Hiconics Drive Tech Co
Hiconics Eco-energy Technology Co., Ltd. engages in the industrial control, residential energy storage, and distributed PV EPC businesses in China and internationally. It operates through the Inverter, Photovoltaic EPC, Household Energy Storage, and Others segments. The company offers photovoltaic solutions, including residential, commercial, and industrial photovoltaic solutions; Midea PV grid-c… Read more
Hiconics Drive Tech Co (300048) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: 0.010x
Based on the latest financial reports, Hiconics Drive Tech Co (300048) has a cash flow conversion efficiency ratio of 0.010x 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¥19.56 Million) by net assets (CN¥1.91 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Hiconics Drive Tech Co - Cash Flow Conversion Efficiency Trend (2006–2024)
This chart illustrates how Hiconics Drive Tech Co's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Hiconics Drive Tech Co Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Hiconics Drive Tech Co ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Gujarat State Petronet Limited
NSE:GSPL
|
0.104x |
|
SIMMTECH Co. Ltd
KQ:222800
|
-0.092x |
|
Evolv Technologies Holdings Inc
NASDAQ:EVLV
|
0.034x |
|
Zee Entertainment Enterprises Limited
NSE:ZEEL
|
-0.002x |
|
Sino Wealth Electronic Ltd
SHE:300327
|
0.035x |
|
CareDx Inc
NASDAQ:CDNA
|
0.120x |
|
Corporación Interamericana de Entretenimiento S.A.B. de C.V
MX:CIEB
|
0.144x |
|
Teemsun Technology Co.,Ltd
SHE:301571
|
-0.070x |
Annual Cash Flow Conversion Efficiency for Hiconics Drive Tech Co (2006–2024)
The table below shows the annual cash flow conversion efficiency of Hiconics Drive Tech Co from 2006 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥1.76 Billion | CN¥306.11 Million | 0.174x | +142.34% |
| 2023-12-31 | CN¥1.72 Billion | CN¥123.54 Million | 0.072x | -18.67% |
| 2022-12-31 | CN¥1.90 Billion | CN¥167.96 Million | 0.088x | -27.62% |
| 2021-12-31 | CN¥1.83 Billion | CN¥222.66 Million | 0.122x | +49.70% |
| 2020-12-31 | CN¥1.64 Billion | CN¥133.80 Million | 0.081x | -36.91% |
| 2019-12-31 | CN¥2.33 Billion | CN¥299.96 Million | 0.129x | +155.75% |
| 2018-12-31 | CN¥2.34 Billion | CN¥118.16 Million | 0.050x | +295.41% |
| 2017-12-31 | CN¥2.64 Billion | CN¥-68.27 Million | -0.026x | -143.13% |
| 2016-12-31 | CN¥2.66 Billion | CN¥159.34 Million | 0.060x | +723.41% |
| 2015-12-31 | CN¥2.50 Billion | CN¥-23.99 Million | -0.010x | -374.05% |
| 2014-12-31 | CN¥1.68 Billion | CN¥5.88 Million | 0.004x | +119.04% |
| 2013-12-31 | CN¥1.51 Billion | CN¥-27.77 Million | -0.018x | -183.42% |
| 2012-12-31 | CN¥1.51 Billion | CN¥33.32 Million | 0.022x | +121.05% |
| 2011-12-31 | CN¥1.47 Billion | CN¥-154.23 Million | -0.105x | -315.41% |
| 2010-12-31 | CN¥1.34 Billion | CN¥-33.82 Million | -0.025x | -43.63% |
| 2009-12-31 | CN¥229.12 Million | CN¥-4.02 Million | -0.018x | +93.02% |
| 2008-12-31 | CN¥82.24 Million | CN¥-20.68 Million | -0.251x | +22.85% |
| 2007-12-31 | CN¥43.91 Million | CN¥-14.31 Million | -0.326x | +83.11% |
| 2006-12-31 | CN¥8.17 Million | CN¥-15.76 Million | -1.929x | -- |