Hitech Corporation Limited (HITECHCORP) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Hitech Corporation Limited (HITECHCORP) has a cash flow conversion efficiency ratio of 0.093x as of September 2025. 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 (Rs259.08 Million ≈ $2.80 Million USD) by net assets (Rs2.78 Billion ≈ $30.09 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Hitech Corporation Limited - Cash Flow Conversion Efficiency Trend (2006–2025)
This chart illustrates how Hitech Corporation Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read how much debt does Hitech Corporation Limited carry for a breakdown of total debt and financial obligations.
Hitech Corporation Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Hitech Corporation Limited ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Shanghai Shenqi Pharmaceutical Investment Management Co Ltd B
SHG:900904
|
0.050x |
|
Avante Logixx Inc
V:XX
|
0.033x |
|
Jasper Therapeutics Inc
NASDAQ:JSPR
|
-1.469x |
|
A SPAC III Acquisition Corp. Class A Ordinary Shares
NASDAQ:ASPC
|
-0.056x |
|
Bayfirst Financial Corp
NASDAQ:BAFN
|
0.540x |
|
LM Pay Spolka Akcyjna
F:Y00
|
N/A |
|
Pusan Cast Iron Co., Ltd.
KO:005030
|
0.020x |
|
SPARK VC S.A. ZY 10
F:8N2
|
-0.015x |
Annual Cash Flow Conversion Efficiency for Hitech Corporation Limited (2006–2025)
The table below shows the annual cash flow conversion efficiency of Hitech Corporation Limited from 2006 to 2025. For the full company profile with market capitalisation and key ratios, see HITECHCORP market cap overview.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-03-31 | Rs2.71 Billion ≈ $29.27 Million |
Rs480.97 Million ≈ $5.20 Million |
0.178x | -14.24% |
| 2024-03-31 | Rs2.63 Billion ≈ $28.49 Million |
Rs545.74 Million ≈ $5.90 Million |
0.207x | -27.32% |
| 2023-03-31 | Rs2.43 Billion ≈ $26.30 Million |
Rs693.29 Million ≈ $7.50 Million |
0.285x | -14.91% |
| 2022-03-31 | Rs2.17 Billion ≈ $23.46 Million |
Rs726.79 Million ≈ $7.86 Million |
0.335x | -5.91% |
| 2021-03-31 | Rs1.82 Billion ≈ $19.69 Million |
Rs648.27 Million ≈ $7.01 Million |
0.356x | +4.48% |
| 2020-03-31 | Rs1.65 Billion ≈ $17.88 Million |
Rs563.41 Million ≈ $6.09 Million |
0.341x | -34.54% |
| 2019-03-31 | Rs1.64 Billion ≈ $17.78 Million |
Rs856.04 Million ≈ $9.26 Million |
0.521x | +82.87% |
| 2018-03-31 | Rs1.50 Billion ≈ $16.22 Million |
Rs427.02 Million ≈ $4.62 Million |
0.285x | -27.81% |
| 2017-03-31 | Rs1.78 Billion ≈ $19.29 Million |
Rs703.30 Million ≈ $7.61 Million |
0.394x | +59.57% |
| 2016-03-31 | Rs1.66 Billion ≈ $18.01 Million |
Rs411.47 Million ≈ $4.45 Million |
0.247x | -6.25% |
| 2015-03-31 | Rs1.46 Billion ≈ $15.84 Million |
Rs386.09 Million ≈ $4.18 Million |
0.264x | +15.71% |
| 2014-03-31 | Rs1.30 Billion ≈ $14.11 Million |
Rs297.29 Million ≈ $3.22 Million |
0.228x | -51.04% |
| 2013-03-31 | Rs1.24 Billion ≈ $13.39 Million |
Rs576.06 Million ≈ $6.23 Million |
0.465x | +61.70% |
| 2012-03-31 | Rs1.16 Billion ≈ $12.53 Million |
Rs333.48 Million ≈ $3.61 Million |
0.288x | +48.53% |
| 2011-03-31 | Rs1.08 Billion ≈ $11.64 Million |
Rs208.52 Million ≈ $2.26 Million |
0.194x | -15.84% |
| 2010-03-31 | Rs897.27 Million ≈ $9.70 Million |
Rs206.57 Million ≈ $2.23 Million |
0.230x | -45.30% |
| 2009-03-31 | Rs690.59 Million ≈ $7.47 Million |
Rs290.66 Million ≈ $3.14 Million |
0.421x | +19.64% |
| 2008-03-31 | Rs481.42 Million ≈ $5.21 Million |
Rs169.36 Million ≈ $1.83 Million |
0.352x | +51.12% |
| 2007-03-31 | Rs347.71 Million ≈ $3.76 Million |
Rs80.94 Million ≈ $875.38K |
0.233x | -56.40% |
| 2006-03-31 | Rs214.45 Million ≈ $2.32 Million |
Rs114.49 Million ≈ $1.24 Million |
0.534x | -- |
About Hitech Corporation Limited
Hitech Corporation Limited engages in rigid plastic packaging solution business in India. The company offers bottles, cans, caps and closures, custom enhancement, drums, jars, and pails for paints and coatings, lubricants, construction and specialty chemicals, agrochemicals, food and beverage and personal care, home care, pharmaceuticals, food and beverages, health care, and oils, and lubricants.… Read more