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 Highway Holdings Limited (HIHO) defensive interval to measure how many days the company can operate on defensive assets alone.
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.
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 |
|---|---|
|
Hubify Ltd
AU:HFY
|
0.055x |
|
BEYOND FRAMES ENTMT AB
F:8WP
|
0.111x |
|
Kakel Max AB (publ)
ST:KAKEL
|
-0.012x |
|
Avricore Health Inc
V:AVCR
|
-0.761x |
|
Super League Enterprise Inc.
NASDAQ:SLE
|
1.401x |
|
ZhongDe Waste Technology AG
F:ZEF
|
-0.054x |
|
MOBA Network publ AB
ST:MOBA
|
0.084x |
|
AbleGroup Bhd
KLSE:7086
|
-0.003x |
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