Shenzhen Inovance Tech Cash Flow Conversion Efficiency

Latest as of September 2025: 0.025x

Shenzhen Inovance Tech cash flow conversion efficiency. 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.

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

Cash flow conversion efficiency of Shenzhen Inovance Tech from 2007 to 2024. This chart illustrates how Shenzhen Inovance Tech's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Shenzhen Inovance Tech stock quote for real-time trading data and today's change.

Shenzhen Inovance Tech Cash Flow Conversion Ratio Explained

Shenzhen Inovance Tech cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.

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. Also see Shenzhen Inovance Tech (300124) market capitalisation for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
Xylem Inc NYSE:XYL	0.010x
Baidu Inc F:B1C	0.009x
CMS Energy Corporation NYSE:CMS	0.060x
Sany Heavy Industry Co Ltd SHG:600031	0.076x
Alnylam Pharmaceuticals Inc NASDAQ:ALNY	0.207x
Grasim Industries Limited NSE:GRASIM	-0.049x
Bridgestone Corporation F:BGTA	0.022x
Erste Bank Polska S.A. WAR:EBP	-0.077x

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. Review 300124 free cash flow to operating cash ratio to assess how much free cash flow the company generates relative to operating cash flow.

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

$21.94 Billion

CN¥149.95 Billion CNY

Market Cap Rank

#1168 Global

#74 in China

Share Price

CN¥55.39

Change (1 day)

-2.45%

52-Week Range

CN¥49.33 - CN¥80.88

All Time High

CN¥189.92