Guangdong HongDa Blasting Co Ltd (002683) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.001x

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. See net asset quality index of Guangdong HongDa Blasting Co Ltd to measure how much of total assets are equity-financed.

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. Check Guangdong HongDa Blasting Co Ltd (002683) cash flow quality to evaluate the quality of earnings relative to operating cash generation.

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
Garden Reach Shipbuilders & Engineers Limited NSE:GRSE	-0.263x
United States Lime & Minerals Inc NASDAQ:USLM	0.072x
Shihlin Electric & Engineering Corp TW:1503	0.028x
Polaris Industries Inc NYSE:PII	0.213x
Weihai Guangwei Composites Co Ltd SHE:300699	-0.003x
DOF Group ASA OL:DOFG	0.005x
Cholamandalam Financial Holdings Limited NSE:CHOLAHLDNG	-0.369x
China International Marine Containers (Group) Co. Ltd F:OCM	0.009x

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 Guangdong HongDa Blasting Co Ltd market capitalisation.

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

SHE:002683 China Specialty Chemicals

Market Cap

$3.20 Billion

CN¥21.86 Billion CNY

Market Cap Rank

#4670 Global

#759 in China

Share Price

CN¥28.76

Change (1 day)

+2.57%

52-Week Range

CN¥25.43 - CN¥53.93

All Time High

CN¥61.33