Guangdong Haomei New Material Co Lt (002988) - 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. See Guangdong Haomei New Material Co Lt (002988) net asset quality to measure how much of total assets are equity-financed.
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. Check Guangdong Haomei New Material Co Lt (002988) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
Ningbo Henghe Mould Co Ltd
SHE:300539
|
0.017x |
|
Shenzhen Cotran New Material Co Ltd Class A
SHE:300731
|
0.025x |
|
Manitou BF S.A.
PA:MTU
|
0.154x |
|
Admie Holding S.A
AT:ADMIE
|
0.048x |
|
Shenzhen Liande Automatic Equipment Co Ltd
SHE:300545
|
-0.012x |
|
AA Industrial Belting
SHG:603580
|
0.009x |
|
Winstek Semiconductor Co Ltd
TWO:3265
|
0.075x |
|
Zhang Jia Jie Tourism Group Co Ltd
SHE:000430
|
0.022x |
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 Guangdong Haomei New Material Co Lt (002988) total market value.
| 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
Guangdong Haomei New Materials Co.,Ltd researches, develops, manufactures and sells aluminum profiles in China. The company offers automotive lightweight materials, including anti-collision beams, battery trays, shock absorber brackets, power brackets, by-frames, and motor housing products. It also offers doors and windows systems; aluminum alloy building profiles; and industrial aluminum and for… Read more