Hes Technology Group (002963) - Cash Flow Conversion Efficiency
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. Also see market value of Hes Technology Group for the company's overall valuation and market capitalisation.
Hes Technology Group - Cash Flow Conversion Efficiency Trend (2015–2025)
This chart illustrates how Hes Technology Group's cash flow conversion efficiency has evolved over time, based on yearly financial data.
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. Explore Hes Technology Group cash earnings quality to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Sichuan Shengda Forestry Industry Co Ltd
SHE:002259
|
0.164x |
|
QUADIENT SA ADR1/15/EO 1
F:NEQ0
|
N/A |
|
Djurslands Bank
CO:DJUR
|
0.002x |
|
Apogee Optocom Co Ltd
TW:6426
|
0.021x |
|
Tongqinglou Dining Co Ltd
SHG:605108
|
N/A |
|
Shanghai Hollywave Electronic System Co. Ltd. A
SHG:688682
|
-0.012x |
|
Capex S.A
BA:CAPX
|
0.012x |
|
Rongfeng Holding Group
SHE:000668
|
-0.065x |
Annual Cash Flow Conversion Efficiency for Hes Technology Group (2015–2025)
The table below shows the annual cash flow conversion efficiency of Hes Technology Group from 2015 to 2025. View Hes Technology Group stock price for real-time trading data and today's change.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | CN¥1.19 Billion ≈ $174.33 Million |
CN¥102.90 Million ≈ $15.06 Million |
0.086x | +217.41% |
| 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
Haoersai Technology Group Corp., Ltd. designs, constructs, procures, operates, maintains, and sells lighting engineering products in China. The company offers smart light poles that are applied to various scenarios, including national events, landmark buildings, super high-rise buildings, gyms, city renovation, municipal roads and bridges, interior space, and health lighting; and smart tourism in… Read more