Hitech Group Australia Ltd
HiTech Group Australia Limited provides recruitment services for permanent and contract staff to the information and communications technology (ICT) industry in public and private sectors in Australia. The company's ICT contracting services include the provision of ICT professionals for temporary and other non-permanent staffing needs of clients for specific projects. It offers personnel services… Read more
Hitech Group Australia Ltd (HIT) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2025: 0.234x
Based on the latest financial reports, Hitech Group Australia Ltd (HIT) has a cash flow conversion efficiency ratio of 0.234x as of June 2025.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (AU$2.71 Million) by net assets (AU$11.57 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Hitech Group Australia Ltd - Cash Flow Conversion Efficiency Trend (1999–2025)
This chart illustrates how Hitech Group Australia Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Hitech Group Australia Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Hitech Group Australia Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Infobird Co Ltd
NASDAQ:IFBD
|
0.016x |
|
VD ASSUR HLDG N -B- (VAHB.SG)
STU:VAHB
|
0.007x |
|
Rodrigo Tekstil Sanayi ve Ticaret AS
IS:RODRG
|
0.051x |
|
Cuhadaroglu Metal Sanayi ve Pazarlama AS
IS:CUSAN
|
0.187x |
|
Post and Telecommunications Investment and Construction JSC
VN:PTC
|
N/A |
|
Sarawak Consolidated Industries Bhd
KLSE:9237
|
-0.038x |
|
iAnthus Capital Holdings Inc
PINK:ITHUF
|
0.057x |
|
REG.HEALTH.PROP.INC.
F:2YZ
|
N/A |
Annual Cash Flow Conversion Efficiency for Hitech Group Australia Ltd (1999–2025)
The table below shows the annual cash flow conversion efficiency of Hitech Group Australia Ltd from 1999 to 2025.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-06-30 | AU$11.57 Million | AU$2.68 Million | 0.232x | -66.22% |
| 2024-06-30 | AU$9.42 Million | AU$6.46 Million | 0.685x | -15.80% |
| 2023-06-30 | AU$7.61 Million | AU$6.19 Million | 0.814x | -19.19% |
| 2022-06-30 | AU$7.43 Million | AU$7.49 Million | 1.007x | +120.98% |
| 2021-06-30 | AU$6.32 Million | AU$2.88 Million | 0.456x | -38.18% |
| 2020-06-30 | AU$6.99 Million | AU$5.15 Million | 0.737x | +70.99% |
| 2019-06-30 | AU$7.27 Million | AU$3.13 Million | 0.431x | -0.70% |
| 2018-06-30 | AU$7.41 Million | AU$3.22 Million | 0.434x | +54.04% |
| 2017-06-30 | AU$6.66 Million | AU$1.88 Million | 0.282x | -13.57% |
| 2016-06-30 | AU$5.95 Million | AU$1.94 Million | 0.326x | +4.53% |
| 2015-06-30 | AU$3.75 Million | AU$1.17 Million | 0.312x | +4804.12% |
| 2014-06-30 | AU$2.94 Million | AU$-19.50K | -0.007x | -102.43% |
| 2013-06-30 | AU$3.24 Million | AU$884.43K | 0.273x | +9.01% |
| 2012-06-30 | AU$3.08 Million | AU$769.83K | 0.250x | +87.29% |
| 2011-06-30 | AU$2.52 Million | AU$336.65K | 0.134x | +205.27% |
| 2010-06-30 | AU$1.87 Million | AU$-237.50K | -0.127x | -25.54% |
| 2009-06-30 | AU$1.73 Million | AU$-175.35K | -0.101x | -50.43% |
| 2008-06-30 | AU$2.61 Million | AU$-175.55K | -0.067x | -166.19% |
| 2007-06-30 | AU$2.33 Million | AU$236.51K | 0.102x | +5.19% |
| 2006-06-30 | AU$2.05 Million | AU$197.57K | 0.097x | +274.48% |
| 2005-06-30 | AU$1.99 Million | AU$-110.15K | -0.055x | -214.11% |
| 2004-06-30 | AU$1.99 Million | AU$96.51K | 0.048x | +159.36% |
| 2003-06-30 | AU$1.85 Million | AU$-150.76K | -0.082x | -374.68% |
| 2002-06-30 | AU$3.39 Million | AU$100.88K | 0.030x | -95.85% |
| 2001-06-30 | AU$4.11 Million | AU$2.94 Million | 0.717x | +105.66% |
| 2000-06-30 | AU$3.50 Million | AU$1.22 Million | 0.349x | -45.60% |
| 1999-06-30 | AU$3.14 Million | AU$2.01 Million | 0.641x | -- |