White Horse Bhd (5009) - Cash Flow Conversion Efficiency

Latest as of December 2025: 0.053x

Based on the latest financial reports, White Horse Bhd (5009) has a cash flow conversion efficiency ratio of 0.053x as of December 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 (RM29.00 Million ≈ $7.28 Million USD) by net assets (RM548.88 Million ≈ $137.80 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

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. Read total liabilities of White Horse Bhd for a breakdown of total debt and financial obligations.

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.

Company	Cash Flow Conversion Efficiency
Tayih Lun An Co Ltd TWO:8107	0.010x
RDE, Inc. NASDAQ:GIFT	-0.049x
Emdeki Utama Tbk PT JK:MDKI	0.013x
Katapult Holdings Inc NASDAQ:KPLT	-3.039x
NTG Clarity Networks Inc. V:NCI	-0.125x
Beam Global NASDAQ:BEEM	-0.175x
DDC Enterprise Limited NYSE:DDC	-0.359x
Maven Wireless Sweden AB ST:MAVEN	-0.062x

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. For the full company profile with market capitalisation and key ratios, see 5009 market cap overview.

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

$27.41 Million

RM109.16 Million MYR

Market Cap Rank

#24108 Global

#616 in Malaysia

Share Price

RM0.50

Change (1 day)

-1.00%

52-Week Range

RM0.46 - RM0.91

All Time High

RM2.05