Shenzhen Hirisun Technology Inc (300277) - Cash Flow Conversion Efficiency

Latest as of June 2023: 0.061x

Based on the latest financial reports, Shenzhen Hirisun Technology Inc (300277) has a cash flow conversion efficiency ratio of 0.061x as of June 2023. 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¥30.60 Million ≈ $4.48 Million USD) by net assets (CN¥498.25 Million ≈ $72.91 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 Shenzhen Hirisun Technology Inc (300277) balance sheet quality index to measure how much of total assets are equity-financed.

Shenzhen Hirisun Technology Inc - Cash Flow Conversion Efficiency Trend (2008–2024)

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

Shenzhen Hirisun Technology Inc Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Shenzhen Hirisun Technology Inc ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Anhui Coreach Technology Co Ltd SHE:002983	0.067x
Harbin Jiuzhou Electrical Co Ltd SHE:300040	0.108x
Flytech Technology Co Ltd TW:6206	-0.034x
Canadian Banc Corp TO:BK	0.022x
Luyan Pharma Co Ltd SHE:002788	0.035x
Konka Group Co Ltd SHE:000016	0.068x
Shanghai Kinetic Medical Co SHE:300326	0.025x
Caisse Regionale de Credit Agricole Mutuel Brie Picardie PA:CRBP2	0.133x

Annual Cash Flow Conversion Efficiency for Shenzhen Hirisun Technology Inc (2008–2024)

The table below shows the annual cash flow conversion efficiency of Shenzhen Hirisun Technology Inc from 2008 to 2024. For the full company profile with market capitalisation and key ratios, see 300277 market cap overview.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CN¥515.11 Million ≈ $75.38 Million	CN¥45.05 Million ≈ $6.59 Million	0.087x	+26.89%
2023-12-31	CN¥509.78 Million ≈ $74.60 Million	CN¥35.13 Million ≈ $5.14 Million	0.069x	+286.87%
2022-12-31	CN¥505.30 Million ≈ $73.94 Million	CN¥-18.64 Million ≈ $-2.73 Million	-0.037x	-396.09%
2021-12-31	CN¥504.06 Million ≈ $73.76 Million	CN¥6.28 Million ≈ $918.73K	0.012x	-69.74%
2020-12-31	CN¥504.98 Million ≈ $73.90 Million	CN¥20.79 Million ≈ $3.04 Million	0.041x	-78.07%
2019-12-31	CN¥485.07 Million ≈ $70.98 Million	CN¥91.04 Million ≈ $13.32 Million	0.188x	+315.66%
2018-12-31	CN¥492.34 Million ≈ $72.05 Million	CN¥22.23 Million ≈ $3.25 Million	0.045x	+32.83%
2017-12-31	CN¥485.92 Million ≈ $71.10 Million	CN¥16.52 Million ≈ $2.42 Million	0.034x	-61.25%
2016-12-31	CN¥494.43 Million ≈ $72.35 Million	CN¥43.37 Million ≈ $6.35 Million	0.088x	+230.84%
2015-12-31	CN¥469.83 Million ≈ $68.75 Million	CN¥12.46 Million ≈ $1.82 Million	0.027x	-84.19%
2014-12-31	CN¥458.50 Million ≈ $67.09 Million	CN¥76.88 Million ≈ $11.25 Million	0.168x	+334.71%
2012-12-31	CN¥556.00 Million ≈ $81.36 Million	CN¥21.45 Million ≈ $3.14 Million	0.039x	-91.04%
2010-12-31	CN¥167.62 Million ≈ $24.53 Million	CN¥72.15 Million ≈ $10.56 Million	0.430x	+93.43%
2009-12-31	CN¥119.15 Million ≈ $17.44 Million	CN¥26.52 Million ≈ $3.88 Million	0.223x	-36.27%
2008-12-31	CN¥88.61 Million ≈ $12.97 Million	CN¥30.94 Million ≈ $4.53 Million	0.349x	--

About Shenzhen Hirisun Technology Inc

SHE:300277 China Information Technology Services

Market Cap

$601.52 Million

CN¥4.11 Billion CNY

Market Cap Rank

#11171 Global

#3068 in China

Share Price

CN¥12.03

Change (1 day)

+3.62%

52-Week Range

CN¥11.22 - CN¥25.39

All Time High

CN¥25.39