Hangzhou Pinming Software Co. Ltd. A (688109) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.025x

Based on the latest financial reports, Hangzhou Pinming Software Co. Ltd. A (688109) has a cash flow conversion efficiency ratio of 0.025x 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¥19.68 Million ≈ $2.88 Million USD) by net assets (CN¥795.95 Million ≈ $116.47 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 how leveraged is Hangzhou Pinming Software Co. Ltd. A's balance sheet to measure how much of total assets are equity-financed.

Hangzhou Pinming Software Co. Ltd. A - Cash Flow Conversion Efficiency Trend (2013–2025)

This chart illustrates how Hangzhou Pinming Software Co. Ltd. A's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Hangzhou Pinming Software Co. Ltd. A (688109) cash flow quality to evaluate the quality of earnings relative to operating cash generation.

Hangzhou Pinming Software Co. Ltd. A Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Hangzhou Pinming Software Co. Ltd. A ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Hangzhou Biotest Biotech Co Ltd SHG:688767	0.012x
Zhejiang Founder Motor Co Ltd SHE:002196	0.025x
Yieh Phui Enterprise Co Ltd TW:2023	0.038x
Astra Agro Lestari Tbk JK:AALI	0.063x
Sichuan Jinshi Technology Co Ltd Class A SHE:002951	-0.004x
Asseco Business Solutions S.A. WAR:ABS	0.101x
Henan Hengxing Science & Technology Co Ltd SHE:002132	0.017x
Coronation Fund Managers Ltd JSE:CML	0.259x

Annual Cash Flow Conversion Efficiency for Hangzhou Pinming Software Co. Ltd. A (2013–2025)

The table below shows the annual cash flow conversion efficiency of Hangzhou Pinming Software Co. Ltd. A from 2013 to 2025. For the full company profile with market capitalisation and key ratios, see 688109 market cap.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	CN¥1.77 Billion ≈ $258.43 Million	CN¥98.46 Million ≈ $14.41 Million	0.056x	-48.90%
2024-12-31	CN¥784.39 Million ≈ $114.78 Million	CN¥85.57 Million ≈ $12.52 Million	0.109x	+807.55%
2023-12-31	CN¥779.19 Million ≈ $114.02 Million	CN¥9.37 Million ≈ $1.37 Million	0.012x	+106.84%
2022-12-31	CN¥821.21 Million ≈ $120.17 Million	CN¥-144.25 Million ≈ $-21.11 Million	-0.176x	-544.55%
2021-12-31	CN¥909.78 Million ≈ $133.13 Million	CN¥-24.79 Million ≈ $-3.63 Million	-0.027x	-112.26%
2020-12-31	CN¥279.36 Million ≈ $40.88 Million	CN¥62.10 Million ≈ $9.09 Million	0.222x	-7.68%
2019-12-31	CN¥201.70 Million ≈ $29.51 Million	CN¥48.57 Million ≈ $7.11 Million	0.241x	-28.53%
2018-12-31	CN¥152.32 Million ≈ $22.29 Million	CN¥51.32 Million ≈ $7.51 Million	0.337x	+56.34%
2017-12-31	CN¥112.23 Million ≈ $16.42 Million	CN¥24.18 Million ≈ $3.54 Million	0.215x	-56.85%
2016-12-31	CN¥78.12 Million ≈ $11.43 Million	CN¥39.02 Million ≈ $5.71 Million	0.499x	-20.04%
2015-12-31	CN¥23.58 Million ≈ $3.45 Million	CN¥14.73 Million ≈ $2.16 Million	0.625x	+560.96%
2014-12-31	CN¥5.54 Million ≈ $810.08K	CN¥-750.15K ≈ $-109.77K	-0.136x	-123.02%
2013-12-31	CN¥4.47 Million ≈ $653.63K	CN¥2.63 Million ≈ $384.82K	0.589x	--

About Hangzhou Pinming Software Co. Ltd. A

SHG:688109 China Software - Application

Market Cap

$794.45 Million

CN¥5.43 Billion CNY

Market Cap Rank

#9816 Global

#2510 in China

Share Price

CN¥68.86

Change (1 day)

+3.30%

52-Week Range

CN¥39.22 - CN¥179.99

All Time High

CN¥179.99