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 Zhejiang HangKe Technology Co Ltd defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.

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.

Company	Cash Flow Conversion Efficiency
Indosat Tbk JK:ISAT	0.164x
NovaGold Resources Inc TO:NG	-0.005x
Kinik Co TW:1560	0.056x
Allied Gold Corporation TO:AAUC	0.432x
New Hope Corporation Ltd AU:NHC	0.071x
Community Bank System Inc NYSE:CBU	0.035x
Sportradar Group AG NASDAQ:SRAD	0.121x
Bains Mer Monaco PA:BAIN	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. For the full company profile with market capitalisation and key ratios, see 688006 market cap overview.

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

$3.28 Billion

CN¥22.40 Billion CNY

Market Cap Rank

#4761 Global

#860 in China

Share Price

CN¥37.11

Change (1 day)

-1.77%

52-Week Range

CN¥19.03 - CN¥41.39

All Time High

CN¥91.63