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China Renewable Energy Investment (HKSE:00987) 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.
China Renewable Energy Investment Cash Conversion Cycle Related Terms
China Renewable Energy Investment Cash Conversion Cycle Historical Data
* 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.
China Renewable Energy Investment Cash Conversion Cycle Chart
China Renewable Energy Investment Cash Conversion Cycle Competitor Comparison
For the Utilities - Renewable subindustry, China Renewable Energy Investment'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.
China Renewable Energy Investment Cash Conversion Cycle vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, China Renewable Energy Investment's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where China Renewable Energy Investment's Cash Conversion Cycle falls into.
China Renewable Energy Investment 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.
* 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.
China Renewable Energy Investment (HKSE:00987) has a Cash Conversion Cycle of 766.90 as of Dec. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on China Renewable Energy Investment and its competitors.
Is China Renewable Energy Investment's Cash Conversion Cycle too high?
China Renewable Energy Investment's current Cash Conversion Cycle is 766.90. The Utilities - Independent Power Producers industry median Cash Conversion Cycle is 25.55. China Renewable Energy Investment's value of 766.90 is 2901.6% above this industry median. Overall, China Renewable Energy Investment has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China Renewable Energy Investment's Cash Conversion Cycle compare to competitors?
China Renewable Energy Investment's Cash Conversion Cycle of 766.90 can be compared against companies in the Utilities - Independent Power Producers industry. The industry median Cash Conversion Cycle is 25.55. China Renewable Energy Investment's value of 766.90 is 2901.6% 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 Utilities - Independent Power Producers company?
The median Cash Conversion Cycle among Utilities - Independent Power Producers companies is 25.55, based on 421 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. China Renewable Energy Investment's current Cash Conversion Cycle of 766.90 is 2901.6% 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 China Renewable Energy Investment and its competitors. For the Utilities - Independent Power Producers industry, the median Cash Conversion Cycle is 25.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Renewable Energy Investment's current Cash Conversion Cycle is 766.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Renewable Energy Investment stock overvalued right now?
Based on GuruFocus' analysis, China Renewable Energy Investment (HKSE:00987) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.12, compared to a current price of HK$0.20 — trading 67.5% above its estimated fair value. The current Cash Conversion Cycle is 766.90 and 2901.6% above the Utilities - Independent Power Producers industry median of 25.55. China Renewable Energy Investment's overall GF Score™ is 44/100 with 7 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 China Renewable Energy Investment (HKSE:00987), the current Cash Conversion Cycle is 766.90 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 China Renewable Energy Investment (HKSE:00987) Overvalued in 2026?
Based on GuruFocus' analysis, China Renewable Energy Investment stock appears to be overvalued.
The current stock price of HK$0.20 is trading 67.5% above its estimated GF Value™ of HK$0.12.
GuruFocus considers China Renewable Energy Investment to be Significantly Overvalued.
Key valuation signals for HKSE:00987:
Cash Conversion Cycle: 766.90
GF Value™: HK$0.12 vs. price of HK$0.20 (67.5% above fair value)
Industry Position: 2901.6% above the Utilities - Independent Power Producers median
No single metric tells the full story. See the HKSE:00987 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Renewable Energy Investment Business Description
China Renewable Energy Investment Ltd are principally engaged in renewable energy business. The Group has operations mainly in the People's Republic of China. It is an investment holding company. The Group has a single reportable segment which is renewable energy segment. The company's sales of electricity were all generated by the wind power plants and a distributed solar project of the group. Some of its projects are Danjinghe Wind Farm, Changma Wind Farm, Lunaobao Wind Farm, Songxian Wind Farm, Nanxun Distributed Solar Project.
44GF Score
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