Zhejiang HangKe Technology Co Ltd Cash Flow Conversion Efficiency

Latest as of September 2025: -0.018x

Zhejiang HangKe Technology Co Ltd 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.

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

Cash flow conversion efficiency of Zhejiang HangKe Technology Co Ltd from 2015 to 2024. This chart illustrates how Zhejiang HangKe Technology Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. View 688006 share price today for real-time trading data and today's change.

Zhejiang HangKe Technology Co Ltd Cash Flow Conversion Ratio Explained

Zhejiang HangKe Technology Co Ltd cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.

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. Also see Zhejiang HangKe Technology Co Ltd market cap and net worth for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
Precigen Inc NASDAQ:PGEN	-0.409x
DoubleVerify Holdings Inc NYSE:DV	0.004x
Compania Nationala de Transport al Energiei Electrice Transelectrica SA RO:TEL	0.054x
Kunshan Dongwei Technology Co Ltd SHG:688700	0.026x
Astra Microwave Products Limited NSE:ASTRAMICRO	-0.078x
Electrolux Professional AB (publ) ST:EPRO-B	0.016x
China Publishing & Media Hldg SHG:601949	0.023x
Korean Reinsu KO:003690	0.087x

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. Review 688006 FCF generation index to assess how much free cash flow the company generates relative to operating cash flow.

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

$1.60 Billion

CN¥10.93 Billion CNY

Market Cap Rank

#6729 Global

#1348 in China

Share Price

CN¥18.11

Change (1 day)

-3.00%

52-Week Range

CN¥16.56 - CN¥39.79

All Time High

CN¥91.63