Dongguan Aohai Technology Co (002993) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.066x

Based on the latest financial reports, Dongguan Aohai Technology Co (002993) has a cash flow conversion efficiency ratio of 0.066x 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¥334.57 Million ≈ $48.96 Million USD) by net assets (CN¥5.08 Billion ≈ $742.85 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 Dongguan Aohai Technology Co balance sheet independence to measure how much of total assets are equity-financed.

Dongguan Aohai Technology Co - Cash Flow Conversion Efficiency Trend (2016–2025)

This chart illustrates how Dongguan Aohai Technology Co's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Dongguan Aohai Technology Co (002993) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.

Dongguan Aohai Technology Co Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Dongguan Aohai Technology Co ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
ProPetro Holding Corp NYSE:PUMP	0.003x
TianJin 712 Communication & Broadcasting Co Ltd SHG:603712	-0.055x
Sichuan Furong Technology Co Ltd SHG:603327	-0.013x
Hunan Valin Wire & Cable Co Ltd SHE:001208	-0.004x
Adecoagro SA NYSE:AGRO	-0.001x
Anhui Andeli Department Store Co Ltd SHG:603031	0.085x
Olaplex Holdings Inc NASDAQ:OLPX	0.009x
Biohaven Pharmaceutical Holding Co Ltd NYSE:BHVN	-1.158x

Annual Cash Flow Conversion Efficiency for Dongguan Aohai Technology Co (2016–2025)

The table below shows the annual cash flow conversion efficiency of Dongguan Aohai Technology Co from 2016 to 2025. For the full company profile with market capitalisation and key ratios, see 002993 market cap.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	CN¥4.98 Billion ≈ $728.50 Million	CN¥1.01 Billion ≈ $148.21 Million	0.203x	+105.11%
2024-12-31	CN¥5.01 Billion ≈ $733.16 Million	CN¥496.97 Million ≈ $72.72 Million	0.099x	-22.05%
2023-12-31	CN¥4.86 Billion ≈ $711.34 Million	CN¥618.53 Million ≈ $90.51 Million	0.127x	-6.88%
2022-12-31	CN¥4.62 Billion ≈ $676.59 Million	CN¥631.79 Million ≈ $92.45 Million	0.137x	-4.33%
2021-12-31	CN¥2.50 Billion ≈ $365.81 Million	CN¥357.04 Million ≈ $52.25 Million	0.143x	-50.67%
2020-12-31	CN¥2.22 Billion ≈ $324.30 Million	CN¥641.66 Million ≈ $93.89 Million	0.290x	-25.50%
2019-12-31	CN¥784.42 Million ≈ $114.79 Million	CN¥304.85 Million ≈ $44.61 Million	0.389x	+57.10%
2018-12-31	CN¥560.67 Million ≈ $82.04 Million	CN¥138.70 Million ≈ $20.30 Million	0.247x	-10.26%
2017-12-31	CN¥447.29 Million ≈ $65.45 Million	CN¥123.31 Million ≈ $18.04 Million	0.276x	-24.52%
2016-12-31	CN¥407.26 Million ≈ $59.60 Million	CN¥148.74 Million ≈ $21.76 Million	0.365x	--

About Dongguan Aohai Technology Co

SHE:002993 China Electrical Equipment & Parts

Market Cap

$1.37 Billion

CN¥9.35 Billion CNY

Market Cap Rank

#7499 Global

#1624 in China

Share Price

CN¥33.87

Change (1 day)

-1.43%

52-Week Range

CN¥33.25 - CN¥72.60

All Time High

CN¥77.14