Thunder Power Holdings, Inc. (AIEV) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Thunder Power Holdings, Inc. (AIEV) has a cash flow conversion efficiency ratio of -0.049x as of December 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 ($-321.89K) by net assets ($6.52 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Thunder Power Holdings, Inc. - Cash Flow Conversion Efficiency Trend (2021–2024)
This chart illustrates how Thunder Power Holdings, Inc.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Read AIEV total liabilities for a breakdown of total debt and financial obligations.
Thunder Power Holdings, Inc. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Thunder Power Holdings, Inc. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
SDM SE
XETRA:75S
|
0.321x |
|
MEDCAW INVESTMENTS LS-01
F:U09
|
N/A |
|
HSS Hire Group PLC
LSE:HSS
|
0.141x |
|
Founder Group Limited Ordinary Shares
NASDAQ:FGL
|
-0.585x |
|
Volvere PLC
LSE:VLE
|
0.124x |
|
Logistics Development Group PLC
LSE:LDG
|
-0.005x |
|
Diagonal Bio AB
ST:DIABIO
|
-0.084x |
|
Bitcoin Fund Unit
TO:QBTC
|
-0.019x |
Annual Cash Flow Conversion Efficiency for Thunder Power Holdings, Inc. (2021–2024)
The table below shows the annual cash flow conversion efficiency of Thunder Power Holdings, Inc. from 2021 to 2024. For the full company profile with market capitalisation and key ratios, see Thunder Power Holdings, Inc. stock valuation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $6.52 Million | $-1.23 Million | -0.188x | -136.45% |
| 2023-12-31 | $-5.00 Million | $-2.58 Million | 0.516x | +9606.20% |
| 2022-12-31 | $97.27 Million | $-528.18K | -0.005x | -100.65% |
| 2021-12-31 | $-604.50K | $-506.99K | 0.839x | -- |
About Thunder Power Holdings, Inc.
Thunder Power Holdings, Inc. develops and manufactures electric vehicles. It offers the Coupe, Compact City Car, Long-Range Sedan, and Long-Range SUV. The company is headquartered in Wilmington, Delaware.