COSCO SHIPPING Energy Transportation Co. Ltd (HIFH) - Cash Flow Conversion Efficiency
Based on the latest financial reports, COSCO SHIPPING Energy Transportation Co. Ltd (HIFH) has a cash flow conversion efficiency ratio of 0.078x 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 (€2.85 Billion ≈ $3.33 Billion USD) by net assets (€36.44 Billion ≈ $42.60 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see HIFH market cap overview for the company's overall valuation and market capitalisation.
COSCO SHIPPING Energy Transportation Co. Ltd - Cash Flow Conversion Efficiency Trend (2013–2024)
This chart illustrates how COSCO SHIPPING Energy Transportation Co. Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data.
COSCO SHIPPING Energy Transportation Co. Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of COSCO SHIPPING Energy Transportation Co. Ltd ranked by their cash flow conversion efficiency. Explore how high is COSCO SHIPPING Energy Transportation Co.'s earnings quality to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Beijing Shiji Information Technology Co Ltd
SHE:002153
|
0.060x |
|
National Storage REIT
AU:NSR
|
0.018x |
|
Shanghai Huace Navigation Technology Ltd
SHE:300627
|
-0.017x |
|
Organización Soriana S. A. B. de C. V
MX:SORIANAB
|
0.047x |
|
Rush Street Interactive Inc
NYSE:RSI
|
0.154x |
|
Delek Logistics Partners LP
NYSE:DKL
|
-1.028x |
|
Freshpet Inc
NASDAQ:FRPT
|
0.036x |
|
AIR CHINA LTD H ADR/20
F:AD2B
|
N/A |
Annual Cash Flow Conversion Efficiency for COSCO SHIPPING Energy Transportation Co. Ltd (2013–2024)
The table below shows the annual cash flow conversion efficiency of COSCO SHIPPING Energy Transportation Co. Ltd from 2013 to 2024. View COSCO SHIPPING Energy Transportation Co. (HIFH) share price today for real-time trading data and today's change.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | €38.99 Billion ≈ $45.58 Billion |
€8.63 Billion ≈ $10.08 Billion |
0.221x | -5.23% |
| 2023-12-31 | €37.10 Billion ≈ $43.38 Billion |
€8.66 Billion ≈ $10.13 Billion |
0.233x | +86.12% |
| 2022-12-31 | €33.57 Billion ≈ $39.25 Billion |
€4.21 Billion ≈ $4.92 Billion |
0.125x | +10.57% |
| 2021-12-31 | €29.92 Billion ≈ $34.98 Billion |
€3.39 Billion ≈ $3.97 Billion |
0.113x | -42.87% |
| 2020-12-31 | €35.60 Billion ≈ $41.62 Billion |
€7.07 Billion ≈ $8.27 Billion |
0.199x | +8.32% |
| 2019-12-31 | €29.17 Billion ≈ $34.10 Billion |
€5.35 Billion ≈ $6.25 Billion |
0.183x | +139.83% |
| 2018-12-31 | €29.27 Billion ≈ $34.22 Billion |
€2.24 Billion ≈ $2.62 Billion |
0.076x | -39.20% |
| 2017-12-31 | €28.26 Billion ≈ $33.04 Billion |
€3.55 Billion ≈ $4.15 Billion |
0.126x | -71.78% |
| 2016-12-31 | €27.42 Billion ≈ $32.06 Billion |
€12.22 Billion ≈ $14.28 Billion |
0.446x | +88.78% |
| 2015-12-31 | €32.57 Billion ≈ $38.08 Billion |
€7.69 Billion ≈ $8.99 Billion |
0.236x | +62.63% |
| 2014-12-31 | €22.65 Billion ≈ $26.48 Billion |
€3.29 Billion ≈ $3.84 Billion |
0.145x | +107.31% |
| 2013-12-31 | €22.21 Billion ≈ $25.97 Billion |
€1.55 Billion ≈ $1.82 Billion |
0.070x | -- |
About COSCO SHIPPING Energy Transportation Co. Ltd
COSCO SHIPPING Energy Transportation Co., Ltd., an investment holding company, engages in the transportation of oil and liquefied natural gas (LNG) in People's Republic of China and internationally. It also engages in the chartering of vessels; shipment of liquefied petroleum gas; and provision of shipping agency services. As of December 31, 2024, the company owned 159 oil tankers with a total ca… Read more