Thinkon Semiconductor Jinzhou (SHSE:688233) Cash Conversion Cycle: 168.72 (As of Mar. 2026)


SHSE:688233 Thinkon Semiconductor Jinzhou Corp SHSE:688233
61 GF Score
Price ¥173.01
GF Value ¥57.97
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Thinkon Semiconductor Jinzhou Cash Conversion Cycle?

Thinkon Semiconductor Jinzhou SHSE:688233 -12.13% 61 Cash Conversion Cycle is 168.72 as of Mar. 2026. GuruFocus rates SHSE:688233 with a GF Score™ of 61/100 and a GF Value™ of ¥57.97 (Significantly Overvalued). The stock has 8 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.

Thinkon Semiconductor Jinzhou's Days Sales Outstanding for the three months ended in Mar. 2026 was 95.94.
Thinkon Semiconductor Jinzhou's Days Inventory for the three months ended in Mar. 2026 was 118.34.
Thinkon Semiconductor Jinzhou's Days Payable for the three months ended in Mar. 2026 was 45.56.
Therefore, Thinkon Semiconductor Jinzhou's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 168.72.


Thinkon Semiconductor Jinzhou  (SHSE:688233) 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.


Thinkon Semiconductor Jinzhou Cash Conversion Cycle Related Terms


Thinkon Semiconductor Jinzhou Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Thinkon Semiconductor Jinzhou'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.

Thinkon Semiconductor Jinzhou Cash Conversion Cycle Chart

Thinkon Semiconductor Jinzhou 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 71.22 172.17 431.49 180.70 149.42

Thinkon Semiconductor Jinzhou 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 131.07 152.44 163.58 158.37 168.72

SHSE:688233 vs AMAT, LRCX, KLAC: Cash Conversion Cycle Comparison

For the Semiconductor Equipment & Materials subindustry, Thinkon Semiconductor Jinzhou'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.


Thinkon Semiconductor Jinzhou Cash Conversion Cycle vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Thinkon Semiconductor Jinzhou's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Thinkon Semiconductor Jinzhou's Cash Conversion Cycle falls into.


SHSE:688233
61GF Score
Thinkon Semiconductor Jinzhou Corp SHSE:688233
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
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Thinkon Semiconductor Jinzhou 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.

Thinkon Semiconductor Jinzhou'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
=88.47+148.82-87.87
=149.42

Thinkon Semiconductor Jinzhou'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
=95.94+118.34-45.56
=168.72

* 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 168.72 mean?
Thinkon Semiconductor Jinzhou (SHSE:688233) has a Cash Conversion Cycle of 168.72 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Thinkon Semiconductor Jinzhou and its competitors.
Is Thinkon Semiconductor Jinzhou's Cash Conversion Cycle too high?
Thinkon Semiconductor Jinzhou's current Cash Conversion Cycle is 168.72. The Semiconductors industry median Cash Conversion Cycle is 116.16. Thinkon Semiconductor Jinzhou's value of 168.72 is 45.2% above this industry median. Overall, Thinkon Semiconductor Jinzhou has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thinkon Semiconductor Jinzhou's Cash Conversion Cycle compare to AMAT and LRCX?
Thinkon Semiconductor Jinzhou's Cash Conversion Cycle of 168.72 can be compared against companies in the Semiconductors industry. The industry median Cash Conversion Cycle is 116.16. Thinkon Semiconductor Jinzhou's value of 168.72 is 45.2% 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 Semiconductors company?
The median Cash Conversion Cycle among Semiconductors companies is 116.16, based on 1,020 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. Thinkon Semiconductor Jinzhou's current Cash Conversion Cycle of 168.72 is 45.2% 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 Thinkon Semiconductor Jinzhou and its competitors. For the Semiconductors industry, the median Cash Conversion Cycle is 116.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thinkon Semiconductor Jinzhou's current Cash Conversion Cycle is 168.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thinkon Semiconductor Jinzhou stock overvalued right now?
Based on GuruFocus' analysis, Thinkon Semiconductor Jinzhou (SHSE:688233) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥57.97, compared to a current price of ¥173.01 — trading 198.4% above its estimated fair value. The current Cash Conversion Cycle is 168.72 and 45.2% above the Semiconductors industry median of 116.16. Thinkon Semiconductor Jinzhou's overall GF Score™ is 61/100 with 8 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 Thinkon Semiconductor Jinzhou (SHSE:688233), the current Cash Conversion Cycle is 168.72 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 Thinkon Semiconductor Jinzhou (SHSE:688233) Overvalued in 2026?

Based on GuruFocus' analysis, Thinkon Semiconductor Jinzhou stock appears to be overvalued. The current stock price of ¥173.01 is trading 198.4% above its estimated GF Value™ of ¥57.97. GuruFocus considers Thinkon Semiconductor Jinzhou to be Significantly Overvalued.

Key valuation signals for SHSE:688233:

  • Cash Conversion Cycle: 168.72
  • GF Value™: ¥57.97 vs. price of ¥173.01 (198.4% above fair value)
  • GF Score™: 61/100 with 8 warning signs
  • Industry Position: 45.2% above the Semiconductors median

No single metric tells the full story. See the SHSE:688233 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Thinkon Semiconductor Jinzhou Business Description

Address No. 46 Zhongxin Road, Taihe District, Liaoning Province, Jinzhou, CHN, 121000
Thinkon Semiconductor Jinzhou Corp is engaged in research, development, production, and sales of monocrystalline silicon materials for integrated circuit etching. The company's products portfolio includes Large Diameter Silicon Rods, Large Diameter Silicon Tubes, Monocrystalline silicon disk, Single crystal silicon ring, and Silicon wafer.
61GF Score

Get the complete analysis for SHSE:688233

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

¥173.01
Price
¥57.97
GF Value