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.

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. Read 688032 total liabilities for a breakdown of total debt and financial obligations.

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
JOYY Inc NASDAQ:JOYY	0.005x
MVV Energie AG F:MVV1	-0.071x
Construcciones y Auxiliar de Ferrocarriles S.A. MC:CAF	0.141x
Beijing Originwater Technology SHE:300070	-0.006x
MLS Co Ltd SHE:002745	0.010x
The Navigator Company SA LS:NVG	0.026x
I-Chiun Precision Industry Co Ltd TW:2486	-0.058x
Capri Global Capital Limited NSE:CGCL	-0.325x

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

$2.09 Billion

CN¥14.27 Billion CNY

Market Cap Rank

#6140 Global

#1340 in China

Share Price

CN¥115.00

Change (1 day)

+2.12%

52-Week Range

CN¥94.58 - CN¥137.51

All Time High

CN¥525.79