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 300124 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

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.

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
Standard Bank Group Ltd JSE:SBK	0.252x
Accelink Technologies Co Ltd SHE:002281	0.114x
RYANAIR HLDGS ADR NEW/5 F:RY4D	-0.008x
Carpenter Technology Corporation NYSE:CRS	0.094x
China National Nuclear Power SHG:601985	0.057x
SHINHAN FINL ADR/1 SW5000 F:KSF1	-0.082x
Pembina Pipeline Corp TO:PPL	0.019x
Biogen Inc NASDAQ:BIIB	0.028x

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 stock market capitalisation.

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

$27.83 Billion

CN¥190.16 Billion CNY

Market Cap Rank

#966 Global

#72 in China

Share Price

CN¥70.24

Change (1 day)

+1.36%

52-Week Range

CN¥61.36 - CN¥88.91

All Time High

CN¥189.92