HIT Welding Industry Co. Ltd.
HIT Welding Industry Co.,Ltd engages in the research, development, production, and sales of fusion welding materials in China. It offers gas shielding and submerged arc welding wires; mobile rail flash welding machines; trackless autonomous crawling arc welding robot machines; quantong stainless steel and aluminum welding wires; and arc light electric welding electrodes. The company also provides… Read more
HIT Welding Industry Co. Ltd. (301137) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: 0.038x
Based on the latest financial reports, HIT Welding Industry Co. Ltd. (301137) has a cash flow conversion efficiency ratio of 0.038x 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 (CN¥56.10 Million) by net assets (CN¥1.46 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
HIT Welding Industry Co. Ltd. - Cash Flow Conversion Efficiency Trend (2017–2024)
This chart illustrates how HIT Welding Industry Co. Ltd.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
HIT Welding Industry Co. Ltd. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of HIT Welding Industry Co. Ltd. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
JSL Construction & Development Co Ltd
TW:2540
|
-0.226x |
|
Titan International Inc
NYSE:TWI
|
0.025x |
|
Agriculture & Natural Solutions Acquisition Corporation Class A Ordinary Shares
NASDAQ:ANSC
|
N/A |
|
Yuhuan CNC Machine Tool Co Ltd
SHE:002903
|
0.005x |
|
Shanghai Dragonnet Tech
SHE:300245
|
-0.031x |
|
Gentrack Group Ltd
AU:GTK
|
0.081x |
|
Nantong Chaoda Equipment Co.Ltd.
SHE:301186
|
0.046x |
|
Instone Real Estate Group AG
XETRA:INS
|
-0.012x |
Annual Cash Flow Conversion Efficiency for HIT Welding Industry Co. Ltd. (2017–2024)
The table below shows the annual cash flow conversion efficiency of HIT Welding Industry Co. Ltd. from 2017 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥1.44 Billion | CN¥41.97 Million | 0.029x | +21.54% |
| 2023-12-31 | CN¥1.34 Billion | CN¥32.07 Million | 0.024x | +133.45% |
| 2022-12-31 | CN¥1.30 Billion | CN¥13.29 Million | 0.010x | +110.97% |
| 2021-12-31 | CN¥623.29 Million | CN¥-58.27 Million | -0.093x | -133.77% |
| 2020-12-31 | CN¥543.92 Million | CN¥150.59 Million | 0.277x | +26.11% |
| 2019-12-31 | CN¥546.77 Million | CN¥120.04 Million | 0.220x | +42.41% |
| 2018-12-31 | CN¥509.99 Million | CN¥78.62 Million | 0.154x | +56.73% |
| 2017-12-31 | CN¥458.99 Million | CN¥45.15 Million | 0.098x | -- |