China Sunshine Paper Holdings Co. (HKSE:02002) Cash Conversion Cycle: 8.08 (As of Dec. 2025)

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HKSE:02002 China Sunshine Paper Holdings Co. Ltd HKSE:02002
62 GF Score
Price HK$0.90
GF Value HK$1.81
Valuation Possible Value Trap
! 6 Warning Signs
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What is China Sunshine Paper Holdings Co. Cash Conversion Cycle?

China Sunshine Paper Holdings Co. HKSE:02002 -1.10% 62 Cash Conversion Cycle is 8.08 as of Dec. 2025. GuruFocus rates HKSE:02002 with a GF Score™ of 62/100 and a GF Value™ of HK$1.81 (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.

China Sunshine Paper Holdings Co.'s Days Sales Outstanding for the six months ended in Dec. 2025 was 38.84.
China Sunshine Paper Holdings Co.'s Days Inventory for the six months ended in Dec. 2025 was 34.38.
China Sunshine Paper Holdings Co.'s Days Payable for the six months ended in Dec. 2025 was 65.14.
Therefore, China Sunshine Paper Holdings Co.'s Cash Conversion Cycle (CCC) for the six months ended in Dec. 2025 was 8.08.


China Sunshine Paper Holdings Co.  (HKSE:02002) 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 Sunshine Paper Holdings Co. Cash Conversion Cycle Related Terms


China Sunshine Paper Holdings Co. Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for China Sunshine Paper Holdings Co.'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.

China Sunshine Paper Holdings Co. Cash Conversion Cycle Chart

China Sunshine Paper Holdings Co. 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 -1.31 2.14 -5.06 -7.51 -0.18

China Sunshine Paper Holdings Co. Semi-Annual Data
Jun16 Dec16 Jun17 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 Premium Member Only Premium Member Only -6.31 -8.63 -3.97 6.62 8.08

China Sunshine Paper Holdings Co. Cash Conversion Cycle Competitor Comparison

For the Paper & Paper Products subindustry, China Sunshine Paper Holdings Co.'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 Sunshine Paper Holdings Co. Cash Conversion Cycle vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, China Sunshine Paper Holdings Co.'s Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where China Sunshine Paper Holdings Co.'s Cash Conversion Cycle falls into.


HKSE:02002
62GF Score
China Sunshine Paper Holdings Co. Ltd HKSE:02002
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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China Sunshine Paper Holdings Co. 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.

China Sunshine Paper Holdings Co.'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
=34.08+32.34-66.6
=-0.18

China Sunshine Paper Holdings Co.'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
=38.84+34.38-65.14
=8.08

* 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 8.08 mean?
China Sunshine Paper Holdings Co. (HKSE:02002) has a Cash Conversion Cycle of 8.08 as of Dec. 2025. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on China Sunshine Paper Holdings Co. and its competitors.
Is China Sunshine Paper Holdings Co.'s Cash Conversion Cycle too high?
China Sunshine Paper Holdings Co.'s current Cash Conversion Cycle is 8.08. The Forest Products industry median Cash Conversion Cycle is 88.77. China Sunshine Paper Holdings Co.'s value of 8.08 is 90.9% below this industry median. Overall, China Sunshine Paper Holdings Co. has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does China Sunshine Paper Holdings Co.'s Cash Conversion Cycle compare to competitors?
China Sunshine Paper Holdings Co.'s Cash Conversion Cycle of 8.08 can be compared against companies in the Forest Products industry. The industry median Cash Conversion Cycle is 88.77. China Sunshine Paper Holdings Co.'s value of 8.08 is 90.9% below 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 a Forest Products company?
The median Cash Conversion Cycle among Forest Products companies is 88.77, based on 282 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 Sunshine Paper Holdings Co.'s current Cash Conversion Cycle of 8.08 is 90.9% below 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 Sunshine Paper Holdings Co. and its competitors. For the Forest Products industry, the median Cash Conversion Cycle is 88.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Sunshine Paper Holdings Co.'s current Cash Conversion Cycle is 8.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Sunshine Paper Holdings Co. stock overvalued right now?
Based on GuruFocus' analysis, China Sunshine Paper Holdings Co. (HKSE:02002) is currently considered Possible Value Trap. The stock's GF Value™ is HK$1.81, compared to a current price of HK$0.90 — trading 50.3% below its estimated fair value. The current Cash Conversion Cycle is 8.08 and 90.9% below the Forest Products industry median of 88.77. China Sunshine Paper Holdings Co.'s overall GF Score™ is 62/100 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 China Sunshine Paper Holdings Co. (HKSE:02002), the current Cash Conversion Cycle is 8.08 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 Sunshine Paper Holdings Co. (HKSE:02002) Overvalued in 2026?

Based on GuruFocus' analysis, China Sunshine Paper Holdings Co. stock appears to be undervalued. The current stock price of HK$0.90 is trading 50.3% below its estimated GF Value™ of HK$1.81. GuruFocus considers China Sunshine Paper Holdings Co. to be Possible Value Trap.

Key valuation signals for HKSE:02002:

  • Cash Conversion Cycle: 8.08
  • GF Value™: HK$1.81 vs. price of HK$0.90 (50.3% below fair value)
  • GF Score™: 62/100 with 6 warning signs
  • Industry Position: 90.9% below the Forest Products median

No single metric tells the full story. See the HKSE:02002 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Sunshine Paper Holdings Co. Business Description

Address Changle Economic Development Zone, Shandong, Weifang, CHN, 262400
China Sunshine Paper Holdings Co. Ltd is principally engaged in the production & sale of paper products, electricity, & steam. The business activity of the firm is operated through White Top Linerboard, Coated white top liner board, Core Board, Specialised Paper Products, Corrugated Paper, and Electricity & Steam segments. Key revenue is generated from Specialised Paper Products. The company offers products under three categories: Paper, which includes an Uncoated white top test liner, coated white top liner, core board base paper, medium, & specialty paper; Preprint products; & Carton products. Geographically, the company operates in the PRC & Overseas, in which the PRC generates the majority of its revenue.
62GF Score

Get the complete analysis for HKSE:02002

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

HK$0.90
Price
HK$1.81
GF Value