Hangzhou Cable (603618) - Cash Flow Conversion Efficiency

Latest as of September 2025: -0.069x

Based on the latest financial reports, Hangzhou Cable (603618) has a cash flow conversion efficiency ratio of -0.069x 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¥-192.90 Million ≈ $-28.23 Million USD) by net assets (CN¥2.80 Billion ≈ $409.10 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 debt-free asset ratio of Hangzhou Cable to measure how much of total assets are equity-financed.

Hangzhou Cable - Cash Flow Conversion Efficiency Trend (2011–2025)

This chart illustrates how Hangzhou Cable's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Hangzhou Cable cash earnings quality to evaluate the quality of earnings relative to operating cash generation.

Hangzhou Cable Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Hangzhou Cable ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
BBB Foods Inc. NYSE:TBBB	0.266x
Petrokent Turizm AS IS:PKENT	0.023x
Autohome Inc NYSE:ATHM	0.001x
Zhejiang Provincial New Energy Investment Group Co Ltd SHG:600032	0.139x
Talos Energy NYSE:TALO	0.089x
EO Technics Co. Ltd KQ:039030	0.038x
Now Inc NYSE:DNOW	-0.044x
Fabege AB ST:FABG	0.023x

Annual Cash Flow Conversion Efficiency for Hangzhou Cable (2011–2025)

The table below shows the annual cash flow conversion efficiency of Hangzhou Cable from 2011 to 2025. For the full company profile with market capitalisation and key ratios, see Hangzhou Cable (603618) total market value.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	CN¥2.80 Billion ≈ $409.12 Million	CN¥42.94 Million ≈ $6.28 Million	0.015x	-47.95%
2024-12-31	CN¥3.09 Billion ≈ $452.31 Million	CN¥91.22 Million ≈ $13.35 Million	0.030x	-67.57%
2023-12-31	CN¥2.99 Billion ≈ $437.93 Million	CN¥272.31 Million ≈ $39.85 Million	0.091x	+590.57%
2022-12-31	CN¥2.88 Billion ≈ $421.80 Million	CN¥-53.46 Million ≈ $-7.82 Million	-0.019x	+93.39%
2021-12-31	CN¥2.77 Billion ≈ $405.62 Million	CN¥-777.24 Million ≈ $-113.74 Million	-0.280x	-1100.46%
2020-12-31	CN¥2.80 Billion ≈ $409.96 Million	CN¥-65.44 Million ≈ $-9.58 Million	-0.023x	-860.65%
2019-12-31	CN¥2.70 Billion ≈ $395.02 Million	CN¥8.29 Million ≈ $1.21 Million	0.003x	+101.00%
2018-12-31	CN¥2.30 Billion ≈ $335.88 Million	CN¥-706.01 Million ≈ $-103.31 Million	-0.308x	-407.48%
2017-12-31	CN¥2.08 Billion ≈ $303.99 Million	CN¥207.82 Million ≈ $30.41 Million	0.100x	+202.80%
2016-12-31	CN¥2.26 Billion ≈ $331.10 Million	CN¥-220.19 Million ≈ $-32.22 Million	-0.097x	-186.64%
2015-12-31	CN¥1.54 Billion ≈ $224.88 Million	CN¥-52.17 Million ≈ $-7.63 Million	-0.034x	-180.54%
2014-12-31	CN¥871.93 Million ≈ $127.59 Million	CN¥36.76 Million ≈ $5.38 Million	0.042x	-38.37%
2013-12-31	CN¥755.46 Million ≈ $110.55 Million	CN¥51.67 Million ≈ $7.56 Million	0.068x	-42.25%
2012-12-31	CN¥648.50 Million ≈ $94.90 Million	CN¥76.82 Million ≈ $11.24 Million	0.118x	-11.73%
2011-12-31	CN¥555.04 Million ≈ $81.22 Million	CN¥74.48 Million ≈ $10.90 Million	0.134x	--

About Hangzhou Cable

SHG:603618 China Electrical Equipment & Parts

Market Cap

$2.49 Billion

CN¥17.04 Billion CNY

Market Cap Rank

#5373 Global

#921 in China

Share Price

CN¥24.64

Change (1 day)

-9.81%

52-Week Range

CN¥6.52 - CN¥57.19

All Time High

CN¥57.19