HIT Welding Industry Co. Ltd. (301137) - Cash Flow Conversion Efficiency

Latest 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 ≈ $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. Also see market value of HIT Welding Industry Co. Ltd. for the company's overall valuation and market capitalisation.

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. Explore cash flow quality index of HIT Welding Industry Co. Ltd. to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
Multi Bintang Indonesia Tbk JK:MLBI	0.329x
Kunshan Top A Intelligent Equipment SHE:300836	-0.017x
Allis Electric Co Ltd TW:1514	-0.040x
Star Cement Limited NSE:STARCEMENT	0.056x
Daktronics Inc NASDAQ:DAKT	0.040x
Xingye Leather Technology Co Ltd SHE:002674	0.049x
Amtran Technology Co Ltd TW:2489	-0.032x
Nuveen Select Tax-Free Income Portfolio NYSE:NXP	-0.002x

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. View latest HIT Welding Industry Co. Ltd. stock price today for real-time trading data and today's change.

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.

SHE:301137 China Specialty Industrial Machinery

Market Cap

$848.70 Million

CN¥5.80 Billion CNY

Market Cap Rank

#9695 Global

#2502 in China

Share Price

CN¥31.90

Change (1 day)

+2.34%

52-Week Range

CN¥28.41 - CN¥69.00

All Time High

CN¥69.00