HE Group Berhad (0296) - Cash Flow Conversion Efficiency
Based on the latest financial reports, HE Group Berhad (0296) has a cash flow conversion efficiency ratio of 0.007x as of August 2024. 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 (RM388.00K ≈ $97.41K USD) by net assets (RM58.53 Million ≈ $14.69 Million 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 0296 market cap for the company's overall valuation and market capitalisation.
HE Group Berhad - Cash Flow Conversion Efficiency Trend (2020–2022)
This chart illustrates how HE Group Berhad's cash flow conversion efficiency has evolved over time, based on yearly financial data.
HE Group Berhad Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of HE Group Berhad ranked by their cash flow conversion efficiency. Explore how high is HE Group Berhad's earnings quality to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Right Way Industrial Co Ltd
TW:1506
|
0.008x |
|
Tsang Yow Industrial Co Ltd
TW:1568
|
0.033x |
|
Bank Pembangunan Timur Tbk
JK:BJTM
|
0.111x |
|
Pudumjee Paper Products Limited
NSE:PDMJEPAPER
|
0.084x |
|
Pelican Acquisition Corporation Ordinary Shares
NASDAQ:PELI
|
-0.001x |
|
Immunoprecise Antibodies Ltd
NASDAQ:IPA
|
-0.048x |
|
KGL Resources Ltd
AU:KGL
|
-0.009x |
|
Hf Foods Group Inc
NASDAQ:HFFG
|
-0.006x |
Annual Cash Flow Conversion Efficiency for HE Group Berhad (2020–2022)
The table below shows the annual cash flow conversion efficiency of HE Group Berhad from 2020 to 2022. View 0296 stock price and chart for real-time trading data and today's change.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2022-08-31 | RM15.89 Million ≈ $3.99 Million |
RM8.79 Million ≈ $2.21 Million |
0.553x | +59.17% |
| 2021-08-31 | RM12.72 Million ≈ $3.19 Million |
RM4.42 Million ≈ $1.11 Million |
0.348x | +151.36% |
| 2020-08-31 | RM9.09 Million ≈ $2.28 Million |
RM-6.15 Million ≈ $-1.54 Million |
-0.677x | -- |
About HE Group Berhad
HE Group Berhad, through its subsidiary, Hexatech Engineering Sdn. Bhd., operates as an electrical engineering service provider in Malaysia. The company offers design, supply, installation, testing, and commissioning of high voltage, medium voltage, low voltage, and extra low voltage power distribution systems; and additional services, including other building systems and works, electrical equipm… Read more