Hengyuan Refining Company Bhd (4324) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.281x

Based on the latest financial reports, Hengyuan Refining Company Bhd (4324) has a cash flow conversion efficiency ratio of 0.281x as of September 2025. 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 (RM217.90 Million ≈ $54.71 Million USD) by net assets (RM776.30 Million ≈ $194.90 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Check Hengyuan Refining Company Bhd (4324) strategic investment index to assess the company's strategic physical and investment asset allocation.

Hengyuan Refining Company Bhd - Cash Flow Conversion Efficiency Trend (2012–2024)

This chart illustrates how Hengyuan Refining Company Bhd's cash flow conversion efficiency has evolved over time, based on yearly financial data. See Hengyuan Refining Company Bhd book value and equity for net asset value and shareholders' equity analysis.

Hengyuan Refining Company Bhd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Hengyuan Refining Company Bhd ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Contextlogic Inc NASDAQ:LOGC	-0.023x
Streamwide PA:ALSTW	0.363x
Millennial Potash Corp. V:MLP	-0.041x
Nippon Indosari Corpindo Tbk JK:ROTI	0.047x
Intelligent Monitoring Group Ltd AU:IMB	0.149x
Koenig & Bauer AG XETRA:SKB	0.094x
Elme Communities NYSE:ELME	0.001x
Yuan Jen Enterprises Co Ltd TW:1725	0.000x

Annual Cash Flow Conversion Efficiency for Hengyuan Refining Company Bhd (2012–2024)

The table below shows the annual cash flow conversion efficiency of Hengyuan Refining Company Bhd from 2012 to 2024. For the full company profile with market capitalisation and key ratios, see Hengyuan Refining Company Bhd (4324) market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	RM1.15 Billion ≈ $288.77 Million	RM134.10 Million ≈ $33.67 Million	0.117x	+751.20%
2023-12-31	RM1.40 Billion ≈ $352.14 Million	RM-25.11 Million ≈ $-6.30 Million	-0.018x	-248.51%
2022-12-31	RM1.37 Billion ≈ $344.92 Million	RM16.56 Million ≈ $4.16 Million	0.012x	-88.95%
2021-12-31	RM2.05 Billion ≈ $515.18 Million	RM223.95 Million ≈ $56.23 Million	0.109x	-45.57%
2020-12-31	RM2.17 Billion ≈ $544.41 Million	RM434.76 Million ≈ $109.16 Million	0.201x	-12.23%
2019-12-31	RM5.51 Billion ≈ $1.38 Billion	RM1.26 Billion ≈ $316.09 Million	0.228x	+21.57%
2018-12-31	RM2.02 Billion ≈ $507.57 Million	RM379.92 Million ≈ $95.39 Million	0.188x	-29.50%
2017-12-31	RM1.79 Billion ≈ $449.08 Million	RM476.81 Million ≈ $119.71 Million	0.267x	+5314.94%
2016-12-31	RM1.01 Billion ≈ $253.69 Million	RM-5.17 Million ≈ $-1.30 Million	-0.005x	-100.44%
2015-12-31	RM677.09 Million ≈ $169.99 Million	RM783.50 Million ≈ $196.71 Million	1.157x	+224.20%
2014-12-31	RM325.00 Million ≈ $81.60 Million	RM116.00 Million ≈ $29.12 Million	0.357x	+314.30%
2013-12-31	RM1.51 Billion ≈ $379.86 Million	RM-252.00 Million ≈ $-63.27 Million	-0.167x	-647.31%
2012-12-31	RM1.71 Billion ≈ $428.07 Million	RM-38.00 Million ≈ $-9.54 Million	-0.022x	--

About Hengyuan Refining Company Bhd

KLSE:4324 Malaysia Oil & Gas Refining & Marketing

Market Cap

$177.76 Million

RM708.00 Million MYR

Market Cap Rank

#17116 Global

#234 in Malaysia

Share Price

RM1.18

Change (1 day)

+2.61%

52-Week Range

RM0.73 - RM1.92

All Time High

RM17.37