Zhejiang HangKe Technology Co Ltd (688006) - Cash Flow Conversion Efficiency
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. Also see Zhejiang HangKe Technology Co Ltd market cap and net worth for the company's overall valuation and market capitalisation.
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.
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. Explore Zhejiang HangKe Technology Co Ltd cash flow quality index to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Huaxia Eye Hospital Group Co. Ltd. A
SHE:301267
|
N/A |
|
Innovex International, Inc
NYSE:INVX
|
0.019x |
|
TKH Group NV
AS:TWEKA
|
0.168x |
|
Imax Corp
NYSE:IMAX
|
0.009x |
|
Winpak Ltd.
TO:WPK
|
0.005x |
|
Gelsenwasser AG
F:WWG
|
0.031x |
|
VNET Group Inc DRC
NASDAQ:VNET
|
0.022x |
|
Genting Bhd
KLSE:3182
|
0.082x |
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. View latest Zhejiang HangKe Technology Co Ltd stock price today for real-time trading data and today's change.
| 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
Zhejiang HangKe Technology Incorporated Company designs, develops, produces, and sells lithium-ion (Li-ion) battery post-processing systems for the rechargeable batteries in China. The company offers post-processing systems for pouch and prismatic Li-ion power cells, as well as for cylindrical and 3C pouch Li-ion cells; and test and logistics software systems. Zhejiang HangKe Technology Incorpora… Read more