White Horse Bhd (5009) - Cash Flow Conversion Efficiency

Latest as of March 2026: -0.024x

Based on the latest financial reports, White Horse Bhd (5009) has a cash flow conversion efficiency ratio of -0.024x as of March 2026. 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 (RM-12.74 Million ≈ $-3.20 Million USD) by net assets (RM541.53 Million ≈ $135.96 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 White Horse Bhd market cap and net worth for the company's overall valuation and market capitalisation.

White Horse Bhd - Cash Flow Conversion Efficiency Trend (2011–2025)

This chart illustrates how White Horse Bhd's cash flow conversion efficiency has evolved over time, based on yearly financial data.

White Horse Bhd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of White Horse Bhd ranked by their cash flow conversion efficiency. Explore White Horse Bhd earnings quality ratio to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
Maskapai Reasuransi Indonesia JK:MREI	0.031x
Lupatech S.A SA:LUPA3	-2.969x
Riley Gold Corp V:RLYG	-0.026x
Environmental Clean Technologies Ltd AU:ECT	-0.043x
TOUAX PA:ALTOU	0.027x
Finetechnix. Co.Ltd KQ:106240	-0.063x
Harvard Bioscience Inc NASDAQ:HBIO	0.044x
Jian Sin Industrial Co Ltd TWO:4502	0.016x

Annual Cash Flow Conversion Efficiency for White Horse Bhd (2011–2025)

The table below shows the annual cash flow conversion efficiency of White Horse Bhd from 2011 to 2025. View White Horse Bhd stock price for real-time trading data and today's change.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	RM548.88 Million ≈ $137.80 Million	RM29.00 Million ≈ $7.28 Million	0.053x	+75.87%
2024-12-31	RM565.63 Million ≈ $142.01 Million	RM16.99 Million ≈ $4.27 Million	0.030x	-41.55%
2023-12-31	RM585.23 Million ≈ $146.93 Million	RM30.08 Million ≈ $7.55 Million	0.051x	+151.84%
2022-12-31	RM597.15 Million ≈ $149.92 Million	RM-59.20 Million ≈ $-14.86 Million	-0.099x	-514.84%
2021-12-31	RM600.67 Million ≈ $150.81 Million	RM14.36 Million ≈ $3.60 Million	0.024x	-78.59%
2020-12-31	RM587.50 Million ≈ $147.50 Million	RM65.58 Million ≈ $16.47 Million	0.112x	+15.77%
2019-12-31	RM641.98 Million ≈ $161.18 Million	RM61.90 Million ≈ $15.54 Million	0.096x	+92.54%
2018-12-31	RM706.46 Million ≈ $177.37 Million	RM35.38 Million ≈ $8.88 Million	0.050x	+100.97%
2017-12-31	RM745.43 Million ≈ $187.15 Million	RM18.58 Million ≈ $4.66 Million	0.025x	-70.23%
2016-12-31	RM768.30 Million ≈ $192.89 Million	RM64.30 Million ≈ $16.14 Million	0.084x	-32.24%
2015-12-31	RM761.00 Million ≈ $191.06 Million	RM94.00 Million ≈ $23.60 Million	0.124x	+94.22%
2014-12-31	RM739.00 Million ≈ $185.54 Million	RM47.00 Million ≈ $11.80 Million	0.064x	-47.70%
2013-12-31	RM699.00 Million ≈ $175.50 Million	RM85.00 Million ≈ $21.34 Million	0.122x	+481.95%
2012-12-31	RM670.00 Million ≈ $168.21 Million	RM14.00 Million ≈ $3.51 Million	0.021x	-77.92%
2011-12-31	RM655.00 Million ≈ $164.45 Million	RM62.00 Million ≈ $15.57 Million	0.095x	--

About White Horse Bhd

KLSE:5009 Malaysia Building Materials

Market Cap

$27.91 Million

RM111.17 Million MYR

Market Cap Rank

#24105 Global

#600 in Malaysia

Share Price

RM0.51

Change (1 day)

-0.98%

52-Week Range

RM0.46 - RM0.91

All Time High

RM2.05