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 debt-free asset ratio of Harbin Electric to measure how much of total assets are equity-financed.
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. Check HP6H cash to earnings ratio to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
Resolute Mining Ltd
AU:RSG
|
0.174x |
|
ROBEX Resources Inc
AU:RXR
|
0.047x |
|
BH Macro Limited
LSE:BHMG
|
0.014x |
|
Suzhou Recodeal Interconnect System Co Ltd
SHG:688800
|
0.058x |
|
Kidswant Children Products Co.Ltd.
SHE:301078
|
N/A |
|
Shandong Yisheng Livestock & Poultry Breeding Co Ltd
SHE:002458
|
0.021x |
|
Innuovo Technology Co Ltd Class A
SHE:000795
|
0.047x |
|
Elan Microelectronics Corp
TW:2458
|
0.095x |
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 HP6H market cap overview.
| 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