Suzhou Hengmingda Electronic Technology Co Ltd (002947) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Suzhou Hengmingda Electronic Technology Co Ltd (002947) 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¥131.98 Million ≈ $19.31 Million USD) by net assets (CN¥3.27 Billion ≈ $479.05 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Suzhou Hengmingda Electronic Technology balance sheet quality to measure how much of total assets are equity-financed.
Suzhou Hengmingda Electronic Technology Co Ltd - Cash Flow Conversion Efficiency Trend (2014–2024)
This chart illustrates how Suzhou Hengmingda Electronic Technology Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Suzhou Hengmingda Electronic Technology cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
Suzhou Hengmingda Electronic Technology Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Suzhou Hengmingda Electronic Technology Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Zhejiang Huace Film TV Co
SHE:300133
|
0.058x |
|
Beijing Dabeinong Technology Group Co Ltd
SHE:002385
|
0.050x |
|
Aecon Group Inc.
TO:ARE
|
0.062x |
|
Aluar Aluminio Argentino
BA:ALUA
|
0.051x |
|
Shenzhen Colibri Technologies Co Ltd
SHE:002957
|
0.026x |
|
Energi Mega Persada Tbk
JK:ENRG
|
0.094x |
|
Wisdom Marine Lines Co Ltd
TW:2637
|
0.055x |
|
CoCreation Grass Co Ltd
SHG:605099
|
0.002x |
Annual Cash Flow Conversion Efficiency for Suzhou Hengmingda Electronic Technology Co Ltd (2014–2024)
The table below shows the annual cash flow conversion efficiency of Suzhou Hengmingda Electronic Technology Co Ltd from 2014 to 2024. For the full company profile with market capitalisation and key ratios, see how much is Suzhou Hengmingda Electronic Technology worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥3.17 Billion ≈ $463.90 Million |
CN¥271.24 Million ≈ $39.69 Million |
0.086x | -32.64% |
| 2023-12-31 | CN¥2.10 Billion ≈ $307.80 Million |
CN¥267.18 Million ≈ $39.10 Million |
0.127x | +130.95% |
| 2022-12-31 | CN¥1.87 Billion ≈ $272.93 Million |
CN¥102.58 Million ≈ $15.01 Million |
0.055x | +311.49% |
| 2021-12-31 | CN¥1.72 Billion ≈ $252.09 Million |
CN¥-44.80 Million ≈ $-6.56 Million |
-0.026x | -123.31% |
| 2020-12-31 | CN¥1.28 Billion ≈ $187.51 Million |
CN¥142.96 Million ≈ $20.92 Million |
0.112x | -20.24% |
| 2019-12-31 | CN¥1.22 Billion ≈ $178.04 Million |
CN¥170.19 Million ≈ $24.90 Million |
0.140x | -41.48% |
| 2018-12-31 | CN¥548.92 Million ≈ $80.32 Million |
CN¥131.21 Million ≈ $19.20 Million |
0.239x | +9.56% |
| 2017-12-31 | CN¥422.91 Million ≈ $61.89 Million |
CN¥92.27 Million ≈ $13.50 Million |
0.218x | +524.74% |
| 2016-12-31 | CN¥180.76 Million ≈ $26.45 Million |
CN¥6.31 Million ≈ $923.73K |
0.035x | -92.63% |
| 2015-12-31 | CN¥202.53 Million ≈ $29.64 Million |
CN¥96.00 Million ≈ $14.05 Million |
0.474x | +114.15% |
| 2014-12-31 | CN¥208.88 Million ≈ $30.57 Million |
CN¥46.24 Million ≈ $6.77 Million |
0.221x | -- |
About Suzhou Hengmingda Electronic Technology Co Ltd
Suzhou Hengmingda Electronic Technology Co., Ltd. engages in the research and development, design, production, and sale of consumer electronics, communications, and new energy functional devices in China and internationally. It offers paste and fix, shielding, insulating, buffer, heat dissipation, dustproof, and protection functional devices. The company also provides consumer electronic protecti… Read more