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. balance sheet quality to measure how much of total assets are equity-financed.
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. Check HIT Welding Industry Co. Ltd. earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
Jiangsu Rongtai Industry Co. Ltd.
SHG:605133
|
0.029x |
|
Nitratos de Chile SA
SN:NITRATOS
|
0.085x |
|
Far Eastern Department Stores Ltd
TW:2903
|
-0.019x |
|
ZJMI Environmental Energy Co. Ltd.
SHG:603071
|
N/A |
|
MetroCity Bankshares
NASDAQ:MCBS
|
0.063x |
|
Shanxi Blue Flame Holding Co Ltd
SHE:000968
|
0.039x |
|
Ategrity Specialty Insurance Company Holdings
NYSE:ASIC
|
0.066x |
|
Vesuvius India Limited
NSE:VESUVIUS
|
0.170x |
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 301137 market cap overview.
| 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