Zhejiang Hongchang Electrical Technology Co. Ltd. (301008) - 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.
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. Read Zhejiang Hongchang Electrical Technology balance sheet liabilities for a breakdown of total debt and financial obligations.
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 |
|---|---|
|
Selamat Sempurna Tbk
JK:SMSM
|
0.082x |
|
Beijing Jingyeda Technology Co Ltd
SHE:003005
|
-0.012x |
|
Valor Estate Limited
NSE:DBREALTY
|
-0.027x |
|
Shanghai Yanhua Smartech Group
SHE:002178
|
-0.003x |
|
Mitek Systems Inc
NASDAQ:MITK
|
0.034x |
|
Shenzhen Sinovatio Technology Co Ltd Class A
SHE:002912
|
-0.022x |
|
Shinkong Textile Co Ltd
TW:1419
|
0.011x |
|
Fireweed Zinc Ltd
V:FWZ
|
-0.677x |
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. For the full company profile with market capitalisation and key ratios, see 301008 company net worth.
| 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