Hisense Home Appliances Group Co. Ltd (GKE) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Hisense Home Appliances Group Co. Ltd (GKE) has a cash flow conversion efficiency ratio of 0.264x as of September 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 (€4.89 Billion ≈ $5.72 Billion USD) by net assets (€18.52 Billion ≈ $21.66 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Hisense Home Appliances Group Co. Ltd - Cash Flow Conversion Efficiency Trend (2013–2024)
This chart illustrates how Hisense Home Appliances Group Co. Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read GKE total liabilities for a breakdown of total debt and financial obligations.
Hisense Home Appliances Group Co. Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Hisense Home Appliances Group Co. Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Xinlei Compressor Co. Ltd. A
SHE:301317
|
N/A |
|
Jadard Technology Inc. A
SHG:688252
|
N/A |
|
Crayon Group Holding ASA
OL:CRAYN
|
0.639x |
|
Zhejiang Jinggong Science Technology
SHE:002006
|
-0.013x |
|
NMDC Steel Limited
NSE:NSLNISP
|
0.063x |
|
Anhui Water Resources Development Co Ltd
SHG:600502
|
0.027x |
|
Hubei Jiuzhiyang Infrared System Co Ltd
SHE:300516
|
0.011x |
|
Sila Realty Trust, Inc.
NYSE:SILA
|
0.025x |
Annual Cash Flow Conversion Efficiency for Hisense Home Appliances Group Co. Ltd (2013–2024)
The table below shows the annual cash flow conversion efficiency of Hisense Home Appliances Group Co. Ltd from 2013 to 2024. For the full company profile with market capitalisation and key ratios, see Hisense Home Appliances Group Co. Ltd stock valuation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | €19.37 Billion ≈ $22.65 Billion |
€5.13 Billion ≈ $6.00 Billion |
0.265x | -51.58% |
| 2023-12-31 | €19.40 Billion ≈ $22.68 Billion |
€10.61 Billion ≈ $12.41 Billion |
0.547x | +120.87% |
| 2022-12-31 | €16.28 Billion ≈ $19.03 Billion |
€4.03 Billion ≈ $4.71 Billion |
0.248x | -10.47% |
| 2021-12-31 | €15.59 Billion ≈ $18.23 Billion |
€4.31 Billion ≈ $5.04 Billion |
0.277x | -33.15% |
| 2020-12-31 | €14.41 Billion ≈ $16.84 Billion |
€5.96 Billion ≈ $6.97 Billion |
0.414x | +157.60% |
| 2019-12-31 | €12.48 Billion ≈ $14.59 Billion |
€2.01 Billion ≈ $2.34 Billion |
0.161x | +20.80% |
| 2018-12-31 | €7.89 Billion ≈ $9.22 Billion |
€1.05 Billion ≈ $1.23 Billion |
0.133x | +103.25% |
| 2017-12-31 | €6.95 Billion ≈ $8.13 Billion |
€455.05 Million ≈ $532.00 Million |
0.065x | -88.09% |
| 2016-12-31 | €5.32 Billion ≈ $6.22 Billion |
€2.93 Billion ≈ $3.42 Billion |
0.550x | +407.77% |
| 2015-12-31 | €4.47 Billion ≈ $5.23 Billion |
€484.26 Million ≈ $566.15 Million |
0.108x | -55.84% |
| 2014-12-31 | €3.94 Billion ≈ $4.61 Billion |
€965.99 Million ≈ $1.13 Billion |
0.245x | +256.66% |
| 2013-12-31 | €3.18 Billion ≈ $3.72 Billion |
€218.80 Million ≈ $255.80 Million |
0.069x | -- |
About Hisense Home Appliances Group Co. Ltd
Hisense Home Appliances Group Co., Ltd. engages in the central air-conditioning business in the People's Republic of China and internationally. The company is involved in the research and development, manufacturing, marketing, and service of HVAC, refrigerators, freezers, washing machines, kitchen appliances, automotive air conditioning compressors, and automotive integrated thermal management sy… Read more