HIT Welding Industry Co. Ltd. (301137) - Cash Flow Conversion Efficiency
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 ≈ $8.21 Million USD) by net assets (CN¥1.46 Billion ≈ $213.36 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See HIT Welding Industry Co. Ltd. defensive interval ratio to measure how many days the company can operate on defensive assets alone.
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.
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 |
|---|---|
|
Glenveagh Properties PLC
IR:GVR
|
0.096x |
|
Cleanaway Co Ltd
TW:8422
|
0.142x |
|
Genimous Technology Co Ltd
SHE:000676
|
0.013x |
|
China Union Holdings Ltd
SHE:000036
|
-0.005x |
|
Jiangsu Sanfangxiang Industry Co Ltd
SHG:600370
|
0.168x |
|
DLG Exhibitions & Events Corp Ltd
SHG:600826
|
0.045x |
|
Shen Zhen Bauing Construction Holding Group Co Ltd
SHE:002047
|
2.259x |
|
Ye Chiu Metal Recycling China Ltd
SHG:601388
|
-0.026x |
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. For the full company profile with market capitalisation and key ratios, see market value of HIT Welding Industry Co. Ltd..
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥1.44 Billion ≈ $211.09 Million |
CN¥41.97 Million ≈ $6.14 Million |
0.029x | +21.54% |
| 2023-12-31 | CN¥1.34 Billion ≈ $196.01 Million |
CN¥32.07 Million ≈ $4.69 Million |
0.024x | +133.45% |
| 2022-12-31 | CN¥1.30 Billion ≈ $189.68 Million |
CN¥13.29 Million ≈ $1.95 Million |
0.010x | +110.97% |
| 2021-12-31 | CN¥623.29 Million ≈ $91.21 Million |
CN¥-58.27 Million ≈ $-8.53 Million |
-0.093x | -133.77% |
| 2020-12-31 | CN¥543.92 Million ≈ $79.59 Million |
CN¥150.59 Million ≈ $22.04 Million |
0.277x | +26.11% |
| 2019-12-31 | CN¥546.77 Million ≈ $80.01 Million |
CN¥120.04 Million ≈ $17.57 Million |
0.220x | +42.41% |
| 2018-12-31 | CN¥509.99 Million ≈ $74.63 Million |
CN¥78.62 Million ≈ $11.50 Million |
0.154x | +56.73% |
| 2017-12-31 | CN¥458.99 Million ≈ $67.16 Million |
CN¥45.15 Million ≈ $6.61 Million |
0.098x | -- |
About 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