Hes Technology Group (002963) - Cash Flow Conversion Efficiency

Latest 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 ≈ $10.02 Million USD) by net assets (CN¥1.29 Billion ≈ $189.24 Million USD). 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. Read debt load of Hes Technology Group for a breakdown of total debt and financial obligations.

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
Hoasen Group VN:HSG	-0.084x
Wanxiang Doneed Co Ltd SHG:600371	-0.012x
Guangzhou Improve Med Instrument SHE:300030	0.106x
Huida Sanitary Ware Co Ltd SHG:603385	0.035x
Fanli Digital Technology Co Ltd SHG:600228	-0.081x
Zhejiang East Crystal Electronic Co Ltd SHE:002199	0.016x
Fujian Jinsen Forestry Co Ltd SHE:002679	-0.009x
DAKOTA GOLD CORP. DL-001 F:RR6	N/A

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. For the full company profile with market capitalisation and key ratios, see how much is Hes Technology Group worth.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CN¥1.35 Billion ≈ $197.51 Million	CN¥-99.30 Million ≈ $-14.53 Million	-0.074x	-180.89%
2023-12-31	CN¥1.53 Billion ≈ $223.80 Million	CN¥139.10 Million ≈ $20.36 Million	0.091x	+183.25%
2022-12-31	CN¥1.51 Billion ≈ $220.86 Million	CN¥-164.89 Million ≈ $-24.13 Million	-0.109x	-373.95%
2021-12-31	CN¥1.67 Billion ≈ $243.69 Million	CN¥66.41 Million ≈ $9.72 Million	0.040x	+153.74%
2020-12-31	CN¥1.66 Billion ≈ $242.41 Million	CN¥-122.94 Million ≈ $-17.99 Million	-0.074x	-213.00%
2019-12-31	CN¥1.64 Billion ≈ $240.02 Million	CN¥107.73 Million ≈ $15.76 Million	0.066x	-15.80%
2018-12-31	CN¥623.64 Million ≈ $91.26 Million	CN¥48.65 Million ≈ $7.12 Million	0.078x	+128.55%
2017-12-31	CN¥452.83 Million ≈ $66.26 Million	CN¥15.45 Million ≈ $2.26 Million	0.034x	+113.65%
2016-12-31	CN¥267.60 Million ≈ $39.16 Million	CN¥-66.89 Million ≈ $-9.79 Million	-0.250x	-324.58%
2015-12-31	CN¥145.72 Million ≈ $21.32 Million	CN¥16.22 Million ≈ $2.37 Million	0.111x	--

About Hes Technology Group

SHE:002963 China Electronic Components

Market Cap

$376.24 Million

CN¥2.57 Billion CNY

Market Cap Rank

#13958 Global

#4393 in China

Share Price

CN¥17.10

Change (1 day)

-1.78%

52-Week Range

CN¥11.41 - CN¥19.17

All Time High

CN¥40.90