Highway Holdings Limited (HIHO) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Highway Holdings Limited (HIHO) has a cash flow conversion efficiency ratio of 0.012x as of June 2023. 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 ($89.00K) by net assets ($7.51 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Highway Holdings Limited - Cash Flow Conversion Efficiency Trend (1997–2025)
This chart illustrates how Highway Holdings Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read Highway Holdings Limited (HIHO) total liabilities for a breakdown of total debt and financial obligations.
Highway Holdings Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Highway Holdings Limited ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Cash.Medien AG
HM:MF8
|
N/A |
|
Richmond Minerals Inc
V:RMD
|
-0.020x |
|
Madhav Marbles and Granites Limited
NSE:MADHAV
|
-0.005x |
|
Lomiko Metals Inc
V:LMR
|
-0.004x |
|
Azitra Inc
NYSE MKT:AZTR
|
-0.761x |
|
HELIX Resources Ltd
AU:HLX
|
-0.027x |
|
Ragusa Minerals Ltd
AU:RAS
|
-0.185x |
|
QEM Ltd
AU:QEM
|
-0.341x |
Annual Cash Flow Conversion Efficiency for Highway Holdings Limited (1997–2025)
The table below shows the annual cash flow conversion efficiency of Highway Holdings Limited from 1997 to 2025. For the full company profile with market capitalisation and key ratios, see HIHO market cap overview.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-03-31 | $6.27 Million | $-360.00K | -0.057x | -191.88% |
| 2024-03-31 | $6.64 Million | $415.00K | 0.063x | -36.51% |
| 2023-03-31 | $8.22 Million | $809.00K | 0.098x | +656.52% |
| 2022-03-31 | $9.27 Million | $-164.00K | -0.018x | -66.27% |
| 2021-03-31 | $9.77 Million | $-104.00K | -0.011x | -126.29% |
| 2020-03-31 | $10.92 Million | $442.00K | 0.040x | +193.91% |
| 2019-03-31 | $10.14 Million | $-437.00K | -0.043x | -121.28% |
| 2018-03-31 | $11.79 Million | $2.39 Million | 0.203x | +3.00% |
| 2017-03-31 | $11.31 Million | $2.22 Million | 0.197x | +86.84% |
| 2016-03-31 | $11.93 Million | $1.26 Million | 0.105x | -69.51% |
| 2015-03-31 | $12.23 Million | $4.22 Million | 0.345x | +156.25% |
| 2014-03-31 | $12.23 Million | $1.65 Million | 0.135x | +2400.98% |
| 2013-03-31 | $12.07 Million | $65.00K | 0.005x | -89.96% |
| 2012-03-31 | $12.00 Million | $644.00K | 0.054x | -66.36% |
| 2011-03-31 | $12.56 Million | $2.00 Million | 0.160x | +6.67% |
| 2010-03-31 | $11.67 Million | $1.75 Million | 0.150x | -14.58% |
| 2009-03-31 | $11.45 Million | $2.00 Million | 0.175x | +2362.25% |
| 2008-03-31 | $10.54 Million | $75.00K | 0.007x | -94.77% |
| 2007-03-31 | $12.17 Million | $1.66 Million | 0.136x | +26.96% |
| 2006-03-31 | $12.27 Million | $1.31 Million | 0.107x | +123.89% |
| 2005-03-31 | $13.06 Million | $625.00K | 0.048x | -58.33% |
| 2004-03-31 | $12.84 Million | $1.48 Million | 0.115x | +3.52% |
| 2003-03-31 | $11.91 Million | $1.32 Million | 0.111x | +249.44% |
| 2002-03-31 | $11.47 Million | $364.00K | 0.032x | -79.86% |
| 2001-03-31 | $11.70 Million | $1.84 Million | 0.158x | +319.40% |
| 2000-03-31 | $12.93 Million | $-929.00K | -0.072x | -129.86% |
| 1999-03-31 | $13.30 Million | $3.20 Million | 0.241x | +1070.43% |
| 1998-03-31 | $12.10 Million | $-300.00K | -0.025x | -124.57% |
| 1997-03-31 | $10.90 Million | $1.10 Million | 0.101x | -- |
About Highway Holdings Limited
Highway Holdings Limited, together with its subsidiaries, manufactures and sells metal, plastic, electric, and electronic parts and components, subassemblies, and finished products in Hong Kong, China, Europe, and North America. The company operates through two segments, Metal Stamping and Mechanical Original Equipment Manufacturer (OEM), and Electric OEM. Its products are used in the manufacture… Read more