HIT Welding Industry Co. Ltd. Cash Flow Conversion Efficiency
HIT Welding Industry Co. Ltd. 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.
Cash Flow Conversion Efficiency of HIT Welding Industry Co. Ltd. (2017–2024)
Cash flow conversion efficiency of HIT Welding Industry Co. Ltd. from 2017 to 2024. This chart illustrates how HIT Welding Industry Co. Ltd.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. View HIT Welding Industry Co. Ltd. stock quote for real-time trading data and today's change.
HIT Welding Industry Co. Ltd. Cash Flow Conversion Ratio Explained
HIT Welding Industry Co. Ltd. cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
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. Also see 301137 company net worth for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
JBG SMITH Properties
NYSE:JBGS
|
0.002x |
|
Jiangsu Aidea Pharmaceutical Co Ltd
SHG:688488
|
0.004x |
|
Restaurant Brands Asia Limited
NSE:RBA
|
0.232x |
|
Nanjing Xinlian Electronics Co Ltd
SHE:002546
|
0.029x |
|
MA Financial Group Ltd
AU:MAF
|
0.847x |
|
Guangdong Xinhui Meida Nylon Co Ltd
SHE:000782
|
0.116x |
|
Shenzhen Minkave Technology Co Ltd
SHE:300506
|
0.013x |
|
Yuanli Chemical Group Co Ltd
SHG:603217
|
-0.001x |
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. Review 301137 free cash flow generation to assess how much free cash flow the company generates relative to operating cash flow.
| 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