Hainan Meilan International Airport Company Limited (HAO) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Hainan Meilan International Airport Company Limited (HAO) has a cash flow conversion efficiency ratio of 0.027x 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 (€119.26 Million ≈ $139.43 Million USD) by net assets (€4.35 Billion ≈ $5.09 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See HAO equity to assets ratio to measure how much of total assets are equity-financed.
Hainan Meilan International Airport Company Limited - Cash Flow Conversion Efficiency Trend (2013–2024)
This chart illustrates how Hainan Meilan International Airport Company Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check HAO operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.
Hainan Meilan International Airport Company Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Hainan Meilan International Airport Company Limited ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Strickland Metals Ltd
AU:STK
|
-0.004x |
|
TerrAscend Corp
F:TED
|
0.081x |
|
Fleetwood Ltd
AU:FWD
|
0.000x |
|
Auna S.A.
NYSE:AUNA
|
0.052x |
|
Freightcar America Inc
NASDAQ:RAIL
|
0.066x |
|
KJTS
KLSE:0293
|
0.018x |
|
Boa Safra Sementes S.A
SA:SOJA3
|
-0.074x |
|
Bikurey Hasade Holdings Ltd
TA:BKRY
|
-0.010x |
Annual Cash Flow Conversion Efficiency for Hainan Meilan International Airport Company Limited (2013–2024)
The table below shows the annual cash flow conversion efficiency of Hainan Meilan International Airport Company Limited from 2013 to 2024. For the full company profile with market capitalisation and key ratios, see Hainan Meilan International Airport Comp (HAO) total market value.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | €4.05 Billion ≈ $4.74 Billion |
€729.89 Million ≈ $853.32 Million |
0.180x | +44.90% |
| 2023-12-31 | €4.24 Billion ≈ $4.95 Billion |
€526.94 Million ≈ $616.04 Million |
0.124x | +214.81% |
| 2022-12-31 | €4.41 Billion ≈ $5.15 Billion |
€174.04 Million ≈ $203.47 Million |
0.039x | -78.22% |
| 2021-12-31 | €4.57 Billion ≈ $5.34 Billion |
€828.19 Million ≈ $968.24 Million |
0.181x | +48.96% |
| 2020-12-31 | €3.81 Billion ≈ $4.45 Billion |
€463.97 Million ≈ $542.43 Million |
0.122x | -24.53% |
| 2019-12-31 | €5.15 Billion ≈ $6.02 Billion |
€831.28 Million ≈ $971.85 Million |
0.161x | -39.79% |
| 2018-12-31 | €4.57 Billion ≈ $5.35 Billion |
€1.23 Billion ≈ $1.43 Billion |
0.268x | +3.17% |
| 2017-12-31 | €4.09 Billion ≈ $4.78 Billion |
€1.06 Billion ≈ $1.24 Billion |
0.260x | -0.04% |
| 2016-12-31 | €3.73 Billion ≈ $4.36 Billion |
€968.63 Million ≈ $1.13 Billion |
0.260x | +94.52% |
| 2015-12-31 | €3.25 Billion ≈ $3.80 Billion |
€434.34 Million ≈ $507.79 Million |
0.134x | -8.01% |
| 2014-12-31 | €2.89 Billion ≈ $3.38 Billion |
€419.87 Million ≈ $490.87 Million |
0.145x | -23.24% |
| 2013-12-31 | €2.67 Billion ≈ $3.12 Billion |
€504.97 Million ≈ $590.36 Million |
0.189x | -- |
About Hainan Meilan International Airport Company Limited
Hainan Meilan International Airport Company Limited, together with its subsidiaries, engages in the aeronautical and non-aeronautical businesses at the Haikou Meilan Airport in the People's Republic of China. Its aeronautical business includes the provision of terminal facilities, ground handling services, and passenger services. The company's non-aeronautical business comprises the leasing of co… Read more