Zhejiang Heda Technology Co Ltd (688296) - Cash Flow Conversion Efficiency

Latest as of September 2025: -0.010x

Based on the latest financial reports, Zhejiang Heda Technology Co Ltd (688296) has a cash flow conversion efficiency ratio of -0.010x 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¥-6.65 Million ≈ $-972.75K USD) by net assets (CN¥640.59 Million ≈ $93.74 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 688296 net asset quality score to measure how much of total assets are equity-financed.

Zhejiang Heda Technology Co Ltd - Cash Flow Conversion Efficiency Trend (2012–2025)

This chart illustrates how Zhejiang Heda Technology Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check 688296 cash flow quality index to evaluate the quality of earnings relative to operating cash generation.

Zhejiang Heda Technology Co Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Zhejiang Heda Technology Co Ltd ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Datawalk SA WAR:DAT	-1.044x
SEACOR Marine Holdings Inc NYSE:SMHI	-0.061x
Partron Co. Ltd KQ:091700	0.085x
Deep Value Driller AS OL:DVD	0.957x
Bang & Olufsen CO:BO	0.041x
Rico Auto Industries Limited NSE:RICOAUTO	0.197x
Oriental Interest Bhd KLSE:5827	0.004x
Indomobil Sukses Internasional JK:IMAS	-0.199x

Annual Cash Flow Conversion Efficiency for Zhejiang Heda Technology Co Ltd (2012–2025)

The table below shows the annual cash flow conversion efficiency of Zhejiang Heda Technology Co Ltd from 2012 to 2025. For the full company profile with market capitalisation and key ratios, see Zhejiang Heda Technology Co Ltd (688296) market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	CN¥604.25 Million ≈ $88.42 Million	CN¥-17.45 Million ≈ $-2.55 Million	-0.029x	-78.21%
2024-12-31	CN¥699.54 Million ≈ $102.36 Million	CN¥-11.33 Million ≈ $-1.66 Million	-0.016x	-130.98%
2023-12-31	CN¥703.56 Million ≈ $102.95 Million	CN¥36.79 Million ≈ $5.38 Million	0.052x	+221.63%
2022-12-31	CN¥753.02 Million ≈ $110.19 Million	CN¥-32.38 Million ≈ $-4.74 Million	-0.043x	-807.15%
2021-12-31	CN¥732.28 Million ≈ $107.15 Million	CN¥4.45 Million ≈ $651.52K	0.006x	-95.88%
2020-12-31	CN¥355.03 Million ≈ $51.95 Million	CN¥52.42 Million ≈ $7.67 Million	0.148x	+2990.45%
2019-12-31	CN¥274.14 Million ≈ $40.12 Million	CN¥-1.40 Million ≈ $-204.93K	-0.005x	-105.47%
2018-12-31	CN¥162.97 Million ≈ $23.85 Million	CN¥15.23 Million ≈ $2.23 Million	0.093x	-32.61%
2017-12-31	CN¥142.99 Million ≈ $20.92 Million	CN¥19.83 Million ≈ $2.90 Million	0.139x	+117.64%
2016-12-31	CN¥104.07 Million ≈ $15.23 Million	CN¥6.63 Million ≈ $970.13K	0.064x	-61.11%
2015-12-31	CN¥62.50 Million ≈ $9.15 Million	CN¥10.24 Million ≈ $1.50 Million	0.164x	+154.58%
2014-12-31	CN¥22.17 Million ≈ $3.24 Million	CN¥-6.65 Million ≈ $-973.40K	-0.300x	-167.52%
2013-12-31	CN¥19.16 Million ≈ $2.80 Million	CN¥8.52 Million ≈ $1.25 Million	0.444x	+173.73%
2012-12-31	CN¥14.00 Million ≈ $2.05 Million	CN¥-8.44 Million ≈ $-1.23 Million	-0.603x	--

About Zhejiang Heda Technology Co Ltd

SHG:688296 China Utilities - Regulated Water

Market Cap

$201.31 Million

CN¥1.38 Billion CNY

Market Cap Rank

#16489 Global

#4607 in China

Share Price

CN¥12.75

Change (1 day)

+3.24%

52-Week Range

CN¥11.36 - CN¥17.08

All Time High

CN¥55.14