Harbin Electric
Harbin Electric Company Limited, together with its subsidiaries, manufactures and sells power plant equipment in the People's Republic of China, the rest of Asia, Africa, Europe, and the United States. It operates through new power system with new energy as the main body; clean and efficient industrial system; green and low-carbon drive system; and other businesses segments. The company provides … Read more
Harbin Electric (HP6H) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2023: 0.054x
Based on the latest financial reports, Harbin Electric (HP6H) has a cash flow conversion efficiency ratio of 0.054x 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 (€661.09 Million) by net assets (€12.23 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Harbin Electric - Cash Flow Conversion Efficiency Trend (2013–2023)
This chart illustrates how Harbin Electric's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Harbin Electric Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Harbin Electric ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Stewart Information Services Corp
NYSE:STC
|
0.063x |
|
Xinjiang Zhongtai Chemical Co Ltd
SHE:002092
|
0.006x |
|
Southwest Securities Co Ltd
SHG:600369
|
-0.255x |
|
EMEIS SA
PA:EMEIS
|
0.037x |
|
IJM Corporation Bhd
KLSE:3336
|
0.010x |
|
Artemis Gold Inc
PINK:ARGTF
|
0.023x |
|
Shenzhen JPT Opto Electronics Co Ltd
SHG:688025
|
0.075x |
|
Ourpalm
SHE:300315
|
0.013x |
Annual Cash Flow Conversion Efficiency for Harbin Electric (2013–2023)
The table below shows the annual cash flow conversion efficiency of Harbin Electric from 2013 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | €14.59 Billion | €2.28 Billion | 0.157x | -59.18% |
| 2022-12-31 | €12.37 Billion | €4.75 Billion | 0.384x | +352.65% |
| 2021-12-31 | €12.19 Billion | €1.03 Billion | 0.085x | -30.69% |
| 2020-12-31 | €16.20 Billion | €1.98 Billion | 0.122x | +157.11% |
| 2019-12-31 | €15.86 Billion | €-3.39 Billion | -0.214x | -416.54% |
| 2018-12-31 | €16.31 Billion | €-676.00 Million | -0.041x | +75.15% |
| 2017-12-31 | €16.14 Billion | €-2.69 Billion | -0.167x | -253.81% |
| 2016-12-31 | €14.64 Billion | €1.59 Billion | 0.108x | -65.78% |
| 2015-12-31 | €13.92 Billion | €4.41 Billion | 0.317x | +194.31% |
| 2014-12-31 | €14.01 Billion | €1.51 Billion | 0.108x | +10.28% |
| 2013-12-31 | €14.29 Billion | €1.40 Billion | 0.098x | -- |