Crystal Growth and Energy Equipment (SHSE:688478) Cash Conversion Cycle: 9,013.09 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:688478 Crystal Growth and Energy Equipment Inc SHSE:688478
57 GF Score
Price ¥47.28
GF Value ¥3.61
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Crystal Growth and Energy Equipment Cash Conversion Cycle?

Crystal Growth and Energy Equipment SHSE:688478 +10.42% 57 Cash Conversion Cycle is 9,013.09 as of Mar. 2026. GuruFocus rates SHSE:688478 with a GF Score™ of 57/100 and a GF Value™ of ¥3.61 (Significantly Overvalued). 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.

Crystal Growth and Energy Equipment's Days Sales Outstanding for the three months ended in Mar. 2026 was 1925.35.
Crystal Growth and Energy Equipment's Days Inventory for the three months ended in Mar. 2026 was 11609.1.
Crystal Growth and Energy Equipment's Days Payable for the three months ended in Mar. 2026 was 4521.36.
Therefore, Crystal Growth and Energy Equipment's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2026 was 9,013.09.


Crystal Growth and Energy Equipment  (SHSE:688478) 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.


Crystal Growth and Energy Equipment Cash Conversion Cycle Related Terms


Crystal Growth and Energy Equipment Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Crystal Growth and Energy Equipment'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.

Crystal Growth and Energy Equipment Cash Conversion Cycle Chart

Crystal Growth and Energy Equipment Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cash Conversion Cycle
Get a 7-Day Free Trial 175.87 195.96 162.17 167.82 561.54

Crystal Growth and Energy Equipment Quarterly Data
Dec20 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 245.61 1,989.55 1,558.94 1,872.80 9,013.09

SHSE:688478 vs GEV, ETN, PH: Cash Conversion Cycle Comparison

For the Specialty Industrial Machinery subindustry, Crystal Growth and Energy Equipment'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.


Crystal Growth and Energy Equipment Cash Conversion Cycle vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Crystal Growth and Energy Equipment's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Crystal Growth and Energy Equipment's Cash Conversion Cycle falls into.


SHSE:688478
57GF Score
Crystal Growth and Energy Equipment Inc SHSE:688478
Cash Conversion Cycle is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Crystal Growth and Energy Equipment 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.

Crystal Growth and Energy Equipment'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
=278.79+890.96-608.21
=561.54

Crystal Growth and Energy Equipment'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
=1925.35+11609.1-4521.36
=9,013.09

* 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 9,013.09 mean?
Crystal Growth and Energy Equipment (SHSE:688478) has a Cash Conversion Cycle of 9,013.09 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Crystal Growth and Energy Equipment and its competitors.
Is Crystal Growth and Energy Equipment's Cash Conversion Cycle too high?
Crystal Growth and Energy Equipment's current Cash Conversion Cycle is 9,013.09. The Industrial Products industry median Cash Conversion Cycle is 122.29. Crystal Growth and Energy Equipment's value of 9,013.09 is 7270.3% above this industry median. Overall, Crystal Growth and Energy Equipment has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Crystal Growth and Energy Equipment's Cash Conversion Cycle compare to GEV and ETN?
Crystal Growth and Energy Equipment's Cash Conversion Cycle of 9,013.09 can be compared against companies in the Industrial Products industry. The industry median Cash Conversion Cycle is 122.29. Crystal Growth and Energy Equipment's value of 9,013.09 is 7270.3% 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 an Industrial Products company?
The median Cash Conversion Cycle among Industrial Products companies is 122.29, based on 3,032 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. Crystal Growth and Energy Equipment's current Cash Conversion Cycle of 9,013.09 is 7270.3% 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 Crystal Growth and Energy Equipment and its competitors. For the Industrial Products industry, the median Cash Conversion Cycle is 122.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Crystal Growth and Energy Equipment's current Cash Conversion Cycle is 9,013.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Crystal Growth and Energy Equipment stock overvalued right now?
Based on GuruFocus' analysis, Crystal Growth and Energy Equipment (SHSE:688478) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥3.61, compared to a current price of ¥47.28 — trading 1209.7% above its estimated fair value. The current Cash Conversion Cycle is 9,013.09 and 7270.3% above the Industrial Products industry median of 122.29. Crystal Growth and Energy Equipment's overall GF Score™ is 57/100 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 Crystal Growth and Energy Equipment (SHSE:688478), the current Cash Conversion Cycle is 9,013.09 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 Crystal Growth and Energy Equipment (SHSE:688478) Overvalued in 2026?

Based on GuruFocus' analysis, Crystal Growth and Energy Equipment stock appears to be overvalued. The current stock price of ¥47.28 is trading 1209.7% above its estimated GF Value™ of ¥3.61. GuruFocus considers Crystal Growth and Energy Equipment to be Significantly Overvalued.

Key valuation signals for SHSE:688478:

  • Cash Conversion Cycle: 9,013.09
  • GF Value™: ¥3.61 vs. price of ¥47.28 (1209.7% above fair value)
  • GF Score™: 57/100 with 6 warning signs
  • Industry Position: 7270.3% above the Industrial Products median

No single metric tells the full story. See the SHSE:688478 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Crystal Growth and Energy Equipment Business Description

Address Hongfeng Science and Technology Park, Economic and Technological Development Zone, Jiangsu Province, West side of Building B4, Nanjing, CHN, 210000
Crystal Growth and Energy Equipment Inc specializes in the development of 8-12-inch semiconductor-grade silicon single crystal furnaces, 6-8-inch silicon carbide, gallium arsenide and other semiconductor material growth equipment and processes.
57GF Score

Get the complete analysis for SHSE:688478

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

¥47.28
Price
¥3.61
GF Value