Guangdong Haomei New Material Co Lt Cash Flow Conversion Efficiency

Latest as of September 2025: 0.017x

Guangdong Haomei New Material Co Lt cash flow conversion efficiency. 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 market capitalisation for the company's overall valuation and market capitalisation.

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

Cash flow conversion efficiency of Guangdong Haomei New Material Co Lt from 2016 to 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. View 002988 stock price for real-time trading data and today's change.

Guangdong Haomei New Material Co Lt Cash Flow Conversion Ratio Explained

Guangdong Haomei New Material Co Lt cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.

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. Review Guangdong Haomei New Material Co Lt free cash flow ratio to assess how much free cash flow the company generates relative to operating cash flow.

Company	Cash Flow Conversion Efficiency
Medartis Holding AG SW:MED	0.019x
Banco Mercantil do Brasil S.A SA:BMEB3	0.170x
Chengdu CORPRO Technology Co Ltd SHE:300101	0.008x
Petkim Petrokimya Holding AS IS:PETKM	0.023x
MYT Netherlands Parent BV NYSE:MYTE	0.045x
FS Credit Opportunities Corp. NYSE:FSCO	N/A
Anhui Water Resources Development Co Ltd SHG:600502	0.018x
Nanjing Xinjiekou Department Store Co Ltd SHG:600682	0.009x

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. Also see Guangdong Haomei New Material Co Lt asset portfolio for a full breakdown of the balance sheet.

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

$1.04 Billion

CN¥7.09 Billion CNY

Market Cap Rank

#8493 Global

#1946 in China

Share Price

CN¥28.40

Change (1 day)

-1.53%

52-Week Range

CN¥18.94 - CN¥41.82

All Time High

CN¥50.12