Hoshine Silicon Industry Co (SHSE:603260) Cash Conversion Cycle: -217.02 (As of Mar. 2026)

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SHSE:603260 Hoshine Silicon Industry Co Ltd SHSE:603260
75 GF Score
Price ¥33.54
GF Value ¥46.63
Valuation Modestly Undervalued
! 10 Warning Signs
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What is Hoshine Silicon Industry Co Cash Conversion Cycle?

Hoshine Silicon Industry Co SHSE:603260 +0.75% 75 Cash Conversion Cycle is -217.02 as of Mar. 2026. GuruFocus rates SHSE:603260 with a GF Score™ of 75/100 and a GF Value™ of ¥46.63 (Modestly Undervalued). The stock has 10 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.

Hoshine Silicon Industry Co's Days Sales Outstanding for the three months ended in Mar. 2026 was 13.79.
Hoshine Silicon Industry Co's Days Inventory for the three months ended in Mar. 2026 was 148.67.
Hoshine Silicon Industry Co's Days Payable for the three months ended in Mar. 2026 was 379.48.
Therefore, Hoshine Silicon Industry Co's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was -217.02.


Hoshine Silicon Industry Co  (SHSE:603260) 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.


Hoshine Silicon Industry Co Cash Conversion Cycle Related Terms


Hoshine Silicon Industry Co Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Hoshine Silicon Industry 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.

Hoshine Silicon Industry Co Cash Conversion Cycle Chart

Hoshine Silicon Industry 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 -8.82 1.10 -67.96 -140.35 -183.23

Hoshine Silicon Industry Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -181.48 -184.61 -187.73 -181.84 -217.02

SHSE:603260 vs DOW: Cash Conversion Cycle Comparison

For the Chemicals subindustry, Hoshine Silicon Industry 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.


Hoshine Silicon Industry Co Cash Conversion Cycle vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Hoshine Silicon Industry Co's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Hoshine Silicon Industry Co's Cash Conversion Cycle falls into.


SHSE:603260
75GF Score
Hoshine Silicon Industry Co Ltd SHSE:603260
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Hoshine Silicon Industry 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.

Hoshine Silicon Industry 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
=10.28+159.58-353.09
=-183.23

Hoshine Silicon Industry Co's Cash Conversion Cycle for the quarter that ended in Mar. 2026 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=13.79+148.67-379.48
=-217.02

* 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 -217.02 mean?
Hoshine Silicon Industry Co (SHSE:603260) has a Cash Conversion Cycle of -217.02 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Hoshine Silicon Industry Co and its competitors.
Is Hoshine Silicon Industry Co's Cash Conversion Cycle too high?
Hoshine Silicon Industry Co's current Cash Conversion Cycle is -217.02. Overall, Hoshine Silicon Industry Co has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hoshine Silicon Industry Co's Cash Conversion Cycle compare to DOW?
Hoshine Silicon Industry Co's Cash Conversion Cycle of -217.02 can be compared against companies in the Chemicals industry. The industry median Cash Conversion Cycle is 88.82. 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 Chemicals company?
The median Cash Conversion Cycle among Chemicals companies is 88.82, based on 1,580 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. 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 Hoshine Silicon Industry Co and its competitors. For the Chemicals industry, the median Cash Conversion Cycle is 88.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hoshine Silicon Industry Co's current Cash Conversion Cycle is -217.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hoshine Silicon Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Hoshine Silicon Industry Co (SHSE:603260) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥46.63, compared to a current price of ¥33.54 — trading 28.1% below its estimated fair value. The current Cash Conversion Cycle is -217.02. Hoshine Silicon Industry Co's overall GF Score™ is 75/100 with 10 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 Hoshine Silicon Industry Co (SHSE:603260), the current Cash Conversion Cycle is -217.02 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 Hoshine Silicon Industry Co (SHSE:603260) Overvalued in 2026?

Based on GuruFocus' analysis, Hoshine Silicon Industry Co stock appears to be undervalued. The current stock price of ¥33.54 is trading 28.1% below its estimated GF Value™ of ¥46.63. GuruFocus considers Hoshine Silicon Industry Co to be Modestly Undervalued.

Key valuation signals for SHSE:603260:

  • Cash Conversion Cycle: -217.02
  • GF Value™: ¥46.63 vs. price of ¥33.54 (28.1% below fair value)
  • GF Score™: 75/100 with 10 warning signs

No single metric tells the full story. See the SHSE:603260 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hoshine Silicon Industry Co Business Description

Address No. 1988, North Third Ring Road East, 23-24th Floor, Building A, Hengyuan Plaza, Zhejiang Province, Ningbo, CHN, 315300
Hoshine Silicon Industry Co Ltd is engaged in research and development, production, and sales of new silicon-based materials such as industrial silicon and organic silicon. The company's main products include industrial silicon and organosilicon, as well as polysilicon products.
75GF Score

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

¥33.54
Price
¥46.63
GF Value