Honghua Group Limited
Honghua Group Limited, an investment holding company, engages in the research, design, manufacture, setting, and sale of land rigs, and related parts and components. The company operates through five segments: Land Drilling Rigs; Parts and Components and Others; Drilling Engineering Services; Fracturing Services; and Offshore Engineering. The company offers drilling rigs equipment, such as smart,… Read more
Honghua Group Limited (4HB) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2023: 0.013x
Based on the latest financial reports, Honghua Group Limited (4HB) has a cash flow conversion efficiency ratio of 0.013x as of June 2023.
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 (€40.37 Million) by net assets (€3.03 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Honghua Group Limited - Cash Flow Conversion Efficiency Trend (2013–2024)
This chart illustrates how Honghua Group Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Honghua Group Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Honghua Group Limited ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Gen Ilac ve Saglik Urunleri Sanayi ve Ticaret AS
IS:GENIL
|
0.018x |
|
SWANDEF
NSE:SWANDEF
|
N/A |
|
CORZR
PINK:CORZR
|
N/A |
|
Kolmar Holding
KO:024720
|
0.006x |
|
Globalworth REIT
LSE:GWI
|
0.022x |
|
Granite Point Mortgage Trust Inc
NYSE:GPMT
|
0.003x |
|
Ubright Optronics
TWO:4933
|
0.047x |
|
Fonet Bilgi Teknolojileri AS
IS:FONET
|
0.102x |
Annual Cash Flow Conversion Efficiency for Honghua Group Limited (2013–2024)
The table below shows the annual cash flow conversion efficiency of Honghua Group Limited from 2013 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | €3.66 Billion | €678.33 Million | 0.185x | +968.60% |
| 2023-12-31 | €3.58 Billion | €62.04 Million | 0.017x | +124.48% |
| 2022-12-31 | €3.19 Billion | €-226.01 Million | -0.071x | +73.04% |
| 2021-12-31 | €3.75 Billion | €-983.43 Million | -0.263x | -612.08% |
| 2020-12-31 | €4.49 Billion | €-165.69 Million | -0.037x | -260.34% |
| 2019-12-31 | €4.48 Billion | €103.01 Million | 0.023x | -78.55% |
| 2018-12-31 | €4.32 Billion | €462.95 Million | 0.107x | +4.82% |
| 2017-12-31 | €4.18 Billion | €427.20 Million | 0.102x | +586.91% |
| 2016-12-31 | €4.08 Billion | €60.79 Million | 0.015x | -87.28% |
| 2015-12-31 | €4.77 Billion | €558.64 Million | 0.117x | +82.19% |
| 2014-12-31 | €4.96 Billion | €318.80 Million | 0.064x | +198.25% |
| 2013-12-31 | €4.96 Billion | €-324.15 Million | -0.065x | -- |