Zhejiang Hongchang Electrical Technology Co. Ltd. Cash Flow Conversion Efficiency
Zhejiang Hongchang Electrical Technology Co. Ltd. cash flow conversion efficiency. 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 ≈ $11.50 Million USD) by net assets (CN¥1.50 Billion ≈ $219.46 Million 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 Zhejiang Hongchang Electrical Technology Co. Ltd. (2017–2024)
Cash flow conversion efficiency of Zhejiang Hongchang Electrical Technology Co. Ltd. from 2017 to 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. View latest Zhejiang Hongchang Electrical Technology stock price today for real-time trading data and today's change.
Zhejiang Hongchang Electrical Technology Co. Ltd. Cash Flow Conversion Ratio Explained
Zhejiang Hongchang Electrical Technology Co. Ltd. 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.
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. Also see Zhejiang Hongchang Electrical Technology stock valuation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
WCON Electronics (Guangdong) Co. Ltd. A
SHE:301328
|
N/A |
|
Dongguan Mentech Optical & Magnetic Co Ltd
SHE:002902
|
-0.090x |
|
Ads Tec Energy PLC
NASDAQ:ADSE
|
1.821x |
|
Aubay Société Anonyme
PA:AUB
|
0.117x |
|
Danel (Adir Yeoshua) Ltd
TA:DANE
|
0.197x |
|
Mako Mining Corp
V:MKO
|
0.110x |
|
Shenzhen Weiguang Biological Products Co Ltd
SHE:002880
|
0.021x |
|
Dogus Otomotiv Servis ve Ticaret AS
IS:DOAS
|
-0.041x |
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. Review Zhejiang Hongchang Electrical Technology (301008) free cash flow 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¥1.13 Billion ≈ $165.41 Million |
CN¥84.46 Million ≈ $12.36 Million |
0.075x | -41.60% |
| 2023-12-31 | CN¥1.14 Billion ≈ $166.37 Million |
CN¥145.44 Million ≈ $21.28 Million |
0.128x | +684.30% |
| 2022-12-31 | CN¥1.03 Billion ≈ $150.57 Million |
CN¥16.78 Million ≈ $2.46 Million |
0.016x | -39.05% |
| 2021-12-31 | CN¥959.58 Million ≈ $140.42 Million |
CN¥25.68 Million ≈ $3.76 Million |
0.027x | -85.27% |
| 2020-12-31 | CN¥382.33 Million ≈ $55.95 Million |
CN¥69.44 Million ≈ $10.16 Million |
0.182x | -14.62% |
| 2019-12-31 | CN¥315.15 Million ≈ $46.12 Million |
CN¥67.04 Million ≈ $9.81 Million |
0.213x | +18.05% |
| 2018-12-31 | CN¥244.63 Million ≈ $35.80 Million |
CN¥44.08 Million ≈ $6.45 Million |
0.180x | +405.34% |
| 2017-12-31 | CN¥199.79 Million ≈ $29.24 Million |
CN¥-11.79 Million ≈ $-1.73 Million |
-0.059x | -- |
About 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