Fangda Carbon New Material Co (SHSE:600516) 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.
Fangda Carbon New Material Co Cash Conversion Cycle Related Terms
Fangda Carbon New Material Co 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.
Fangda Carbon New Material Co Cash Conversion Cycle Chart
SHSE:600516 vs APH, GLW: Cash Conversion Cycle Comparison
For the Electronic Components subindustry, Fangda Carbon New Material 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.
Fangda Carbon New Material Co Cash Conversion Cycle vs Hardware Industry
For the Hardware industry and Technology sector, Fangda Carbon New Material Co's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Fangda Carbon New Material Co's Cash Conversion Cycle falls into.
Fangda Carbon New Material 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.
* 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.
Fangda Carbon New Material Co (SHSE:600516) has a Cash Conversion Cycle of 141.58 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Fangda Carbon New Material Co and its competitors.
Is Fangda Carbon New Material Co's Cash Conversion Cycle too high?
Fangda Carbon New Material Co's current Cash Conversion Cycle is 141.58. The Hardware industry median Cash Conversion Cycle is 98.95. Fangda Carbon New Material Co's value of 141.58 is 43.1% above this industry median. Overall, Fangda Carbon New Material Co has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fangda Carbon New Material Co's Cash Conversion Cycle compare to APH and GLW?
Fangda Carbon New Material Co's Cash Conversion Cycle of 141.58 can be compared against companies in the Hardware industry. The industry median Cash Conversion Cycle is 98.95. Fangda Carbon New Material Co's value of 141.58 is 43.1% 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 a Hardware company?
The median Cash Conversion Cycle among Hardware companies is 98.95, based on 2,482 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. Fangda Carbon New Material Co's current Cash Conversion Cycle of 141.58 is 43.1% 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 Fangda Carbon New Material Co and its competitors. For the Hardware industry, the median Cash Conversion Cycle is 98.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fangda Carbon New Material Co's current Cash Conversion Cycle is 141.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fangda Carbon New Material Co stock overvalued right now?
Based on GuruFocus' analysis, Fangda Carbon New Material Co (SHSE:600516) is currently considered Fairly Valued. The stock's GF Value™ is ¥4.73, compared to a current price of ¥5.15 — trading 8.9% above its estimated fair value. The current Cash Conversion Cycle is 141.58 and 43.1% above the Hardware industry median of 98.95. Fangda Carbon New Material Co's overall GF Score™ is 65/100 with 5 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 Fangda Carbon New Material Co (SHSE:600516), the current Cash Conversion Cycle is 141.58 as of Mar. 2026. 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 Fangda Carbon New Material Co (SHSE:600516) Overvalued in 2026?
Based on GuruFocus' analysis, Fangda Carbon New Material Co stock appears to be overvalued.
The current stock price of ¥5.15 is trading 8.9% above its estimated GF Value™ of ¥4.73.
GuruFocus considers Fangda Carbon New Material Co to be Fairly Valued.
Key valuation signals for SHSE:600516:
Cash Conversion Cycle: 141.58
GF Value™: ¥4.73 vs. price of ¥5.15 (8.9% above fair value)
Industry Position: 43.1% above the Hardware median
No single metric tells the full story. See the SHSE:600516 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fangda Carbon New Material Co Business Description
Fangda Carbon New Material Co Ltd is a China-based company engaged in the production and sales of graphite and carbon products. Its main products include ultra-high power, high power and common power graphite electrodes, microporous carbon bricks, semi-graphite carbon bricks, aluminum carbon bricks, isostatic graphite products, special graphite products, biological carbon products and carbon composite materials, among others.
65GF Score
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