Jiangsu Hengxing New Material
Jiangsu Hengxing New Material Technology Co.,Ltd. researches, develops, and manufactures chemicals worldwide. It offers organic ketones, acids, esters, alcohols, aldehydes, ethers and acid anhydrides, etc. The company was founded in 2006 and is headquartered in Jiangsu, China.
Jiangsu Hengxing New Material (603276) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: 0.013x
Based on the latest financial reports, Jiangsu Hengxing New Material (603276) has a cash flow conversion efficiency ratio of 0.013x 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¥21.92 Million) by net assets (CN¥1.74 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Jiangsu Hengxing New Material - Cash Flow Conversion Efficiency Trend (2017–2024)
This chart illustrates how Jiangsu Hengxing New Material's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Jiangsu Hengxing New Material Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Jiangsu Hengxing New Material ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Assura Plc
PINK:ARSSF
|
0.054x |
|
Texwinca Holdings Limited
PINK:TXWHY
|
N/A |
|
Kontour (Xi'an) Medical Technology Co. Ltd.
SHG:688314
|
0.035x |
|
Beijing JCZ Technology Co. Ltd. A
SHG:688291
|
N/A |
|
Eastern Media International Corp
TW:2614
|
0.080x |
|
WhiteFiber, Inc. Ordinary Shares
NASDAQ:WYFI
|
-0.035x |
|
PharmaEngine
TWO:4162
|
0.011x |
|
Starrag Group Holding AG
SW:STGN
|
0.052x |
Annual Cash Flow Conversion Efficiency for Jiangsu Hengxing New Material (2017–2024)
The table below shows the annual cash flow conversion efficiency of Jiangsu Hengxing New Material from 2017 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥1.74 Billion | CN¥36.30 Million | 0.021x | +11.88% |
| 2023-12-31 | CN¥1.76 Billion | CN¥32.83 Million | 0.019x | -92.27% |
| 2022-12-31 | CN¥773.55 Million | CN¥186.84 Million | 0.242x | +545.34% |
| 2021-12-31 | CN¥679.87 Million | CN¥25.45 Million | 0.037x | -74.49% |
| 2020-12-31 | CN¥596.33 Million | CN¥87.50 Million | 0.147x | -42.08% |
| 2019-12-31 | CN¥486.70 Million | CN¥123.30 Million | 0.253x | +23.79% |
| 2018-12-31 | CN¥422.67 Million | CN¥86.50 Million | 0.205x | -22.69% |
| 2017-12-31 | CN¥212.21 Million | CN¥56.18 Million | 0.265x | -- |