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 defensive interval ratio to measure how many days the company can operate on defensive assets alone.

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.

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
PennyMac Mortgage Investment Trust NYSE:PMT	-0.688x
Warom Technology Inc Co SHG:603855	-0.016x
Corticeira Amorim LS:COR	0.036x
Yueyang Forest & Paper Co Ltd SHG:600963	-0.032x
Goosehead Insurance Inc NASDAQ:GSHD	-0.112x
Standard Lithium Ltd NYSE MKT:SLI	-0.016x
Luoniushan Co Ltd SHE:000735	0.012x
Shenyang Blue Silver Ind Auto SHE:300293	-0.053x

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 300048 market cap.

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

$886.62 Million

CN¥6.06 Billion CNY

Market Cap Rank

#9622 Global

#2546 in China

Share Price

CN¥5.37

Change (1 day)

+0.37%

52-Week Range

CN¥5.25 - CN¥8.32

All Time High

CN¥8.88