Hongfa Technology Co Ltd (600885) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Hongfa Technology Co Ltd (600885) has a cash flow conversion efficiency ratio of 0.056x 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¥762.14 Million ≈ $111.52 Million USD) by net assets (CN¥13.55 Billion ≈ $1.98 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Hongfa Technology Co Ltd - Cash Flow Conversion Efficiency Trend (1998–2024)
This chart illustrates how Hongfa Technology Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read 600885 liabilities breakdown for a breakdown of total debt and financial obligations.
Hongfa Technology Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Hongfa Technology Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
GDS HLDGS LTD DL-00005
F:G401
|
0.027x |
|
CIG ShangHai Co Ltd Class A
SHG:603083
|
-0.074x |
|
Prosperity Bancshares Inc
NYSE:PB
|
0.010x |
|
Amdocs Ltd
NASDAQ:DOX
|
0.064x |
|
Svenska Cellulosa Aktiebolaget SCA (publ)
ST:SCA-B
|
0.010x |
|
Hexcel Corporation
NYSE:HXL
|
0.100x |
|
MINERAL RES. UNSP.ADR/1
F:F5J0
|
N/A |
|
Dundee Precious Metals Inc
TO:DPM
|
0.254x |
Annual Cash Flow Conversion Efficiency for Hongfa Technology Co Ltd (1998–2024)
The table below shows the annual cash flow conversion efficiency of Hongfa Technology Co Ltd from 1998 to 2024. For the full company profile with market capitalisation and key ratios, see Hongfa Technology Co Ltd stock valuation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥12.54 Billion ≈ $1.84 Billion |
CN¥2.23 Billion ≈ $326.99 Million |
0.178x | -25.96% |
| 2023-12-31 | CN¥11.06 Billion ≈ $1.62 Billion |
CN¥2.66 Billion ≈ $389.35 Million |
0.241x | +50.17% |
| 2022-12-31 | CN¥9.95 Billion ≈ $1.46 Billion |
CN¥1.59 Billion ≈ $233.37 Million |
0.160x | +53.53% |
| 2021-12-31 | CN¥8.74 Billion ≈ $1.28 Billion |
CN¥911.84 Million ≈ $133.43 Million |
0.104x | +7.33% |
| 2020-12-31 | CN¥7.40 Billion ≈ $1.08 Billion |
CN¥719.59 Million ≈ $105.30 Million |
0.097x | -61.87% |
| 2019-12-31 | CN¥6.59 Billion ≈ $964.44 Million |
CN¥1.68 Billion ≈ $245.98 Million |
0.255x | +84.30% |
| 2018-12-31 | CN¥5.98 Billion ≈ $874.97 Million |
CN¥827.47 Million ≈ $121.09 Million |
0.138x | +12.25% |
| 2017-12-31 | CN¥5.27 Billion ≈ $771.88 Million |
CN¥650.31 Million ≈ $95.16 Million |
0.123x | +12.35% |
| 2016-12-31 | CN¥4.54 Billion ≈ $663.71 Million |
CN¥497.71 Million ≈ $72.83 Million |
0.110x | -43.43% |
| 2015-12-31 | CN¥3.91 Billion ≈ $571.95 Million |
CN¥758.18 Million ≈ $110.95 Million |
0.194x | +92.71% |
| 2014-12-31 | CN¥3.49 Billion ≈ $511.27 Million |
CN¥351.69 Million ≈ $51.46 Million |
0.101x | -35.74% |
| 2013-12-31 | CN¥2.94 Billion ≈ $430.37 Million |
CN¥460.69 Million ≈ $67.41 Million |
0.157x | -21.52% |
| 2012-12-31 | CN¥1.66 Billion ≈ $242.39 Million |
CN¥330.63 Million ≈ $48.38 Million |
0.200x | +113.03% |
| 2011-12-31 | CN¥-127.42 Million ≈ $-18.65 Million |
CN¥195.24 Million ≈ $28.57 Million |
-1.532x | -166.07% |
| 2010-12-31 | CN¥32.04 Million ≈ $4.69 Million |
CN¥74.30 Million ≈ $10.87 Million |
2.319x | +142.54% |
| 2009-12-31 | CN¥-5.57 Million ≈ $-815.33K |
CN¥30.38 Million ≈ $4.45 Million |
-5.452x | -1221.14% |
| 2008-12-31 | CN¥120.48 Million ≈ $17.63 Million |
CN¥58.59 Million ≈ $8.57 Million |
0.486x | +104.03% |
| 2007-12-31 | CN¥164.30 Million ≈ $24.04 Million |
CN¥39.16 Million ≈ $5.73 Million |
0.238x | -45.22% |
| 2006-12-31 | CN¥158.22 Million ≈ $23.15 Million |
CN¥68.84 Million ≈ $10.07 Million |
0.435x | +42.81% |
| 2005-12-31 | CN¥210.26 Million ≈ $30.77 Million |
CN¥64.06 Million ≈ $9.37 Million |
0.305x | +3689.96% |
| 2004-12-31 | CN¥208.63 Million ≈ $30.53 Million |
CN¥1.68 Million ≈ $245.43K |
0.008x | -97.81% |
| 2003-12-31 | CN¥206.09 Million ≈ $30.16 Million |
CN¥75.78 Million ≈ $11.09 Million |
0.368x | +68.04% |
| 2002-12-31 | CN¥196.06 Million ≈ $28.69 Million |
CN¥42.90 Million ≈ $6.28 Million |
0.219x | +455.03% |
| 2001-12-31 | CN¥137.60 Million ≈ $20.14 Million |
CN¥5.42 Million ≈ $793.84K |
0.039x | -11.68% |
| 2000-12-31 | CN¥136.05 Million ≈ $19.91 Million |
CN¥6.07 Million ≈ $888.67K |
0.045x | +153.51% |
| 1999-12-31 | CN¥151.52 Million ≈ $22.17 Million |
CN¥-12.64 Million ≈ $-1.85 Million |
-0.083x | -187.46% |
| 1998-12-31 | CN¥177.53 Million ≈ $25.98 Million |
CN¥-5.15 Million ≈ $-753.88K |
-0.029x | -- |
About Hongfa Technology Co Ltd
Hongfa Technology Co., Ltd. manufactures and supplies relays, medium and low voltage electrical appliances, high and low voltage complete equipment, connectors, capacitors, precision parts, and automation equipment worldwide. The company offers industrial, power, latching, automotive, signal, high voltage DC, high frequency relays, as well as relay sockets and modules; and low-voltage devices, su… Read more