The conversion rate is equal to (current operating income divided by contract amount) multiplied by 100%. According to the query of 360 human databases, the calculation formula of the contract amount conversion rate is: the current conversion rate of the project under construction is equal to (current operating income divided by the contract amount) multiplied by 100%, and the target conversion rate is basically close to the time completion ratio of the project. However, due to the different stages of the project, the average daily output value of each stage is slightly different.