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 Hainan Meilan International Airport Comp defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
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.
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 |
|---|---|
|
PT Indonesia Kendaraan Terminal Tbk
JK:IPCC
|
0.066x |
|
Chenghe Acquisition III Co. Class A Ordinary Share
NASDAQ:CHEC
|
-0.001x |
|
China Electric Manufacturing Corp
TW:1611
|
0.009x |
|
Golconda Gold Ltd.
V:GG
|
0.075x |
|
SSH Communications Security Oyj
HE:SSH1V
|
-0.076x |
|
KGL Resources Limited
F:KN6
|
-0.003x |
|
Malaysia Marine and Heavy Engineering Holdings Bhd
KLSE:5186
|
-0.037x |
|
China New Higher Education Group Limited
F:8CN
|
0.044x |
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 market cap and net worth.
| 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