Harn Engineering Solutions Public Company Limited (HARN) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.032x

Based on the latest financial reports, Harn Engineering Solutions Public Company Limited (HARN) has a cash flow conversion efficiency ratio of 0.032x as of September 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 (฿44.28 Million ≈ $1.38 Million USD) by net assets (฿1.37 Billion ≈ $42.59 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Harn Engineering Solutions Public Company Limited - Cash Flow Conversion Efficiency Trend (2012–2024)

This chart illustrates how Harn Engineering Solutions Public Company Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read Harn Engineering Solutions Public Compan total liabilities for a breakdown of total debt and financial obligations.

Harn Engineering Solutions Public Company Limited Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Harn Engineering Solutions Public Company Limited ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Societe d Exploration Miniere Vior Inc V:VIO	0.001x
Hsinjing Holding Co Ltd TWO:3713	0.028x
4C Group AB ST:4C	0.019x
Destination XL Group Inc NASDAQ:DXLG	0.049x
Aciselsan Acipayam Seluloz Sanayi Ve Ticaret AS IS:ACSEL	0.026x
Mas Murni Indonesia Tbk JK:MAMI	0.000x
Usio Inc NASDAQ:USIO	0.016x
Myungmoon Phar KO:017180	0.005x

Annual Cash Flow Conversion Efficiency for Harn Engineering Solutions Public Company Limited (2012–2024)

The table below shows the annual cash flow conversion efficiency of Harn Engineering Solutions Public Company Limited from 2012 to 2024. For the full company profile with market capitalisation and key ratios, see HARN stock market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	฿1.38 Billion ≈ $42.95 Million	฿117.18 Million ≈ $3.65 Million	0.085x	-40.48%
2023-12-31	฿1.38 Billion ≈ $43.11 Million	฿197.61 Million ≈ $6.16 Million	0.143x	+109.47%
2022-12-31	฿1.35 Billion ≈ $42.04 Million	฿91.98 Million ≈ $2.87 Million	0.068x	+31.76%
2021-12-31	฿1.32 Billion ≈ $41.10 Million	฿68.25 Million ≈ $2.13 Million	0.052x	-63.02%
2020-12-31	฿1.32 Billion ≈ $41.07 Million	฿184.44 Million ≈ $5.75 Million	0.140x	+22.52%
2019-12-31	฿1.32 Billion ≈ $41.20 Million	฿151.00 Million ≈ $4.71 Million	0.114x	-11.42%
2018-12-31	฿1.27 Billion ≈ $39.50 Million	฿163.44 Million ≈ $5.09 Million	0.129x	+46.23%
2017-12-31	฿1.21 Billion ≈ $37.86 Million	฿107.14 Million ≈ $3.34 Million	0.088x	+473.58%
2016-12-31	฿1.14 Billion ≈ $35.46 Million	฿17.49 Million ≈ $545.27K	0.015x	-86.20%
2015-12-31	฿451.80 Million ≈ $14.08 Million	฿50.35 Million ≈ $1.57 Million	0.111x	-18.27%
2014-12-31	฿460.53 Million ≈ $14.35 Million	฿62.79 Million ≈ $1.96 Million	0.136x	-57.32%
2013-12-31	฿175.71 Million ≈ $5.48 Million	฿56.13 Million ≈ $1.75 Million	0.319x	-10.27%
2012-12-31	฿144.32 Million ≈ $4.50 Million	฿51.38 Million ≈ $1.60 Million	0.356x	--

About Harn Engineering Solutions Public Company Limited

BK:HARN Thailand Security & Protection Services

Market Cap

$36.07 Million

฿1.16 Billion THB

Market Cap Rank

#23167 Global

#413 in Thailand

Share Price

฿1.98

Change (1 day)

-0.50%

52-Week Range

฿1.92 - ฿2.08

All Time High

฿2.48