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. See Hes Technology Group defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Groupe Guillin SA
PA:ALGIL
|
0.100x |
|
Shanghai Information2 Software Inc. A
SHG:688435
|
N/A |
|
Guanhao Biotech Co Ltd
SHE:300238
|
0.038x |
|
Nawi Brothers Group Ltd
TA:NAWI
|
-0.714x |
|
Pacific Biosciences of California
NASDAQ:PACB
|
-18.889x |
|
Hualan Group Co Ltd
SHE:301027
|
0.124x |
|
Kumyang
KO:001570
|
0.000x |
|
Colony Bankcorp Inc.
NYSE:CBAN
|
0.143x |
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. 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 |
|---|---|---|---|---|
| 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 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