Hwa Fong Rubber (Thailand) Public Company Limited Cash Flow Conversion Efficiency
Hwa Fong Rubber (Thailand) Public Company Limited cash flow conversion efficiency. Based on the latest financial reports, Hwa Fong Rubber (Thailand) Public Company Limited (HFT) has a cash flow conversion efficiency ratio of 0.045x 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 (฿167.37 Million ≈ $5.22 Million USD) by net assets (฿3.73 Billion ≈ $116.27 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of Hwa Fong Rubber (Thailand) Public Company Limited (2003–2024)
Cash flow conversion efficiency of Hwa Fong Rubber (Thailand) Public Company Limited from 2003 to 2024. This chart illustrates how Hwa Fong Rubber (Thailand) Public Company Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. View HFT stock price for real-time trading data and today's change.
Hwa Fong Rubber (Thailand) Public Company Limited Cash Flow Conversion Ratio Explained
Hwa Fong Rubber (Thailand) Public Company Limited cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
Hwa Fong Rubber (Thailand) Public Company Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Hwa Fong Rubber (Thailand) Public Company Limited ranked by their cash flow conversion efficiency. Also see HFT market cap for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Transaction Capital
JSE:TCP
|
-0.519x |
|
Globe International Ltd
AU:GLB
|
0.097x |
|
Les Docks des Pétroles d-Ambès - SA
PA:DPAM
|
0.052x |
|
Méliuz S.A
SA:CASH3
|
0.050x |
|
S.D. STANDARD ETC DL-03
F:S1P
|
0.110x |
|
Ying Han Technology Co Ltd
TW:4562
|
0.009x |
|
GSD Holding AS
IS:GSDHO
|
0.028x |
|
Chuwa Wool Industry Co Taiwan Ltd
TW:1439
|
0.032x |
Annual Cash Flow Conversion Efficiency for Hwa Fong Rubber (Thailand) Public Company Limited (2003–2024)
The table below shows the annual cash flow conversion efficiency of Hwa Fong Rubber (Thailand) Public Company Limited from 2003 to 2024. Review HFT free cash flow to operating cash ratio to assess how much free cash flow the company generates relative to operating cash flow.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | ฿3.62 Billion ≈ $112.95 Million |
฿287.74 Million ≈ $8.97 Million |
0.079x | -42.98% |
| 2023-12-31 | ฿3.61 Billion ≈ $112.57 Million |
฿502.97 Million ≈ $15.68 Million |
0.139x | -32.86% |
| 2022-12-31 | ฿3.61 Billion ≈ $112.58 Million |
฿749.23 Million ≈ $23.35 Million |
0.207x | +702.36% |
| 2021-12-31 | ฿3.54 Billion ≈ $110.30 Million |
฿91.49 Million ≈ $2.85 Million |
0.026x | -85.27% |
| 2020-12-31 | ฿3.25 Billion ≈ $101.39 Million |
฿571.03 Million ≈ $17.80 Million |
0.176x | +16.25% |
| 2019-12-31 | ฿2.95 Billion ≈ $91.87 Million |
฿445.09 Million ≈ $13.87 Million |
0.151x | +34.90% |
| 2018-12-31 | ฿2.81 Billion ≈ $87.51 Million |
฿314.26 Million ≈ $9.80 Million |
0.112x | +92.98% |
| 2017-12-31 | ฿2.73 Billion ≈ $85.13 Million |
฿158.42 Million ≈ $4.94 Million |
0.058x | -65.20% |
| 2016-12-31 | ฿2.56 Billion ≈ $79.75 Million |
฿426.40 Million ≈ $13.29 Million |
0.167x | -31.71% |
| 2015-12-31 | ฿2.34 Billion ≈ $72.78 Million |
฿569.86 Million ≈ $17.76 Million |
0.244x | +184.90% |
| 2014-12-31 | ฿2.04 Billion ≈ $63.59 Million |
฿174.78 Million ≈ $5.45 Million |
0.086x | -56.54% |
| 2013-12-31 | ฿1.86 Billion ≈ $57.85 Million |
฿365.81 Million ≈ $11.40 Million |
0.197x | -16.66% |
| 2012-12-31 | ฿1.53 Billion ≈ $47.72 Million |
฿362.09 Million ≈ $11.29 Million |
0.236x | +63.26% |
| 2011-12-31 | ฿1.35 Billion ≈ $42.01 Million |
฿195.24 Million ≈ $6.09 Million |
0.145x | +53.43% |
| 2010-12-31 | ฿1.37 Billion ≈ $42.80 Million |
฿129.65 Million ≈ $4.04 Million |
0.094x | -76.89% |
| 2009-12-31 | ฿1.34 Billion ≈ $41.67 Million |
฿546.23 Million ≈ $17.03 Million |
0.409x | +946.00% |
| 2008-12-31 | ฿1.35 Billion ≈ $42.17 Million |
฿52.86 Million ≈ $1.65 Million |
0.039x | -74.72% |
| 2007-12-31 | ฿1.36 Billion ≈ $42.36 Million |
฿210.04 Million ≈ $6.55 Million |
0.155x | -5.43% |
| 2006-12-31 | ฿1.33 Billion ≈ $41.39 Million |
฿216.98 Million ≈ $6.76 Million |
0.163x | +187.43% |
| 2005-12-31 | ฿1.09 Billion ≈ $33.84 Million |
฿-202.94 Million ≈ $-6.33 Million |
-0.187x | -117079.51% |
| 2004-12-31 | ฿1.19 Billion ≈ $37.21 Million |
฿-190.43K ≈ $-5.94K |
0.000x | -100.12% |
| 2003-12-31 | ฿1.19 Billion ≈ $36.97 Million |
฿153.33 Million ≈ $4.78 Million |
0.129x | -- |
About Hwa Fong Rubber (Thailand) Public Company Limited
Hwa Fong Rubber (Thailand) Public Company Limited, together with its subsidiaries, manufactures and distributes tires and tubes for bicycles, motorcycles, and small logistics vehicles in Thailand, rest of Asia, Europe, the United States, and internationally. It operates in two segments, Sales of Goods and Services, and Investment. The company offers tires for motorcycles, including sport, scooter… Read more