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. Also see Harbin Electric (HP6H) market capitalisation for the company's overall valuation and market capitalisation.
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. Explore HP6H cash flow quality score to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Fusheng Precision Co Ltd
TW:6670
|
0.068x |
|
Sunstone Development Co Ltd
SHG:603612
|
0.087x |
|
Inner Mongolia Lantai Industrial Co Ltd
SHG:600328
|
-0.009x |
|
Harmonic Inc
NASDAQ:HLIT
|
-0.015x |
|
China Express Airlines Co Ltd Class A
SHE:002928
|
0.358x |
|
Guizhou Qianyuan Power Co Ltd
SHE:002039
|
0.125x |
|
CLARIVATE PLC
NYSE:CLVT
|
0.028x |
|
Universal Insurance Holdings Inc
NYSE:UVE
|
0.159x |
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. View HP6H stock price and chart for real-time trading data and today's change.
| 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