Hangzhou Hopechart Iot Technology (688288) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Hangzhou Hopechart Iot Technology (688288) 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¥28.31 Million ≈ $4.14 Million USD) by net assets (CN¥774.84 Million ≈ $113.38 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 Hangzhou Hopechart Iot Technology (688288) liquidity interval to measure how many days the company can operate on defensive assets alone.
Hangzhou Hopechart Iot Technology - Cash Flow Conversion Efficiency Trend (2016–2024)
This chart illustrates how Hangzhou Hopechart Iot Technology's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Hangzhou Hopechart Iot Technology Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Hangzhou Hopechart Iot Technology ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Lagenda Properties Bhd
KLSE:7179
|
0.036x |
|
Zhejiang Benli Technology Co. Ltd.
SHE:301065
|
N/A |
|
Chia Hsin Cement Corp
TW:1103
|
0.008x |
|
Akebia Ther
NASDAQ:AKBA
|
0.955x |
|
BlackRock Municipal Income Quality Closed Fund
NYSE:BYM
|
-0.052x |
|
Oak Valley Bancorp
NASDAQ:OVLY
|
0.038x |
|
BlackRock TCP Capital Corp
NASDAQ:TCPC
|
0.075x |
|
Kina Securities Ltd
AU:KSL
|
0.015x |
Annual Cash Flow Conversion Efficiency for Hangzhou Hopechart Iot Technology (2016–2024)
The table below shows the annual cash flow conversion efficiency of Hangzhou Hopechart Iot Technology from 2016 to 2024. For the full company profile with market capitalisation and key ratios, see Hangzhou Hopechart Iot Technology market cap and net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥726.64 Million ≈ $106.33 Million |
CN¥-19.15 Million ≈ $-2.80 Million |
-0.026x | +75.84% |
| 2023-12-31 | CN¥747.80 Million ≈ $109.43 Million |
CN¥-81.60 Million ≈ $-11.94 Million |
-0.109x | -9.25% |
| 2022-12-31 | CN¥806.57 Million ≈ $118.03 Million |
CN¥-80.56 Million ≈ $-11.79 Million |
-0.100x | -567.27% |
| 2021-12-31 | CN¥917.51 Million ≈ $134.26 Million |
CN¥19.61 Million ≈ $2.87 Million |
0.021x | -50.19% |
| 2020-12-31 | CN¥917.03 Million ≈ $134.19 Million |
CN¥39.35 Million ≈ $5.76 Million |
0.043x | -41.46% |
| 2019-12-31 | CN¥848.56 Million ≈ $124.17 Million |
CN¥62.20 Million ≈ $9.10 Million |
0.073x | -49.19% |
| 2018-12-31 | CN¥250.93 Million ≈ $36.72 Million |
CN¥36.21 Million ≈ $5.30 Million |
0.144x | +12.93% |
| 2017-12-31 | CN¥136.40 Million ≈ $19.96 Million |
CN¥17.43 Million ≈ $2.55 Million |
0.128x | -29.83% |
| 2016-12-31 | CN¥92.27 Million ≈ $13.50 Million |
CN¥16.80 Million ≈ $2.46 Million |
0.182x | -- |
About Hangzhou Hopechart Iot Technology
Hangzhou Hopechart IoT Technology Co.,Ltd engages in the development, production, and sale of driving systems and advanced driver assistance systems (ADAS) in the People's Republic of China. The company offers intelligent network products, including intelligent driving systems and vehicle networking terminals; hardware, such as various types of driving recorders and T-BOX, sensors; and ADAS and o… Read more