Guangdong Haomei New Material Co Lt (002988) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.017x

Based on the latest financial reports, Guangdong Haomei New Material Co Lt (002988) has a cash flow conversion efficiency ratio of 0.017x 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¥44.97 Million ≈ $6.58 Million USD) by net assets (CN¥2.72 Billion ≈ $397.62 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 Guangdong Haomei New Material Co Lt stock valuation for the company's overall valuation and market capitalisation.

Guangdong Haomei New Material Co Lt - Cash Flow Conversion Efficiency Trend (2016–2024)

This chart illustrates how Guangdong Haomei New Material Co Lt's cash flow conversion efficiency has evolved over time, based on yearly financial data.

Guangdong Haomei New Material Co Lt Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Guangdong Haomei New Material Co Lt ranked by their cash flow conversion efficiency. Explore Guangdong Haomei New Material Co Lt (002988) cash flow quality to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
Newsmax, Inc. NYSE:NMAX	-0.212x
Storytel AB (publ) ST:STORY-B	0.099x
Shanghai Fortune Techgroup Co Ltd SHE:300493	0.105x
Bangkok Life Assurance Public Company Limited F:XBLA	-0.075x
Shenzhen Yanmade Technology Inc SHG:688312	0.022x
Metalla Royalty & Streaming Ltd V:MTA	0.008x
Fujian Furi Electronics Co Ltd SHG:600203	-0.035x
Hangzhou Zhongtai Cryogenic Technology Corp SHE:300435	0.067x

Annual Cash Flow Conversion Efficiency for Guangdong Haomei New Material Co Lt (2016–2024)

The table below shows the annual cash flow conversion efficiency of Guangdong Haomei New Material Co Lt from 2016 to 2024. View 002988 stock price for real-time trading data and today's change.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CN¥2.64 Billion ≈ $386.00 Million	CN¥219.64 Million ≈ $32.14 Million	0.083x	-22.00%
2023-12-31	CN¥2.53 Billion ≈ $370.57 Million	CN¥270.33 Million ≈ $39.56 Million	0.107x	+298.15%
2022-12-31	CN¥2.19 Billion ≈ $320.15 Million	CN¥-117.86 Million ≈ $-17.25 Million	-0.054x	+63.95%
2021-12-31	CN¥2.23 Billion ≈ $325.90 Million	CN¥-332.82 Million ≈ $-48.70 Million	-0.149x	-1663.35%
2020-12-31	CN¥2.12 Billion ≈ $310.43 Million	CN¥20.28 Million ≈ $2.97 Million	0.010x	-90.13%
2019-12-31	CN¥1.42 Billion ≈ $207.48 Million	CN¥137.27 Million ≈ $20.09 Million	0.097x	-3.44%
2018-12-31	CN¥1.25 Billion ≈ $182.87 Million	CN¥125.30 Million ≈ $18.34 Million	0.100x	-15.10%
2017-12-31	CN¥1.15 Billion ≈ $168.89 Million	CN¥136.30 Million ≈ $19.95 Million	0.118x	-34.68%
2016-12-31	CN¥932.81 Million ≈ $136.50 Million	CN¥168.64 Million ≈ $24.68 Million	0.181x	--

About Guangdong Haomei New Material Co Lt

SHE:002988 China Aluminum

Market Cap

$955.77 Million

CN¥6.53 Billion CNY

Market Cap Rank

#9181 Global

#2272 in China

Share Price

CN¥26.15

Change (1 day)

+7.39%

52-Week Range

CN¥18.94 - CN¥46.98

All Time High

CN¥50.12