Hangzhou First PV Material Co Ltd (603806) - Cash Flow Conversion Efficiency

Latest 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 ≈ $134.77 Million USD) by net assets (CN¥16.08 Billion ≈ $2.35 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see 603806 company net worth for the company's overall valuation and market capitalisation.

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.

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. Explore 603806 operating cash flow to net income to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
West Fraser Timber Co Ltd TO:WFG	-0.031x
Dutch Bros Inc NYSE:BROS	0.092x
Dongguan Dingtong Precision Metal Co. Ltd. A SHG:688668	0.057x
Tencent Music Entertainment Group NYSE:TME	0.043x
Eregli Demir ve Celik Fabrikalari TAS IS:EREGL	-0.068x
Banco Macro SA B BA:BMA	0.108x
AB Sagax (publ) ST:SAGA-B	0.038x
Plains GP Holdings LP NASDAQ:PAGP	0.062x

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. View Hangzhou First PV Material Co Ltd stock quote for real-time trading data and today's change.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CN¥16.62 Billion ≈ $2.43 Billion	CN¥4.39 Billion ≈ $642.21 Million	0.264x	+24872.63%
2023-12-31	CN¥15.80 Billion ≈ $2.31 Billion	CN¥-16.84 Million ≈ $-2.46 Million	-0.001x	-157.36%
2022-12-31	CN¥14.01 Billion ≈ $2.05 Billion	CN¥26.04 Million ≈ $3.81 Million	0.002x	+115.35%
2021-12-31	CN¥12.19 Billion ≈ $1.78 Billion	CN¥-147.56 Million ≈ $-21.59 Million	-0.012x	-140.13%
2020-12-31	CN¥9.03 Billion ≈ $1.32 Billion	CN¥272.34 Million ≈ $39.85 Million	0.030x	-54.72%
2019-12-31	CN¥6.53 Billion ≈ $955.43 Million	CN¥434.94 Million ≈ $63.65 Million	0.067x	+118.25%
2018-12-31	CN¥5.56 Billion ≈ $812.98 Million	CN¥169.57 Million ≈ $24.81 Million	0.031x	-36.82%
2017-12-31	CN¥5.03 Billion ≈ $735.88 Million	CN¥242.96 Million ≈ $35.55 Million	0.048x	-20.73%
2016-12-31	CN¥4.84 Billion ≈ $708.46 Million	CN¥295.09 Million ≈ $43.18 Million	0.061x	-37.45%
2015-12-31	CN¥4.27 Billion ≈ $624.62 Million	CN¥415.95 Million ≈ $60.87 Million	0.097x	+270.97%
2014-12-31	CN¥3.80 Billion ≈ $556.37 Million	CN¥99.87 Million ≈ $14.61 Million	0.026x	-87.73%
2013-12-31	CN¥1.90 Billion ≈ $278.19 Million	CN¥406.97 Million ≈ $59.55 Million	0.214x	+21.46%
2012-12-31	CN¥1.80 Billion ≈ $263.61 Million	CN¥317.51 Million ≈ $46.46 Million	0.176x	-16.11%
2011-12-31	CN¥1.30 Billion ≈ $190.08 Million	CN¥272.91 Million ≈ $39.94 Million	0.210x	-42.53%
2010-12-31	CN¥732.90 Million ≈ $107.25 Million	CN¥267.92 Million ≈ $39.21 Million	0.366x	+55.27%
2009-12-31	CN¥181.21 Million ≈ $26.52 Million	CN¥42.67 Million ≈ $6.24 Million	0.235x	--

About Hangzhou First PV Material Co Ltd

SHG:603806 China Semiconductor Equipment & Materials

Market Cap

$5.49 Billion

CN¥37.49 Billion CNY

Market Cap Rank

#3357 Global

#449 in China

Share Price

CN¥14.37

Change (1 day)

+2.50%

52-Week Range

CN¥13.17 - CN¥20.00

All Time High

CN¥1254.69