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.
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. Read Suzhou Hengmingda Electronic Technology (002947) total liabilities for a breakdown of total debt and financial obligations.
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 |
|---|---|
|
Simmons First National Corporation
NASDAQ:SFNC
|
0.034x |
|
Caida Securities Co Ltd
SHG:600906
|
0.029x |
|
Hunan Changyuan Lico Co Ltd
SHG:688779
|
0.049x |
|
ZIM Integrated Shipping Services Ltd.
F:2SV
|
0.156x |
|
Helmerich and Payne Inc
NYSE:HP
|
0.073x |
|
Aerospace Auto
SHG:600151
|
0.024x |
|
Quectel Wireless Solutions Co Ltd
SHG:603236
|
0.002x |
|
PENNON GROUP PLC UNS.ADR2
F:3PN0
|
N/A |
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 002947 company net 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