Shenzhen Inovance Tech (300124) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.025x

Based on the latest financial reports, Shenzhen Inovance Tech (300124) has a cash flow conversion efficiency ratio of 0.025x 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¥892.64 Million ≈ $130.62 Million USD) by net assets (CN¥36.10 Billion ≈ $5.28 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Shenzhen Inovance Tech balance sheet independence to measure how much of total assets are equity-financed.

Shenzhen Inovance Tech - Cash Flow Conversion Efficiency Trend (2007–2024)

This chart illustrates how Shenzhen Inovance Tech's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check cash flow quality index of Shenzhen Inovance Tech to evaluate the quality of earnings relative to operating cash generation.

Shenzhen Inovance Tech Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Shenzhen Inovance Tech ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Credicorp Ltd MX:BAPN	-0.020x
Dassault Systèmes SE F:DSY	0.103x
Sany Heavy Industry Co Ltd SHG:600031	0.076x
Swiss Life Holding AG F:SLW1	-0.090x
Sika AG SW:SIKA	0.047x
ORSTED UNSP.ADR 1/3 DK 10 F:D2G1	0.043x
Veolia Environnement VE SA PA:VIE	0.358x
Hydro One Ltd TO:H	0.068x

Annual Cash Flow Conversion Efficiency for Shenzhen Inovance Tech (2007–2024)

The table below shows the annual cash flow conversion efficiency of Shenzhen Inovance Tech from 2007 to 2024. For the full company profile with market capitalisation and key ratios, see 300124 market cap.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CN¥28.43 Billion ≈ $4.16 Billion	CN¥7.20 Billion ≈ $1.05 Billion	0.253x	+87.90%
2023-12-31	CN¥25.00 Billion ≈ $3.66 Billion	CN¥3.37 Billion ≈ $493.12 Million	0.135x	-15.31%
2022-12-31	CN¥20.11 Billion ≈ $2.94 Billion	CN¥3.20 Billion ≈ $468.38 Million	0.159x	+47.16%
2021-12-31	CN¥16.33 Billion ≈ $2.39 Billion	CN¥1.77 Billion ≈ $258.42 Million	0.108x	-18.81%
2020-12-31	CN¥11.02 Billion ≈ $1.61 Billion	CN¥1.47 Billion ≈ $214.72 Million	0.133x	-12.55%
2019-12-31	CN¥8.94 Billion ≈ $1.31 Billion	CN¥1.36 Billion ≈ $199.18 Million	0.152x	+111.20%
2018-12-31	CN¥6.53 Billion ≈ $956.25 Million	CN¥471.29 Million ≈ $68.96 Million	0.072x	-16.02%
2017-12-31	CN¥5.73 Billion ≈ $837.82 Million	CN¥491.68 Million ≈ $71.95 Million	0.086x	+1.79%
2016-12-31	CN¥4.98 Billion ≈ $729.07 Million	CN¥420.35 Million ≈ $61.51 Million	0.084x	-54.86%
2015-12-31	CN¥4.29 Billion ≈ $627.74 Million	CN¥801.81 Million ≈ $117.33 Million	0.187x	+29.99%
2014-12-31	CN¥3.65 Billion ≈ $533.51 Million	CN¥524.23 Million ≈ $76.71 Million	0.144x	+2.82%
2013-12-31	CN¥3.23 Billion ≈ $473.18 Million	CN¥452.18 Million ≈ $66.17 Million	0.140x	+43.70%
2012-12-31	CN¥2.71 Billion ≈ $395.98 Million	CN¥263.33 Million ≈ $38.53 Million	0.097x	+3906.72%
2011-12-31	CN¥2.51 Billion ≈ $367.86 Million	CN¥6.11 Million ≈ $893.41K	0.002x	-96.22%
2010-12-31	CN¥2.30 Billion ≈ $335.88 Million	CN¥147.34 Million ≈ $21.56 Million	0.064x	-83.96%
2009-12-31	CN¥215.87 Million ≈ $31.59 Million	CN¥86.40 Million ≈ $12.64 Million	0.400x	+7.31%
2008-12-31	CN¥126.96 Million ≈ $18.58 Million	CN¥47.36 Million ≈ $6.93 Million	0.373x	-12.15%
2007-12-31	CN¥85.01 Million ≈ $12.44 Million	CN¥36.10 Million ≈ $5.28 Million	0.425x	--

About Shenzhen Inovance Tech

SHE:300124 China Electrical Equipment & Parts

Market Cap

$25.38 Billion

CN¥173.43 Billion CNY

Market Cap Rank

#1047 Global

#70 in China

Share Price

CN¥64.06

Change (1 day)

+0.87%

52-Week Range

CN¥58.67 - CN¥88.91

All Time High

CN¥189.92