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.

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. Read Zhejiang HangKe Technology Co Ltd (688006) financial obligations for a breakdown of total debt and financial obligations.

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
Forehope Electronic (Ningbo) Co. Ltd. A SHG:688362	N/A
Chongqing Zongshen Power Machinery Co Ltd SHE:001696	0.021x
Eternal Materials Co Ltd TW:1717	0.042x
MGE Energy Inc NASDAQ:MGEE	0.026x
BW LPG Ltd OL:BWLPG	0.094x
Hyosung Corp KO:004800	0.024x
Songcheng Performance Develop SHE:300144	0.067x
Xiamen Xiangyu Co Ltd SHG:600057	0.259x

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

$2.93 Billion

CN¥20.04 Billion CNY

Market Cap Rank

#5045 Global

#982 in China

Share Price

CN¥33.19

Change (1 day)

+4.04%

52-Week Range

CN¥16.89 - CN¥41.39

All Time High

CN¥91.63