Hoymiles Power Electronics Inc Cash Flow Conversion Efficiency
Hoymiles Power Electronics Inc cash flow conversion efficiency. 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.
Cash Flow Conversion Efficiency of Hoymiles Power Electronics Inc (2017–2024)
Cash flow conversion efficiency of Hoymiles Power Electronics Inc from 2017 to 2024. This chart illustrates how Hoymiles Power Electronics Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. View today's stock price for Hoymiles Power Electronics Inc for real-time trading data and today's change.
Hoymiles Power Electronics Inc Cash Flow Conversion Ratio Explained
Hoymiles Power Electronics Inc 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.
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. Also see how much is Hoymiles Power Electronics Inc worth for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Genimous Technology Co Ltd
SHE:000676
|
0.013x |
|
Shenzhen Urban Transport Planning Center Co. Ltd.
SHE:301091
|
N/A |
|
Vohringer Home Technology Co Ltd
SHG:603226
|
0.014x |
|
Norion Bank
ST:NORION
|
0.043x |
|
Nsfocus Information Technology Co Ltd
SHE:300369
|
-0.005x |
|
Utz Brands Inc
NYSE:UTZ
|
0.000x |
|
Zhejiang Yongjin Metal Technology Co Ltd
SHG:603995
|
0.057x |
|
Lendlease Group
AU:LLC
|
-0.092x |
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. Review 688032 free cash flow to operating cash ratio 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¥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
Hoymiles Power Electronics Inc. engages in the manufacture and sale of module level power electronics (MLPE) solutions in China and internationally. It offers microinverters, data transfer units, energy storage, and rapid shutdown products, EV charger, battery, string inverter, as well as accessories, such as single- and multi- microinverter systems. The company also offers monitoring equipment, … Read more