Hangzhou First PV Material Co Ltd
Hangzhou First Applied Material Co., Ltd., together with its subsidiaries, designs, develops, manufactures, and sells solar battery encapsulation materials in China and internationally. It operates through Photovoltaic Film, Photovoltaic Backplane, Solar Power Generation System, Aluminum plastic film, and Photosensitive Dry Film segments. The company offers encapsulant EVA films, polyolefin films… Read more
Hangzhou First PV Material Co Ltd (603806) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: 0.057x
Based on the latest financial reports, Hangzhou First PV Material Co Ltd (603806) has a cash flow conversion efficiency ratio of 0.057x 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¥921.00 Million) by net assets (CN¥16.08 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Hangzhou First PV Material Co Ltd - Cash Flow Conversion Efficiency Trend (2009–2024)
This chart illustrates how Hangzhou First PV Material Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Hangzhou First PV Material Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Hangzhou First PV Material Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
360 Finance Inc
NASDAQ:QFIN
|
0.103x |
|
Transwarp Technology (Shanghai) Co. Ltd. A
SHG:688031
|
N/A |
|
MONETA MONEY BANK KC 20
F:MM0
|
N/A |
|
Ringcentral Inc
NYSE:RNG
|
-1.401x |
|
Bank Millennium S.A.
WAR:MIL
|
0.199x |
|
Chenzhou Jingui Silver Industry Co Ltd
SHE:002716
|
0.008x |
|
Zhejiang XCC Group Co Ltd
SHG:603667
|
0.027x |
|
IDEAYA BIOSCIENCE DL-01
F:30J
|
N/A |
Annual Cash Flow Conversion Efficiency for Hangzhou First PV Material Co Ltd (2009–2024)
The table below shows the annual cash flow conversion efficiency of Hangzhou First PV Material Co Ltd from 2009 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥16.62 Billion | CN¥4.39 Billion | 0.264x | +24872.63% |
| 2023-12-31 | CN¥15.80 Billion | CN¥-16.84 Million | -0.001x | -157.36% |
| 2022-12-31 | CN¥14.01 Billion | CN¥26.04 Million | 0.002x | +115.35% |
| 2021-12-31 | CN¥12.19 Billion | CN¥-147.56 Million | -0.012x | -140.13% |
| 2020-12-31 | CN¥9.03 Billion | CN¥272.34 Million | 0.030x | -54.72% |
| 2019-12-31 | CN¥6.53 Billion | CN¥434.94 Million | 0.067x | +118.25% |
| 2018-12-31 | CN¥5.56 Billion | CN¥169.57 Million | 0.031x | -36.82% |
| 2017-12-31 | CN¥5.03 Billion | CN¥242.96 Million | 0.048x | -20.73% |
| 2016-12-31 | CN¥4.84 Billion | CN¥295.09 Million | 0.061x | -37.45% |
| 2015-12-31 | CN¥4.27 Billion | CN¥415.95 Million | 0.097x | +270.97% |
| 2014-12-31 | CN¥3.80 Billion | CN¥99.87 Million | 0.026x | -87.73% |
| 2013-12-31 | CN¥1.90 Billion | CN¥406.97 Million | 0.214x | +21.46% |
| 2012-12-31 | CN¥1.80 Billion | CN¥317.51 Million | 0.176x | -16.11% |
| 2011-12-31 | CN¥1.30 Billion | CN¥272.91 Million | 0.210x | -42.53% |
| 2010-12-31 | CN¥732.90 Million | CN¥267.92 Million | 0.366x | +55.27% |
| 2009-12-31 | CN¥181.21 Million | CN¥42.67 Million | 0.235x | -- |