Hongxin Tech Co Ltd
Zhejiang Hongxin Technology Co., Ltd. engages in the research and development, designing, manufacturing, and sales of automotive forged aluminum alloy wheels for commercial and passenger vehicle applications in China and internationally. Zhejiang Hongxin Technology Co., Ltd. was founded in 2006 and is headquartered in Taizhou, China.
Hongxin Tech Co Ltd (301539) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: -0.014x
Based on the latest financial reports, Hongxin Tech Co Ltd (301539) has a cash flow conversion efficiency ratio of -0.014x 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¥-11.74 Million) by net assets (CN¥815.55 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Hongxin Tech Co Ltd - Cash Flow Conversion Efficiency Trend (2019–2024)
This chart illustrates how Hongxin Tech 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.
Hongxin Tech Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Hongxin Tech Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Mainstreet Bank
NASDAQ:MNSB
|
0.026x |
|
Gold Resource Corporation
NYSE MKT:GORO
|
-0.013x |
|
Baby Bunting Group Ltd
AU:BBN
|
0.212x |
|
Austin Engineering Limited
PINK:AUSTF
|
0.048x |
|
Edel SE & Co. KGaA
F:EDL
|
0.113x |
|
Monash Ivf Group Ltd
AU:MVF
|
0.051x |
|
Juniper Hotels Ltd
NSE:JUNIPER
|
0.023x |
|
PRIMEENERG.RES CORP.DL-10
F:PEJ
|
N/A |
Annual Cash Flow Conversion Efficiency for Hongxin Tech Co Ltd (2019–2024)
The table below shows the annual cash flow conversion efficiency of Hongxin Tech Co Ltd from 2019 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥776.82 Million | CN¥100.49 Million | 0.129x | -48.62% |
| 2023-12-31 | CN¥443.51 Million | CN¥111.67 Million | 0.252x | -36.84% |
| 2022-12-31 | CN¥369.19 Million | CN¥147.19 Million | 0.399x | +6573.32% |
| 2021-12-31 | CN¥295.44 Million | CN¥1.76 Million | 0.006x | -97.81% |
| 2020-12-31 | CN¥240.71 Million | CN¥65.57 Million | 0.272x | -32.72% |
| 2019-12-31 | CN¥125.04 Million | CN¥50.62 Million | 0.405x | -- |