Henan Pinggao Electric Co Ltd (600312) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.049x

Based on the latest financial reports, Henan Pinggao Electric Co Ltd (600312) has a cash flow conversion efficiency ratio of 0.049x 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¥578.20 Million ≈ $84.61 Million USD) by net assets (CN¥11.88 Billion ≈ $1.74 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See net asset quality index of Henan Pinggao Electric Co Ltd to measure how much of total assets are equity-financed.

Henan Pinggao Electric Co Ltd - Cash Flow Conversion Efficiency Trend (1999–2025)

This chart illustrates how Henan Pinggao Electric Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check 600312 cash flow quality index to evaluate the quality of earnings relative to operating cash generation.

Henan Pinggao Electric Co Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Henan Pinggao Electric Co Ltd ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Merdeka Copper Gold PT JK:MDKA	0.019x
Industrias CH S. A. B. de C. V MX:ICHB	0.004x
First Capital Securities Co Ltd Class A SHE:002797	0.035x
Lazard Ltd NYSE:LAZ	0.291x
Marathon Digital Holdings Inc NASDAQ:MARA	-0.106x
Changsha Jingjia Microelectronics Co Ltd SHE:300474	-0.013x
Bath & Body Works Inc. NYSE:BBWI	-0.216x
Jiangsu Xinquan Automotive Trim Co Ltd SHG:603179	0.067x

Annual Cash Flow Conversion Efficiency for Henan Pinggao Electric Co Ltd (1999–2025)

The table below shows the annual cash flow conversion efficiency of Henan Pinggao Electric Co Ltd from 1999 to 2025. For the full company profile with market capitalisation and key ratios, see 600312 stock market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	CN¥11.77 Billion ≈ $1.72 Billion	CN¥810.66 Million ≈ $118.63 Million	0.069x	-74.89%
2024-12-31	CN¥10.97 Billion ≈ $1.60 Billion	CN¥3.01 Billion ≈ $440.19 Million	0.274x	+14.92%
2023-12-31	CN¥10.49 Billion ≈ $1.53 Billion	CN¥2.50 Billion ≈ $366.41 Million	0.239x	+66.42%
2022-12-31	CN¥9.74 Billion ≈ $1.43 Billion	CN¥1.40 Billion ≈ $204.42 Million	0.143x	+13.68%
2021-12-31	CN¥9.49 Billion ≈ $1.39 Billion	CN¥1.20 Billion ≈ $175.27 Million	0.126x	-11.32%
2020-12-31	CN¥9.38 Billion ≈ $1.37 Billion	CN¥1.34 Billion ≈ $195.37 Million	0.142x	+4.37%
2019-12-31	CN¥9.34 Billion ≈ $1.37 Billion	CN¥1.27 Billion ≈ $186.38 Million	0.136x	+63.49%
2018-12-31	CN¥9.21 Billion ≈ $1.35 Billion	CN¥768.34 Million ≈ $112.43 Million	0.083x	+201.06%
2017-12-31	CN¥9.18 Billion ≈ $1.34 Billion	CN¥-757.30 Million ≈ $-110.82 Million	-0.083x	-150.85%
2016-12-31	CN¥9.35 Billion ≈ $1.37 Billion	CN¥1.52 Billion ≈ $222.09 Million	0.162x	+225.02%
2015-12-31	CN¥6.37 Billion ≈ $931.50 Million	CN¥317.81 Million ≈ $46.51 Million	0.050x	+10.14%
2014-12-31	CN¥6.09 Billion ≈ $891.00 Million	CN¥276.01 Million ≈ $40.39 Million	0.045x	+173.31%
2013-12-31	CN¥3.23 Billion ≈ $472.76 Million	CN¥-199.77 Million ≈ $-29.23 Million	-0.062x	-137.74%
2012-12-31	CN¥2.87 Billion ≈ $420.61 Million	CN¥470.89 Million ≈ $68.91 Million	0.164x	+936.95%
2011-12-31	CN¥2.74 Billion ≈ $400.72 Million	CN¥43.26 Million ≈ $6.33 Million	0.016x	+111.87%
2010-12-31	CN¥2.72 Billion ≈ $398.48 Million	CN¥-362.48 Million ≈ $-53.04 Million	-0.133x	-1214.60%
2009-12-31	CN¥2.76 Billion ≈ $403.82 Million	CN¥-27.94 Million ≈ $-4.09 Million	-0.010x	-105.04%
2008-12-31	CN¥1.49 Billion ≈ $217.87 Million	CN¥298.91 Million ≈ $43.74 Million	0.201x	+191.28%
2007-12-31	CN¥1.30 Billion ≈ $189.75 Million	CN¥-285.21 Million ≈ $-41.74 Million	-0.220x	-719.79%
2006-12-31	CN¥1.09 Billion ≈ $159.18 Million	CN¥38.60 Million ≈ $5.65 Million	0.035x	+972.93%
2005-12-31	CN¥1.07 Billion ≈ $157.11 Million	CN¥3.55 Million ≈ $519.66K	0.003x	-83.29%
2004-12-31	CN¥996.75 Million ≈ $145.86 Million	CN¥19.73 Million ≈ $2.89 Million	0.020x	+185.21%
2003-12-31	CN¥944.64 Million ≈ $138.23 Million	CN¥-21.94 Million ≈ $-3.21 Million	-0.023x	-166.39%
2002-12-31	CN¥919.37 Million ≈ $134.53 Million	CN¥32.17 Million ≈ $4.71 Million	0.035x	+188.04%
2001-12-31	CN¥888.15 Million ≈ $129.96 Million	CN¥-35.29 Million ≈ $-5.16 Million	-0.040x	-113.31%
2000-12-31	CN¥203.03 Million ≈ $29.71 Million	CN¥60.60 Million ≈ $8.87 Million	0.298x	+66.82%
1999-12-31	CN¥158.01 Million ≈ $23.12 Million	CN¥28.27 Million ≈ $4.14 Million	0.179x	--

About Henan Pinggao Electric Co Ltd

SHG:600312 China Electrical Equipment & Parts

Market Cap

$4.06 Billion

CN¥27.76 Billion CNY

Market Cap Rank

#4062 Global

#607 in China

Share Price

CN¥20.46

Change (1 day)

-2.29%

52-Week Range

CN¥15.12 - CN¥25.04

All Time High

CN¥25.04