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. See HIHO equity financing ratio to measure how much of total assets are equity-financed.
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. Check Highway Holdings Limited cash earnings quality to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
YouGov plc
LSE:YOU
|
0.045x |
|
Golden State Mining Ltd
AU:GSM
|
-1.834x |
|
Papyrus Australia Ltd
AU:PPY
|
15.274x |
|
GSP Resource Corp
V:GSPR
|
-0.046x |
|
ZhongDe Waste Technology AG
F:ZEF
|
-0.054x |
|
Zaplox AB
ST:ZAPLOX
|
25.961x |
|
Nicoccino Holding AB
ST:NICO
|
-0.500x |
|
Pragma Inkaso S.A.
WAR:PRI
|
-0.061x |
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 Highway Holdings Limited market capitalisation.
| 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