Zhejiang HangKe Technology Co Ltd (688006) - Cash Flow Conversion Efficiency

Latest as of September 2025: -0.018x

Based on the latest financial reports, Zhejiang HangKe Technology Co Ltd (688006) has a cash flow conversion efficiency ratio of -0.018x 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¥-96.08 Million ≈ $-14.06 Million USD) by net assets (CN¥5.48 Billion ≈ $801.24 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 how leveraged is Zhejiang HangKe Technology Co Ltd's balance sheet to measure how much of total assets are equity-financed.

Zhejiang HangKe Technology Co Ltd - Cash Flow Conversion Efficiency Trend (2015–2024)

This chart illustrates how Zhejiang HangKe Technology Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Zhejiang HangKe Technology Co Ltd cash flow quality index to evaluate the quality of earnings relative to operating cash generation.

Zhejiang HangKe Technology Co Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Zhejiang HangKe Technology Co Ltd ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
BaoJi Titanium Industry Co Ltd SHG:600456	0.022x
NV Bekaert SA BR:BEKB	0.139x
ATS Corporation NYSE:ATS	0.064x
Innospec Inc NASDAQ:IOSP	0.013x
Ola Electric Mobility Ltd NSE:OLAELEC	-0.066x
RLX TECH. SP.ADR/1 CL.A F:3CM	0.020x
Ta Liang Technology Co Ltd TW:3167	0.117x
Diamond Power Infrastructure Limited NSE:DIACABS	0.340x

Annual Cash Flow Conversion Efficiency for Zhejiang HangKe Technology Co Ltd (2015–2024)

The table below shows the annual cash flow conversion efficiency of Zhejiang HangKe Technology Co Ltd from 2015 to 2024. For the full company profile with market capitalisation and key ratios, see 688006 stock market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CN¥5.16 Billion ≈ $755.77 Million	CN¥169.27 Million ≈ $24.77 Million	0.033x	-21.95%
2023-12-31	CN¥5.12 Billion ≈ $749.08 Million	CN¥214.97 Million ≈ $31.46 Million	0.042x	-79.79%
2022-12-31	CN¥3.35 Billion ≈ $489.85 Million	CN¥695.72 Million ≈ $101.81 Million	0.208x	+21.88%
2021-12-31	CN¥2.82 Billion ≈ $413.33 Million	CN¥481.66 Million ≈ $70.48 Million	0.171x	+49.76%
2020-12-31	CN¥2.57 Billion ≈ $375.67 Million	CN¥292.32 Million ≈ $42.78 Million	0.114x	+86.54%
2019-12-31	CN¥2.22 Billion ≈ $325.31 Million	CN¥135.70 Million ≈ $19.86 Million	0.061x	-77.99%
2018-12-31	CN¥911.54 Million ≈ $133.39 Million	CN¥252.83 Million ≈ $37.00 Million	0.277x	-34.02%
2017-12-31	CN¥660.33 Million ≈ $96.63 Million	CN¥277.61 Million ≈ $40.62 Million	0.420x	+55.50%
2016-12-31	CN¥486.21 Million ≈ $71.15 Million	CN¥131.45 Million ≈ $19.24 Million	0.270x	-47.83%
2015-12-31	CN¥113.92 Million ≈ $16.67 Million	CN¥59.04 Million ≈ $8.64 Million	0.518x	--

About Zhejiang HangKe Technology Co Ltd

SHG:688006 China Electrical Equipment & Parts

Market Cap

$1.99 Billion

CN¥13.59 Billion CNY

Market Cap Rank

#6174 Global

#1210 in China

Share Price

CN¥22.52

Change (1 day)

+0.67%

52-Week Range

CN¥20.28 - CN¥41.39

All Time High

CN¥91.63