CMGE Technology Group (HKSE:00302) Cash Conversion Cycle: 45.35 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HKSE:00302 CMGE Technology Group Ltd HKSE:00302
47 GF Score
Price HK$0.19
GF Value HK$0.57
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is CMGE Technology Group Cash Conversion Cycle?

CMGE Technology Group HKSE:00302 +0.53% 47 Cash Conversion Cycle is 45.35 as of Dec. 2025. GuruFocus rates HKSE:00302 with a GF Score™ of 47/100 and a GF Value™ of HK$0.57 (Possible Value Trap). The stock has 6 warning signs investors should review.

Cash Conversion Cycle is one of several measures of management effectiveness. It equals Days Sales Outstanding + Days Inventory - Days Payable.

CMGE Technology Group's Days Sales Outstanding for the six months ended in Dec. 2025 was 123.91.
CMGE Technology Group's Days Inventory for the six months ended in Dec. 2025 was 0.
CMGE Technology Group's Days Payable for the six months ended in Dec. 2025 was 78.56.
Therefore, CMGE Technology Group's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2025 was 45.35.


CMGE Technology Group  (HKSE:00302) Cash Conversion Cycle Explanation

Generally, the lower this number is, the better for the company. Although it should be combined with other metrics (such as ROE % and ROA %), it can be especially useful for comparing close competitors, because the company with the lowest CCC is often the one with better management.


Be Aware

CCC is most effective with retail-type companies, which have inventories that are sold to customers. Consulting businesses, software companies and insurance companies are all examples of companies for whom this metric is meaningless.

The CCC is one of several tools that can help you evaluate management, especially if it is calculated for several consecutive time periods and for several competitors. Decreasing or steady CCCs are good, while rising ones should motivate you to dig a bit deeper.


CMGE Technology Group Cash Conversion Cycle Related Terms


CMGE Technology Group Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for CMGE Technology Group's Cash Conversion Cycle can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

CMGE Technology Group Cash Conversion Cycle Chart

CMGE Technology Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.53 66.50 96.57 125.46 79.44

CMGE Technology Group Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 125.93 119.76 167.06 77.02 45.35

HKSE:00302 vs NTES, EA, TTWO: Cash Conversion Cycle Comparison

For the Electronic Gaming & Multimedia subindustry, CMGE Technology Group's Cash Conversion Cycle, along with its competitors' market caps and Cash Conversion Cycle data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


CMGE Technology Group Cash Conversion Cycle vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, CMGE Technology Group's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where CMGE Technology Group's Cash Conversion Cycle falls into.


HKSE:00302
47GF Score
CMGE Technology Group Ltd HKSE:00302
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CMGE Technology Group Cash Conversion Cycle Calculation

Cash Conversion Cycle (CCC) measures how fast a company can convert cash on hand into even more cash on hand. This metric looks at the amount of time needed to sell inventory, the amount of time needed to collect receivables and the length of time the company is afforded to pay its bills without incurring penalties.

Cash Conversion Cycle is one of several measures of management effectiveness.

CMGE Technology Group's Cash Conversion Cycle for the fiscal year that ended in Dec. 2025 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=147.66+0-68.22
=79.44

CMGE Technology Group's Cash Conversion Cycle for the quarter that ended in Dec. 2025 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=123.91+0-78.56
=45.35

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Cash Conversion Cycle →
What does a Cash Conversion Cycle of 45.35 mean?
CMGE Technology Group (HKSE:00302) has a Cash Conversion Cycle of 45.35 as of Dec. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on CMGE Technology Group and its competitors.
Is CMGE Technology Group's Cash Conversion Cycle too high?
CMGE Technology Group's current Cash Conversion Cycle is 45.35. The Interactive Media industry median Cash Conversion Cycle is 17.88. CMGE Technology Group's value of 45.35 is 153.6% above this industry median. Overall, CMGE Technology Group has a GF Score™ of 47/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does CMGE Technology Group's Cash Conversion Cycle compare to NTES and EA?
CMGE Technology Group's Cash Conversion Cycle of 45.35 can be compared against companies in the Interactive Media industry. The industry median Cash Conversion Cycle is 17.88. CMGE Technology Group's value of 45.35 is 153.6% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Conversion Cycle for an Interactive Media company?
The median Cash Conversion Cycle among Interactive Media companies is 17.88, based on 547 companies in the industry. Companies in the top quartile (top 25%) have a Cash Conversion Cycle significantly above this median, while those in the bottom quartile fall well below. However, Cash Conversion Cycle should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CMGE Technology Group's current Cash Conversion Cycle of 45.35 is 153.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Conversion Cycle mean?
A high Cash Conversion Cycle can signal that a stock is expensive relative to its fundamentals. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on CMGE Technology Group and its competitors. For the Interactive Media industry, the median Cash Conversion Cycle is 17.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CMGE Technology Group's current Cash Conversion Cycle is 45.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CMGE Technology Group stock overvalued right now?
Based on GuruFocus' analysis, CMGE Technology Group (HKSE:00302) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.57, compared to a current price of HK$0.19 — trading 66.7% below its estimated fair value. The current Cash Conversion Cycle is 45.35 and 153.6% above the Interactive Media industry median of 17.88. CMGE Technology Group's overall GF Score™ is 47/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Conversion Cycle calculated?
Cash Conversion Cycle is calculated from a company's financial statements. For CMGE Technology Group (HKSE:00302), the current Cash Conversion Cycle is 45.35 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is CMGE Technology Group (HKSE:00302) Overvalued in 2026?

Based on GuruFocus' analysis, CMGE Technology Group stock appears to be undervalued. The current stock price of HK$0.19 is trading 66.7% below its estimated GF Value™ of HK$0.57. GuruFocus considers CMGE Technology Group to be Possible Value Trap.

Key valuation signals for HKSE:00302:

  • Cash Conversion Cycle: 45.35
  • GF Value™: HK$0.57 vs. price of HK$0.19 (66.7% below fair value)
  • GF Score™: 47/100 with 6 warning signs
  • Industry Position: 153.6% above the Interactive Media median

No single metric tells the full story. See the HKSE:00302 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CMGE Technology Group Business Description

Address Zhongkang North Road, 10th Floor, Building No. 4, Zhuoyue Meilin Center Square, Futian District, Guangdong Province, Shenzhen, CHN
CMGE Technology Group Ltd is a China-based mobile game developer and publisher. The company provides IP-oriented games for players throughout the world through independent research and development (R&D) and co-development efforts. The company continues with its excellent contents and amazing interaction experience by focusing on its Proprietary IP "Legend of Sword and Fairy".
47GF Score

Get the complete analysis for HKSE:00302

Cash Conversion Cycle is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$0.19
Price
HK$0.57
GF Value