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 688032 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.

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.

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
Zhejiang Wanma Co Ltd SHE:002276	0.009x
Dianguang Explosion-proof Technology Co Ltd SHE:002730	-0.019x
Fleury S.A. SA:FLRY3	0.050x
Enviri Corporation NYSE:NVRI	0.130x
Hertz Global Holdings Inc NASDAQ:HTZ	-0.025x
Apex Dynamics Inc. TW:4583	0.035x
Golden Ocean Group Ltd NASDAQ:GOGL	-0.002x
Reinsurance Group of America Inc NYSE:RZB	0.215x

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 cap 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

$1.59 Billion

CN¥10.88 Billion CNY

Market Cap Rank

#7135 Global

#1631 in China

Share Price

CN¥87.68

Change (1 day)

+1.14%

52-Week Range

CN¥85.45 - CN¥137.51

All Time High

CN¥525.79