Highest Performances Holdings Inc. (HPH) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Highest Performances Holdings Inc. (HPH) has a cash flow conversion efficiency ratio of -0.046x 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 ($-10.42 Million) by net assets ($224.02 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Highest Performances Holdings Inc. (HPH) net asset quality to measure how much of total assets are equity-financed.
Highest Performances Holdings Inc. - Cash Flow Conversion Efficiency Trend (2017–2024)
This chart illustrates how Highest Performances Holdings Inc.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Highest Performances Holdings Inc. cash earnings quality to evaluate the quality of earnings relative to operating cash generation.
Highest Performances Holdings Inc. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Highest Performances Holdings Inc. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Kocom Co. Ltd
KQ:015710
|
0.036x |
|
Pelayaran Nelly Dwi Putri Tbk
JK:NELY
|
0.051x |
|
GP Petroleums Limited
NSE:GULFPETRO
|
0.039x |
|
Ogunsen AB Series B
ST:OGUN-B
|
0.298x |
|
Hamilton Global Opportunities PLC
PA:ALHGO
|
-0.012x |
|
NSC Groupe SA
PA:ALNSC
|
-0.028x |
|
Scienjoy Holding Corp
NASDAQ:SJ
|
0.008x |
|
Bowen Acquisition Corp Ordinary Shares
NASDAQ:BOWN
|
0.000x |
Annual Cash Flow Conversion Efficiency for Highest Performances Holdings Inc. (2017–2024)
The table below shows the annual cash flow conversion efficiency of Highest Performances Holdings Inc. from 2017 to 2024. For the full company profile with market capitalisation and key ratios, see HPH stock market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-06-30 | $2.64 Billion | $57.73 Million | 0.022x | +118.72% |
| 2023-06-30 | $217.03 Million | $-25.36 Million | -0.117x | +45.88% |
| 2022-06-30 | $260.05 Million | $-56.16 Million | -0.216x | -2348.33% |
| 2021-06-30 | $320.30 Million | $-2.83 Million | -0.009x | +96.32% |
| 2020-06-30 | $370.48 Million | $-88.75 Million | -0.240x | -198.61% |
| 2019-06-30 | $403.58 Million | $98.04 Million | 0.243x | +4.74% |
| 2018-06-30 | $193.65 Million | $44.92 Million | 0.232x | +259.41% |
| 2017-06-30 | $158.55 Million | $-23.07 Million | -0.145x | -- |
About Highest Performances Holdings Inc.
Highest Performances Holdings Inc. engages in the provision of financial technology services in China. It operates through three segment: Insurance Agency; Claims Adjusting; and Wealth Management. The company distributes publicly raised fund and privately raised securities investment fund products through online and offline. It also offers insurance consulting, trust consulting, asset management,… Read more