Highest Performances Holdings Inc. Cash Flow Conversion Efficiency
Highest Performances Holdings Inc. 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.
Cash Flow Conversion Efficiency of Highest Performances Holdings Inc. (2017–2024)
Cash flow conversion efficiency of Highest Performances Holdings Inc. from 2017 to 2024. This chart illustrates how Highest Performances Holdings Inc.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. View Highest Performances Holdings Inc. (HPH) stock price for real-time trading data and today's change.
Highest Performances Holdings Inc. Cash Flow Conversion Ratio Explained
Highest Performances Holdings Inc. cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
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. Also see Highest Performances Holdings Inc. stock valuation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Tons Lightology
TWO:4972
|
-0.012x |
|
Ludan Engineering Co. Ltd
TA:LUDN
|
0.049x |
|
Diagnostic Medical Systems SA
PA:ALDMS
|
-0.001x |
|
Sunrise New Energy Co. Ltd
NASDAQ:EPOW
|
-0.678x |
|
Hamilton Global Opportunities PLC
PA:ALHGO
|
-0.012x |
|
M.K. Real Estate Development Public Company Limited
BK:MK
|
0.037x |
|
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. Review free cash flow generation of Highest Performances Holdings Inc. to assess how much free cash flow the company generates relative to operating cash flow.
| 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