Harbin Electric (HP6H) - Cash Flow Conversion Efficiency
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 ≈ $772.88 Million USD) by net assets (€12.23 Billion ≈ $14.30 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 defensive interval ratio of Harbin Electric to measure how many days the company can operate on defensive assets alone.
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.
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 |
|---|---|
|
Northking Information Technology Co
SHE:002987
|
0.027x |
|
Eramet SA
PA:ERA
|
-0.064x |
|
Orange Belgium SA
BR:OBEL
|
0.124x |
|
CMST Development Co Ltd
SHG:600787
|
0.045x |
|
Shanghai STEP Electric Corp
SHE:002527
|
0.009x |
|
Adaptive Plasma Technology Corp
KQ:089970
|
0.056x |
|
Orizon Valorização de Resíduos S.A
SA:ORVR3
|
0.002x |
|
Rolls-Royce Holdings PLC
LSE:RR
|
0.829x |
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. For the full company profile with market capitalisation and key ratios, see how much is Harbin Electric worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | €14.59 Billion ≈ $17.05 Billion |
€2.28 Billion ≈ $2.67 Billion |
0.157x | -59.18% |
| 2022-12-31 | €12.37 Billion ≈ $14.47 Billion |
€4.75 Billion ≈ $5.55 Billion |
0.384x | +352.65% |
| 2021-12-31 | €12.19 Billion ≈ $14.26 Billion |
€1.03 Billion ≈ $1.21 Billion |
0.085x | -30.69% |
| 2020-12-31 | €16.20 Billion ≈ $18.94 Billion |
€1.98 Billion ≈ $2.32 Billion |
0.122x | +157.11% |
| 2019-12-31 | €15.86 Billion ≈ $18.54 Billion |
€-3.39 Billion ≈ $-3.97 Billion |
-0.214x | -416.54% |
| 2018-12-31 | €16.31 Billion ≈ $19.07 Billion |
€-676.00 Million ≈ $-790.31 Million |
-0.041x | +75.15% |
| 2017-12-31 | €16.14 Billion ≈ $18.87 Billion |
€-2.69 Billion ≈ $-3.15 Billion |
-0.167x | -253.81% |
| 2016-12-31 | €14.64 Billion ≈ $17.12 Billion |
€1.59 Billion ≈ $1.86 Billion |
0.108x | -65.78% |
| 2015-12-31 | €13.92 Billion ≈ $16.27 Billion |
€4.41 Billion ≈ $5.16 Billion |
0.317x | +194.31% |
| 2014-12-31 | €14.01 Billion ≈ $16.37 Billion |
€1.51 Billion ≈ $1.76 Billion |
0.108x | +10.28% |
| 2013-12-31 | €14.29 Billion ≈ $16.71 Billion |
€1.40 Billion ≈ $1.63 Billion |
0.098x | -- |
About 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