN¥1.01 Billion ≈ $147.56 Million |
0.173x | -21.47% |
| 2019-12-31 | CN¥3.72 Billion ≈ $543.89 Million |
CN¥820.18 Million ≈ $120.02 Million |
0.221x | +15.39% |
| 2018-12-31 | CN¥3.46 Billion ≈ $506.59 Million |
CN¥662.03 Million ≈ $96.88 Million |
0.191x | +57.91% |
| 2017-12-31 | CN¥3.28 Billion ≈ $479.67 Million |
CN¥396.96 Million ≈ $58.09 Million |
0.121x | +460.16% |
| 2016-12-31 | CN¥3.09 Billion ≈ $452.86 Million |
CN¥-104.06 Million ≈ $-15.23 Million |
-0.034x | +63.50% |
| 2015-12-31 | CN¥2.39 Billion ≈ $349.79 Million |
CN¥-220.21 Million ≈ $-32.22 Million |
-0.092x | -363.26% |
| 2014-12-31 | CN¥2.37 Billion ≈ $347.24 Million |
CN¥83.04 Million ≈ $12.15 Million |
0.035x | +1721.63% |
| 2013-12-31 | CN¥1.55 Billion ≈ $226.63 Million |
CN¥-3.34 Million ≈ $-489.04K |
-0.002x | +90.51% |
| 2012-12-31 | CN¥1.22 Billion ≈ $178.47 Million |
CN¥-27.74 Million ≈ $-4.06 Million |
-0.023x | -106.16% |
| 2011-12-31 | CN¥419.85 Million ≈ $61.44 Million |
CN¥155.09 Million ≈ $22.69 Million |
0.369x | +167.19% |
| 2010-12-31 | CN¥322.73 Million ≈ $47.23 Million |
CN¥44.62 Million ≈ $6.53 Million |
0.138x | -53.02% |
| 2009-12-31 | CN¥351.27 Million ≈ $51.40 Million |
CN¥103.37 Million ≈ $15.13 Million |
0.294x | -46.46% |
| 2007-12-31 | CN¥94.90 Million ≈ $13.89 Million |
CN¥52.16 Million ≈ $7.63 Million |
0.550x | +1015.91% |
| 2006-12-31 | CN¥101.51 Million ≈ $14.85 Million |
CN¥5.00 Million ≈ $731.69K |
0.049x | +138.25% |
| 2005-12-31 | CN¥67.95 Million ≈ $9.94 Million |
CN¥-8.75 Million ≈ $-1.28 Million |
-0.129x | -- |
About Guangdong HongDa Blasting Co Ltd
Guangdong Hongda Holdings Group Co., Ltd., together with its subsidiaries, provides mining and civil explosives services in China and internationally. It operates through three segments: Mining Engineering Services; Civil Blasting Equipment Production and Sales; and Defense Equipment Production. The company offers open-pit mining, underground mining, and mixed loading; and mining services, includ… Read more