Zhejiang Hongchang Electrical Technology Co. Ltd. (301008) - Cash Flow Conversion Efficiency

Latest 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 ≈ $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. See 301008 equity financing ratio to measure how much of total assets are equity-financed.

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. Check cash flow quality index of Zhejiang Hongchang Electrical Technology to evaluate the quality of earnings relative to operating cash generation.

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
CK Power Public Company Limited BK:CKP	0.040x
Ta Ann Holdings Bhd KLSE:5012	0.041x
Mama's Creations Inc. NASDAQ:MAMA	0.054x
Guangdong Enpack Packaging Co Ltd SHE:002846	0.039x
Drugs Made In America Acquisition II Corp. Ordinary Shares NASDAQ:DMII	0.000x
Tiptree Inc NASDAQ:TIPT	-0.024x
Shenzhen Strongteam Decoration Engineering Co Ltd SHE:002989	0.151x
Xingtong Shipping Co. Ltd. SHG:603209	N/A

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 stock market capitalisation.

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.

SHE:301008 China Electronic Components

Market Cap

$643.53 Million

CN¥4.40 Billion CNY

Market Cap Rank

#10916 Global

#2973 in China

Share Price

CN¥33.58

Change (1 day)

+3.29%

52-Week Range

CN¥23.96 - CN¥52.46

All Time High

CN¥52.46