Zhejiang Hongchang Electrical Technology Co. Ltd.
Zhejiang Hongchang Electrical Technology Co., Ltd. engages in research, development, production, and sale of fluid solenoid valves, sensors, and other electrical accessories in China. The company offers valves for washing machines, dishwashers, smart toilets, water purifiers; and machine water level sensor. It also offers door lock for washing machine; high and low pressure switch for water purif… Read more
Zhejiang Hongchang Electrical Technology Co. Ltd. (301008) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: 0.052x
Based on the latest financial reports, Zhejiang Hongchang Electrical Technology Co. Ltd. (301008) has a cash flow conversion efficiency ratio of 0.052x 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¥78.60 Million) by net assets (CN¥1.50 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Zhejiang Hongchang Electrical Technology Co. Ltd. - Cash Flow Conversion Efficiency Trend (2017–2024)
This chart illustrates how Zhejiang Hongchang Electrical Technology Co. Ltd.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Zhejiang Hongchang Electrical Technology Co. Ltd. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Zhejiang Hongchang Electrical Technology Co. Ltd. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Yonker Environmental Protect
SHE:300187
|
0.097x |
|
Guangzhou Jinzhong Auto Parts Manufacturing Co. Ltd.
SHE:301133
|
-0.049x |
|
Hangzhou Biotest Biotech Co Ltd
SHG:688767
|
0.012x |
|
RMR Group Inc
NASDAQ:RMR
|
0.026x |
|
Sichuan Haowu Electromechanical Co Ltd
SHE:000757
|
0.020x |
|
Jiangsu TongLin Electric Co.Ltd.
SHE:301168
|
-0.007x |
|
Berry Petroleum Corp
NASDAQ:BRY
|
0.087x |
|
Jiangsu Lanfeng Bio-chemical Co Ltd
SHE:002513
|
-0.507x |
Annual Cash Flow Conversion Efficiency for Zhejiang Hongchang Electrical Technology Co. Ltd. (2017–2024)
The table below shows the annual cash flow conversion efficiency of Zhejiang Hongchang Electrical Technology Co. Ltd. from 2017 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥1.13 Billion | CN¥84.46 Million | 0.075x | -41.60% |
| 2023-12-31 | CN¥1.14 Billion | CN¥145.44 Million | 0.128x | +684.30% |
| 2022-12-31 | CN¥1.03 Billion | CN¥16.78 Million | 0.016x | -39.05% |
| 2021-12-31 | CN¥959.58 Million | CN¥25.68 Million | 0.027x | -85.27% |
| 2020-12-31 | CN¥382.33 Million | CN¥69.44 Million | 0.182x | -14.62% |
| 2019-12-31 | CN¥315.15 Million | CN¥67.04 Million | 0.213x | +18.05% |
| 2018-12-31 | CN¥244.63 Million | CN¥44.08 Million | 0.180x | +405.34% |
| 2017-12-31 | CN¥199.79 Million | CN¥-11.79 Million | -0.059x | -- |