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.

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. Read Guangdong Haomei New Material Co Lt debt and liabilities for a breakdown of total debt and financial obligations.

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.

Company	Cash Flow Conversion Efficiency
Wuhan Fingu Electronic Technology Co Ltd SHE:002194	0.036x
Nuvoco Vistas Corporation Limited NSE:NUVOCO	0.064x
ATAI Life Sciences NV XETRA:9VC	-0.145x
Shanghai Hajime Advanced Material Technology Co. Ltd. SHE:301000	0.018x
Triumph Financial, Inc. NASDAQ:TFIN	0.027x
Nolato AB (publ) ST:NOLA-B	-0.080x
Yibin Tianyuan Group Co Ltd SHE:002386	0.021x
Bitfarms Ltd. NASDAQ:KEEL	-0.131x

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. For the full company profile with market capitalisation and key ratios, see 002988 stock market capitalisation.

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

$1.27 Billion

CN¥8.70 Billion CNY

Market Cap Rank

#8148 Global

#2100 in China

Share Price

CN¥34.82

Change (1 day)

-0.88%

52-Week Range

CN¥28.19 - CN¥50.12

All Time High

CN¥50.12