Henan Thinker Automation (603508) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Henan Thinker Automation (603508) has a cash flow conversion efficiency ratio of 0.029x 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¥116.65 Million ≈ $17.07 Million USD) by net assets (CN¥3.98 Billion ≈ $582.52 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 Henan Thinker Automation (603508) defensive interval to measure how many days the company can operate on defensive assets alone.
Henan Thinker Automation - Cash Flow Conversion Efficiency Trend (2011–2025)
This chart illustrates how Henan Thinker Automation's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Henan Thinker Automation Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Henan Thinker Automation ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Oil Refineries Ltd.
TA:ORL
|
0.108x |
|
Hubei Huitian New Materials
SHE:300041
|
0.037x |
|
Genting Plantations Bhd
KLSE:2291
|
0.031x |
|
Advantage Oil & Gas Ltd.
TO:AAV
|
0.048x |
|
Hiecise Precision Equipment Co Ltd
SHE:300809
|
0.040x |
|
Fujian Forecam Optics Co Ltd
SHG:688010
|
-0.019x |
|
Wave Life Sciences Ltd
NASDAQ:WVE
|
-0.116x |
|
Finolex Industries Limited
NSE:FINPIPE
|
0.002x |
Annual Cash Flow Conversion Efficiency for Henan Thinker Automation (2011–2025)
The table below shows the annual cash flow conversion efficiency of Henan Thinker Automation from 2011 to 2025. For the full company profile with market capitalisation and key ratios, see Henan Thinker Automation market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | CN¥4.14 Billion ≈ $606.27 Million |
CN¥671.83 Million ≈ $98.31 Million |
0.162x | +78.25% |
| 2024-12-31 | CN¥4.82 Billion ≈ $705.87 Million |
CN¥438.81 Million ≈ $64.21 Million |
0.091x | +47.13% |
| 2023-12-31 | CN¥4.65 Billion ≈ $681.15 Million |
CN¥287.80 Million ≈ $42.11 Million |
0.062x | +20.83% |
| 2022-12-31 | CN¥4.43 Billion ≈ $648.97 Million |
CN¥226.94 Million ≈ $33.21 Million |
0.051x | +235.50% |
| 2021-12-31 | CN¥4.28 Billion ≈ $626.73 Million |
CN¥65.32 Million ≈ $9.56 Million |
0.015x | -84.44% |
| 2020-12-31 | CN¥3.91 Billion ≈ $572.74 Million |
CN¥383.73 Million ≈ $56.15 Million |
0.098x | -19.87% |
| 2019-12-31 | CN¥4.42 Billion ≈ $646.34 Million |
CN¥540.43 Million ≈ $79.08 Million |
0.122x | +44.78% |
| 2018-12-31 | CN¥2.70 Billion ≈ $394.49 Million |
CN¥227.82 Million ≈ $33.34 Million |
0.085x | +47.93% |
| 2017-12-31 | CN¥2.57 Billion ≈ $375.39 Million |
CN¥146.55 Million ≈ $21.44 Million |
0.057x | -11.86% |
| 2016-12-31 | CN¥2.47 Billion ≈ $361.45 Million |
CN¥160.10 Million ≈ $23.43 Million |
0.065x | -30.46% |
| 2015-12-31 | CN¥2.29 Billion ≈ $334.84 Million |
CN¥213.27 Million ≈ $31.21 Million |
0.093x | -59.25% |
| 2014-12-31 | CN¥769.40 Million ≈ $112.59 Million |
CN¥175.96 Million ≈ $25.75 Million |
0.229x | +148.38% |
| 2013-12-31 | CN¥530.94 Million ≈ $77.69 Million |
CN¥48.89 Million ≈ $7.15 Million |
0.092x | -65.54% |
| 2012-12-31 | CN¥378.03 Million ≈ $55.32 Million |
CN¥101.01 Million ≈ $14.78 Million |
0.267x | +11.25% |
| 2011-12-31 | CN¥246.07 Million ≈ $36.01 Million |
CN¥59.10 Million ≈ $8.65 Million |
0.240x | -- |
About Henan Thinker Automation
Henan Thinker Automatic Equipment Co.,Ltd. engages in the research and development, manufacture, and sale of train operation control systems in China. It offers in-vehicle solutions, such as train operation control, locomotive onboard safety protection, locomotive remote monitoring and diagnosis, and train operation status information systems. The company also provides ground solutions, including… Read more