Hes Technology Group
Haoersai Technology Group Corp., Ltd. designs, constructs, procures, operates, maintains, and sells lighting engineering products primarily in China. The company offers smart light poles that are applied to various scenarios, including smart communities, smart security, and smart parking; and smart city and town, digital village, smart parking and security, and smart sanitation solutions. It also… Read more
Hes Technology Group (002963) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: 0.053x
Based on the latest financial reports, Hes Technology Group (002963) has a cash flow conversion efficiency ratio of 0.053x 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¥68.47 Million) by net assets (CN¥1.29 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Hes Technology Group - Cash Flow Conversion Efficiency Trend (2015–2024)
This chart illustrates how Hes Technology Group's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Hes Technology Group Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Hes Technology Group ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
PowerCell Sweden AB (publ)
PINK:PCELF
|
0.016x |
|
Linc AB
ST:LINC
|
0.003x |
|
Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd.
SHE:301289
|
-0.003x |
|
TruBridge Inc.
NASDAQ:TBRG
|
0.075x |
|
PROTALIX BIOTHERAP.DL-01
F:PBDA
|
N/A |
|
Diamyd Medical AB (publ)
ST:DMYD-B
|
-0.189x |
|
Elicio Therapeutics Inc.
NASDAQ:ELTX
|
-2.905x |
|
Benchmark Metals Inc
V:CEI
|
0.029x |
Annual Cash Flow Conversion Efficiency for Hes Technology Group (2015–2024)
The table below shows the annual cash flow conversion efficiency of Hes Technology Group from 2015 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥1.35 Billion | CN¥-99.30 Million | -0.074x | -180.89% |
| 2023-12-31 | CN¥1.53 Billion | CN¥139.10 Million | 0.091x | +183.25% |
| 2022-12-31 | CN¥1.51 Billion | CN¥-164.89 Million | -0.109x | -373.95% |
| 2021-12-31 | CN¥1.67 Billion | CN¥66.41 Million | 0.040x | +153.74% |
| 2020-12-31 | CN¥1.66 Billion | CN¥-122.94 Million | -0.074x | -213.00% |
| 2019-12-31 | CN¥1.64 Billion | CN¥107.73 Million | 0.066x | -15.80% |
| 2018-12-31 | CN¥623.64 Million | CN¥48.65 Million | 0.078x | +128.55% |
| 2017-12-31 | CN¥452.83 Million | CN¥15.45 Million | 0.034x | +113.65% |
| 2016-12-31 | CN¥267.60 Million | CN¥-66.89 Million | -0.250x | -324.58% |
| 2015-12-31 | CN¥145.72 Million | CN¥16.22 Million | 0.111x | -- |