Hiconics Drive Tech Co (300048) - Cash Flow Conversion Efficiency

Latest 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 ≈ $2.86 Million USD) by net assets (CN¥1.91 Billion ≈ $279.62 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 Hiconics Drive Tech Co net asset quality index to measure how much of total assets are equity-financed.

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. Check 300048 cash to earnings ratio to evaluate the quality of earnings relative to operating cash generation.

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
Hengerda New Materials (Fujian) Co. Ltd. SHE:300946	N/A
CNB Financial Corporation NASDAQ:CCNE	0.008x
Mingyue Optical Lens Co.Ltd. SHE:301101	N/A
Talant Optronics (Suzhou) Co. Ltd. SHE:301045	N/A
Shanghai Geoharbour Construction Group Co Ltd SHG:605598	0.032x
Svenska Handelsbanken AB (publ) ST:SHB-B	0.672x
Shanghai Haohai Biological Tech Co SHG:688366	0.019x
Yuanta Futures Co Ltd TWO:6023	0.030x

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. For the full company profile with market capitalisation and key ratios, see market cap of Hiconics Drive Tech Co.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CN¥1.76 Billion ≈ $257.76 Million	CN¥306.11 Million ≈ $44.79 Million	0.174x	+142.34%
2023-12-31	CN¥1.72 Billion ≈ $252.09 Million	CN¥123.54 Million ≈ $18.08 Million	0.072x	-18.67%
2022-12-31	CN¥1.90 Billion ≈ $278.74 Million	CN¥167.96 Million ≈ $24.58 Million	0.088x	-27.62%
2021-12-31	CN¥1.83 Billion ≈ $267.46 Million	CN¥222.66 Million ≈ $32.58 Million	0.122x	+49.70%
2020-12-31	CN¥1.64 Billion ≈ $240.59 Million	CN¥133.80 Million ≈ $19.58 Million	0.081x	-36.91%
2019-12-31	CN¥2.33 Billion ≈ $340.27 Million	CN¥299.96 Million ≈ $43.89 Million	0.129x	+155.75%
2018-12-31	CN¥2.34 Billion ≈ $342.81 Million	CN¥118.16 Million ≈ $17.29 Million	0.050x	+295.41%
2017-12-31	CN¥2.64 Billion ≈ $387.05 Million	CN¥-68.27 Million ≈ $-9.99 Million	-0.026x	-143.13%
2016-12-31	CN¥2.66 Billion ≈ $389.64 Million	CN¥159.34 Million ≈ $23.32 Million	0.060x	+723.41%
2015-12-31	CN¥2.50 Billion ≈ $365.74 Million	CN¥-23.99 Million ≈ $-3.51 Million	-0.010x	-374.05%
2014-12-31	CN¥1.68 Billion ≈ $245.61 Million	CN¥5.88 Million ≈ $860.30K	0.004x	+119.04%
2013-12-31	CN¥1.51 Billion ≈ $220.91 Million	CN¥-27.77 Million ≈ $-4.06 Million	-0.018x	-183.42%
2012-12-31	CN¥1.51 Billion ≈ $221.11 Million	CN¥33.32 Million ≈ $4.88 Million	0.022x	+121.05%
2011-12-31	CN¥1.47 Billion ≈ $215.47 Million	CN¥-154.23 Million ≈ $-22.57 Million	-0.105x	-315.41%
2010-12-31	CN¥1.34 Billion ≈ $196.28 Million	CN¥-33.82 Million ≈ $-4.95 Million	-0.025x	-43.63%
2009-12-31	CN¥229.12 Million ≈ $33.53 Million	CN¥-4.02 Million ≈ $-588.56K	-0.018x	+93.02%
2008-12-31	CN¥82.24 Million ≈ $12.03 Million	CN¥-20.68 Million ≈ $-3.03 Million	-0.251x	+22.85%
2007-12-31	CN¥43.91 Million ≈ $6.43 Million	CN¥-14.31 Million ≈ $-2.09 Million	-0.326x	+83.11%
2006-12-31	CN¥8.17 Million ≈ $1.20 Million	CN¥-15.76 Million ≈ $-2.31 Million	-1.929x	--

About Hiconics Drive Tech Co

SHE:300048 China Electrical Equipment & Parts

Market Cap

$883.31 Million

CN¥6.04 Billion CNY

Market Cap Rank

#9280 Global

#2284 in China

Share Price

CN¥5.35

Change (1 day)

+5.94%

52-Week Range

CN¥4.52 - CN¥8.32

All Time High

CN¥8.88