Shenzhen HeKeda Precision Cleaning Equipment Co Ltd Cash Flow Conversion Efficiency
Shenzhen HeKeda Precision Cleaning Equipment Co Ltd cash flow conversion efficiency. Based on the latest financial reports, Shenzhen HeKeda Precision Cleaning Equipment Co Ltd (002816) has a cash flow conversion efficiency ratio of -0.058x 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¥-13.82 Million ≈ $-2.02 Million USD) by net assets (CN¥237.06 Million ≈ $34.69 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of Shenzhen HeKeda Precision Cleaning Equipment Co Ltd (2011–2024)
Cash flow conversion efficiency of Shenzhen HeKeda Precision Cleaning Equipment Co Ltd from 2011 to 2024. This chart illustrates how Shenzhen HeKeda Precision Cleaning Equipment Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Shenzhen HeKeda Precision Cleaning Equip (002816) stock price for real-time trading data and today's change.
Shenzhen HeKeda Precision Cleaning Equipment Co Ltd Cash Flow Conversion Ratio Explained
Shenzhen HeKeda Precision Cleaning Equipment Co Ltd cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
Shenzhen HeKeda Precision Cleaning Equipment Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Shenzhen HeKeda Precision Cleaning Equipment Co Ltd ranked by their cash flow conversion efficiency. Also see 002816 market cap overview for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
FutureFuel Corp
NYSE:FF
|
-0.141x |
|
Ningbo Fubang
SHG:600768
|
-0.081x |
|
Pihlajalinna Oy
HE:PIHLIS
|
0.091x |
|
Dogan Burda Dergi Yayincilik ve Pazarlama AS
IS:DOBUR
|
0.164x |
|
Churchill Capital Corp X Class A Ordinary Shares
NASDAQ:CCCX
|
-0.003x |
|
SIGA Technologies Inc
NASDAQ:SIGA
|
0.000x |
|
Thye Ming Industrial Co Ltd
TW:9927
|
0.234x |
|
Wam Microcap Ltd
AU:WMI
|
0.033x |
Annual Cash Flow Conversion Efficiency for Shenzhen HeKeda Precision Cleaning Equipment Co Ltd (2011–2024)
The table below shows the annual cash flow conversion efficiency of Shenzhen HeKeda Precision Cleaning Equipment Co Ltd from 2011 to 2024. Review Shenzhen HeKeda Precision Cleaning Equip (002816) free cash flow to assess how much free cash flow the company generates relative to operating cash flow.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥231.88 Million ≈ $33.93 Million |
CN¥-24.18 Million ≈ $-3.54 Million |
-0.104x | +40.33% |
| 2023-12-31 | CN¥277.24 Million ≈ $40.57 Million |
CN¥-48.45 Million ≈ $-7.09 Million |
-0.175x | -166.90% |
| 2022-12-31 | CN¥338.09 Million ≈ $49.47 Million |
CN¥88.32 Million ≈ $12.92 Million |
0.261x | +230.26% |
| 2021-12-31 | CN¥419.16 Million ≈ $61.34 Million |
CN¥-84.06 Million ≈ $-12.30 Million |
-0.201x | -302.69% |
| 2020-12-31 | CN¥405.88 Million ≈ $59.39 Million |
CN¥40.16 Million ≈ $5.88 Million |
0.099x | +97.78% |
| 2019-12-31 | CN¥457.13 Million ≈ $66.89 Million |
CN¥22.87 Million ≈ $3.35 Million |
0.050x | +28.14% |
| 2018-12-31 | CN¥527.33 Million ≈ $77.16 Million |
CN¥20.59 Million ≈ $3.01 Million |
0.039x | +136.91% |
| 2017-12-31 | CN¥523.49 Million ≈ $76.60 Million |
CN¥-55.37 Million ≈ $-8.10 Million |
-0.106x | -88.67% |
| 2016-12-31 | CN¥512.33 Million ≈ $74.97 Million |
CN¥-28.72 Million ≈ $-4.20 Million |
-0.056x | -146.14% |
| 2015-12-31 | CN¥307.97 Million ≈ $45.07 Million |
CN¥37.42 Million ≈ $5.48 Million |
0.122x | +433.43% |
| 2014-12-31 | CN¥268.47 Million ≈ $39.29 Million |
CN¥6.12 Million ≈ $894.84K |
0.023x | +124.59% |
| 2013-12-31 | CN¥229.68 Million ≈ $33.61 Million |
CN¥-21.27 Million ≈ $-3.11 Million |
-0.093x | -181.31% |
| 2012-12-31 | CN¥190.22 Million ≈ $27.84 Million |
CN¥21.67 Million ≈ $3.17 Million |
0.114x | -34.65% |
| 2011-12-31 | CN¥98.17 Million ≈ $14.37 Million |
CN¥17.11 Million ≈ $2.50 Million |
0.174x | -- |
About Shenzhen HeKeda Precision Cleaning Equipment Co Ltd
Shenzhen HEKEDA Precision Cleaning Equipment Co., Ltd. engages in the research, development, production, and sale of precision cleaning equipment in China. Its products portfolio includes ultrasonic cleaning equipment, which include auto part, optical, electronic product, medical product, new energy, aerospace, cleaning, hydrocarbon cleaning, spray washing machine, and mixing cleaning machine ser… Read more