Solareast Holdings Co (SHSE:603366) Cash Conversion Cycle: -2.87 (As of Mar. 2026)

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SHSE:603366 Solareast Holdings Co Ltd SHSE:603366
71 GF Score
Price ¥6.84
GF Value ¥7.77
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Solareast Holdings Co Cash Conversion Cycle?

Solareast Holdings Co SHSE:603366 -1.30% 71 Cash Conversion Cycle is -2.87 as of Mar. 2026. GuruFocus rates SHSE:603366 with a GF Score™ of 71/100 and a GF Value™ of ¥7.77 (Modestly Undervalued). The stock has 7 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.

Solareast Holdings Co's Days Sales Outstanding for the three months ended in Mar. 2026 was 48.51.
Solareast Holdings Co's Days Inventory for the three months ended in Mar. 2026 was 98.35.
Solareast Holdings Co's Days Payable for the three months ended in Mar. 2026 was 149.73.
Therefore, Solareast Holdings Co's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was -2.87.


Solareast Holdings Co  (SHSE:603366) 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.


Solareast Holdings Co Cash Conversion Cycle Related Terms


Solareast Holdings Co Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Solareast 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.

Solareast Holdings Co Cash Conversion Cycle Chart

Solareast 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 -16.02 10.23 9.40 -0.47 -9.19

Solareast Holdings 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 9.22 10.22 -2.71 -1.88 -2.87

SHSE:603366 vs FSLR, NXT, ENPH: Cash Conversion Cycle Comparison

For the Solar subindustry, Solareast 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.


Solareast Holdings Co Cash Conversion Cycle vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Solareast Holdings Co's Cash Conversion Cycle distribution charts can be found below:

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


SHSE:603366
71GF Score
Solareast Holdings Co Ltd SHSE:603366
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Solareast 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.

Solareast 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
=43.08+69.37-121.64
=-9.19

Solareast Holdings 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
=48.51+98.35-149.73
=-2.87

* 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 -2.87 mean?
Solareast Holdings Co (SHSE:603366) has a Cash Conversion Cycle of -2.87 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Solareast Holdings Co and its competitors.
Is Solareast Holdings Co's Cash Conversion Cycle too high?
Solareast Holdings Co's current Cash Conversion Cycle is -2.87. Overall, Solareast Holdings Co has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Solareast Holdings Co's Cash Conversion Cycle compare to FSLR and NXT?
Solareast Holdings Co's Cash Conversion Cycle of -2.87 can be compared against companies in the Semiconductors industry. The industry median Cash Conversion Cycle is 116.46. 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 Semiconductors company?
The median Cash Conversion Cycle among Semiconductors companies is 116.46, based on 1,022 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 Solareast Holdings Co and its competitors. For the Semiconductors industry, the median Cash Conversion Cycle is 116.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solareast Holdings Co's current Cash Conversion Cycle is -2.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solareast Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Solareast Holdings Co (SHSE:603366) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥7.77, compared to a current price of ¥6.84 — trading 12% below its estimated fair value. The current Cash Conversion Cycle is -2.87. Solareast Holdings Co's overall GF Score™ is 71/100 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 Solareast Holdings Co (SHSE:603366), the current Cash Conversion Cycle is -2.87 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 Solareast Holdings Co (SHSE:603366) Overvalued in 2026?

Based on GuruFocus' analysis, Solareast Holdings Co stock appears to be undervalued. The current stock price of ¥6.84 is trading 12% below its estimated GF Value™ of ¥7.77. GuruFocus considers Solareast Holdings Co to be Modestly Undervalued.

Key valuation signals for SHSE:603366:

  • Cash Conversion Cycle: -2.87
  • GF Value™: ¥7.77 vs. price of ¥6.84 (12% below fair value)
  • GF Score™: 71/100 with 7 warning signs

No single metric tells the full story. See the SHSE:603366 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Solareast Holdings Co Business Description

Address Ninghai Industrial Zone, Lianyungang, Jiangsu Province, CHN, 222243
Solareast Holdings Co Ltd, formerly Jiangsu Sunrain Solar Energy Co Ltd operates in the solar energy industry. It is specialized in research and application of solar energy. The company's products are exported to more than 100 countries and regions all over the world. It provides solutions for healthy hot water and water purification system. The product range includes heat pipe collector R1, U pipe collector, domestic series heat pump, non-pressure solar water heater, pressurized pre-heated solar water heater and solar charger.
71GF Score

Get the complete analysis for SHSE:603366

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

¥6.84
Price
¥7.77
GF Value