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. Also see Zhejiang Hongchang Electrical Technology (301008) market capitalisation for the company's overall valuation and market capitalisation.
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.
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. Explore 301008 operating cash flow to net income to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
PLAYTIKA HOLDING DL-01
F:8II
|
-0.695x |
|
Kayne Anderson BDC, Inc.
NYSE:KBDC
|
0.037x |
|
Afcon Holdings Ltd
TA:AFHL
|
-0.005x |
|
J Resources Asia Pasifik Tbk
JK:PSAB
|
-0.020x |
|
JOST Werke AG
XETRA:JST
|
0.081x |
|
SG Fleet Group Ltd
AU:SGF
|
-0.064x |
|
Garware Technical Fibres Limited
NSE:GARFIBRES
|
0.005x |
|
Tian Jin Motor Dies Co Ltd
SHE:002510
|
0.053x |
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. View Zhejiang Hongchang Electrical Technology (301008) share price today for real-time trading data and today's change.
| 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