Hangzhou Innover Technology Co Ltd (002767) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Hangzhou Innover Technology Co Ltd (002767) has a cash flow conversion efficiency ratio of 0.040x 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¥34.63 Million ≈ $5.07 Million USD) by net assets (CN¥857.51 Million ≈ $125.48 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 Innover Technology Co Ltd - Cash Flow Conversion Efficiency Trend (2011–2024)
This chart illustrates how Hangzhou Innover Technology Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read 002767 liabilities breakdown for a breakdown of total debt and financial obligations.
Hangzhou Innover Technology Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Hangzhou Innover Technology Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Bridge Investment Group Holdings Inc
NYSE:BRDG
|
0.059x |
|
Swarmer, Inc Common Stock
NASDAQ:SWMR
|
N/A |
|
Shanghai Kinlita Chemical Co
SHE:300225
|
0.028x |
|
Tieling Newcity Investment Holding Ltd
SHE:000809
|
-0.022x |
|
Falcon's Beyond Global, Inc. Class A Common Stock
NASDAQ:FBYD
|
-0.672x |
|
Banestes S.A - Banco do Estado do Espírito Santo
SA:BEES3
|
-1.747x |
|
Lux Industries Limited
NSE:LUXIND
|
-0.130x |
|
Pondy Oxides & Chemicals Limited
NSE:POCL
|
0.171x |
Annual Cash Flow Conversion Efficiency for Hangzhou Innover Technology Co Ltd (2011–2024)
The table below shows the annual cash flow conversion efficiency of Hangzhou Innover Technology Co Ltd from 2011 to 2024. For the full company profile with market capitalisation and key ratios, see 002767 market cap overview.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥840.50 Million ≈ $122.99 Million |
CN¥46.88 Million ≈ $6.86 Million |
0.056x | -56.19% |
| 2023-12-31 | CN¥815.64 Million ≈ $119.35 Million |
CN¥103.84 Million ≈ $15.19 Million |
0.127x | +629.37% |
| 2022-12-31 | CN¥808.99 Million ≈ $118.38 Million |
CN¥-19.46 Million ≈ $-2.85 Million |
-0.024x | +47.85% |
| 2021-12-31 | CN¥774.88 Million ≈ $113.39 Million |
CN¥-35.73 Million ≈ $-5.23 Million |
-0.046x | -300.66% |
| 2020-12-31 | CN¥754.56 Million ≈ $110.42 Million |
CN¥17.34 Million ≈ $2.54 Million |
0.023x | +292.04% |
| 2019-12-31 | CN¥739.66 Million ≈ $108.24 Million |
CN¥4.34 Million ≈ $634.47K |
0.006x | -66.97% |
| 2018-12-31 | CN¥714.82 Million ≈ $104.60 Million |
CN¥12.68 Million ≈ $1.86 Million |
0.018x | +83.52% |
| 2017-12-31 | CN¥695.09 Million ≈ $101.71 Million |
CN¥6.72 Million ≈ $983.49K |
0.010x | -84.33% |
| 2016-12-31 | CN¥666.09 Million ≈ $97.47 Million |
CN¥41.11 Million ≈ $6.02 Million |
0.062x | +6.63% |
| 2015-12-31 | CN¥615.42 Million ≈ $90.06 Million |
CN¥35.62 Million ≈ $5.21 Million |
0.058x | -64.62% |
| 2014-12-31 | CN¥292.23 Million ≈ $42.76 Million |
CN¥47.81 Million ≈ $7.00 Million |
0.164x | -10.60% |
| 2013-12-31 | CN¥265.61 Million ≈ $38.87 Million |
CN¥48.61 Million ≈ $7.11 Million |
0.183x | -19.05% |
| 2012-12-31 | CN¥227.95 Million ≈ $33.36 Million |
CN¥51.53 Million ≈ $7.54 Million |
0.226x | +46.91% |
| 2011-12-31 | CN¥208.02 Million ≈ $30.44 Million |
CN¥32.01 Million ≈ $4.68 Million |
0.154x | -- |
About Hangzhou Innover Technology Co Ltd
Hangzhou Innover Technology Co., Ltd. engages in the research, development, production, and sale of urban gas equipment and smart gas solutions in China and internationally. The company offers smart gas meter control devices, including IC card, wireless remote transmission, and industrial and commercial smart gas meters; and smart gas terminal products, such as ultrasonic and diaphragm gas meters… Read more