Hoymiles Power Electronics Inc (688032) - Cash Flow Conversion Efficiency

Latest as of September 2025: -0.037x

Based on the latest financial reports, Hoymiles Power Electronics Inc (688032) has a cash flow conversion efficiency ratio of -0.037x 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¥-216.22 Million ≈ $-31.64 Million USD) by net assets (CN¥5.83 Billion ≈ $853.39 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 Hoymiles Power Electronics Inc (688032) balance sheet quality index to measure how much of total assets are equity-financed.

Hoymiles Power Electronics Inc - Cash Flow Conversion Efficiency Trend (2017–2024)

This chart illustrates how Hoymiles Power Electronics Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check how high is Hoymiles Power Electronics Inc's earnings quality to evaluate the quality of earnings relative to operating cash generation.

Hoymiles Power Electronics Inc Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Hoymiles Power Electronics Inc ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Enovis Corp NYSE:ENOV	0.016x
Loma Negra Compania Industrial Argentina SA BA:LOMA	0.032x
Richelieu Hardware Ltd. TO:RCH	0.018x
Origin Bancorp, Inc. NYSE:OBK	0.042x
REX American Resources Corporation NYSE:REX	-0.003x
Tong Yang Industry Co Ltd TW:1319	0.079x
Hengdian Group Tospo Lighting Co Ltd SHG:603303	0.100x
Blackrock Innovation & Growth Trust NYSE:BIGZ	N/A

Annual Cash Flow Conversion Efficiency for Hoymiles Power Electronics Inc (2017–2024)

The table below shows the annual cash flow conversion efficiency of Hoymiles Power Electronics Inc from 2017 to 2024. For the full company profile with market capitalisation and key ratios, see market value of Hoymiles Power Electronics Inc.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CN¥6.36 Billion ≈ $930.21 Million	CN¥66.89 Million ≈ $9.79 Million	0.011x	+64.92%
2023-12-31	CN¥6.38 Billion ≈ $933.47 Million	CN¥40.70 Million ≈ $5.96 Million	0.006x	-90.40%
2022-12-31	CN¥6.41 Billion ≈ $937.78 Million	CN¥426.07 Million ≈ $62.35 Million	0.066x	+165.30%
2021-12-31	CN¥5.99 Billion ≈ $875.83 Million	CN¥149.99 Million ≈ $21.95 Million	0.025x	-89.92%
2020-12-31	CN¥377.15 Million ≈ $55.19 Million	CN¥93.78 Million ≈ $13.72 Million	0.249x	+12146.07%
2019-12-31	CN¥274.38 Million ≈ $40.15 Million	CN¥557.14K ≈ $81.53K	0.002x	-99.44%
2018-12-31	CN¥205.84 Million ≈ $30.12 Million	CN¥74.21 Million ≈ $10.86 Million	0.361x	+218.80%
2017-12-31	CN¥195.73 Million ≈ $28.64 Million	CN¥-59.40 Million ≈ $-8.69 Million	-0.303x	--

About Hoymiles Power Electronics Inc

SHG:688032 China Electrical Equipment & Parts

Market Cap

$1.43 Billion

CN¥9.74 Billion CNY

Market Cap Rank

#7412 Global

#1622 in China

Share Price

CN¥78.54

Change (1 day)

-1.15%

52-Week Range

CN¥73.98 - CN¥137.51

All Time High

CN¥525.79