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. Also see Highest Performances Holdings Inc. market capitalisation for the company's overall valuation and market capitalisation.
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.
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. Explore Highest Performances Holdings Inc. (HPH) cash flow quality to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Fine Metal Technologies Public Company Limited
BK:FMT
|
0.224x |
|
Crown Crafts Inc
NASDAQ:CRWS
|
0.137x |
|
FORCS Co.Ltd
KQ:189690
|
0.034x |
|
SunCar Technology Group Inc.
NASDAQ:SDA
|
0.185x |
|
Hamilton Global Opportunities PLC
PA:ALHGO
|
-0.012x |
|
Bowen Acquisition Corp Ordinary Shares
NASDAQ:BOWN
|
0.000x |
|
Systech Bhd
KLSE:0050
|
1.187x |
|
Perimeter Medical Imaging AI Inc
V:PINK
|
-0.343x |
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. View Highest Performances Holdings Inc. stock quote for real-time trading data and today's change.
| 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