Harbin VITI Electronics Corp Cash Flow Conversion Efficiency
Harbin VITI Electronics Corp cash flow conversion efficiency. Based on the latest financial reports, Harbin VITI Electronics Corp (603023) has a cash flow conversion efficiency ratio of -0.020x 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¥-15.27 Million ≈ $-2.24 Million USD) by net assets (CN¥782.31 Million ≈ $114.48 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 Harbin VITI Electronics Corp (2009–2024)
Cash flow conversion efficiency of Harbin VITI Electronics Corp from 2009 to 2024. This chart illustrates how Harbin VITI Electronics Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. View today's stock price for Harbin VITI Electronics Corp for real-time trading data and today's change.
Harbin VITI Electronics Corp Cash Flow Conversion Ratio Explained
Harbin VITI Electronics Corp 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.
Harbin VITI Electronics Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Harbin VITI Electronics Corp ranked by their cash flow conversion efficiency. Also see Harbin VITI Electronics Corp market cap and net worth for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Kingsway Financial Services Inc
NYSE:KFS
|
0.041x |
|
Nanjing Toua Hardware&Tools Co.Ltd.
SHE:301125
|
0.032x |
|
Polyplex (Thailand) Public Company Limited
BK:PTL-R
|
0.020x |
|
K&F Growth Acquisition Corp. II Unit
NASDAQ:KFIIU
|
0.000x |
|
Real Brokerage Inc
NASDAQ:REAX
|
0.601x |
|
Xuancheng Valin Precision Technology Co Ltd
SHG:603356
|
0.112x |
|
India Nippon Electricals Limited
NSE:INDNIPPON
|
0.001x |
|
Bangkok Land Public Company Limited
BK:BLAND-R
|
0.003x |
Annual Cash Flow Conversion Efficiency for Harbin VITI Electronics Corp (2009–2024)
The table below shows the annual cash flow conversion efficiency of Harbin VITI Electronics Corp from 2009 to 2024. Review 603023 free cash flow to operating cash ratio 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¥784.41 Million ≈ $114.78 Million |
CN¥24.40 Million ≈ $3.57 Million |
0.031x | +12.52% |
| 2023-12-31 | CN¥774.11 Million ≈ $113.28 Million |
CN¥21.40 Million ≈ $3.13 Million |
0.028x | +270.27% |
| 2022-12-31 | CN¥763.92 Million ≈ $111.79 Million |
CN¥-12.40 Million ≈ $-1.82 Million |
-0.016x | -129.17% |
| 2021-12-31 | CN¥763.10 Million ≈ $111.67 Million |
CN¥42.47 Million ≈ $6.21 Million |
0.056x | -12.33% |
| 2020-12-31 | CN¥756.41 Million ≈ $110.69 Million |
CN¥48.02 Million ≈ $7.03 Million |
0.063x | -16.88% |
| 2019-12-31 | CN¥715.30 Million ≈ $104.67 Million |
CN¥54.63 Million ≈ $7.99 Million |
0.076x | -38.54% |
| 2018-12-31 | CN¥651.31 Million ≈ $95.31 Million |
CN¥80.94 Million ≈ $11.84 Million |
0.124x | +260.57% |
| 2017-12-31 | CN¥562.36 Million ≈ $82.29 Million |
CN¥19.38 Million ≈ $2.84 Million |
0.034x | -77.29% |
| 2016-12-31 | CN¥529.72 Million ≈ $77.51 Million |
CN¥80.39 Million ≈ $11.76 Million |
0.152x | +50.61% |
| 2015-12-31 | CN¥457.04 Million ≈ $66.88 Million |
CN¥46.05 Million ≈ $6.74 Million |
0.101x | -78.96% |
| 2014-12-31 | CN¥160.39 Million ≈ $23.47 Million |
CN¥76.82 Million ≈ $11.24 Million |
0.479x | +111.15% |
| 2013-12-31 | CN¥225.88 Million ≈ $33.05 Million |
CN¥51.24 Million ≈ $7.50 Million |
0.227x | +28.13% |
| 2012-12-31 | CN¥232.97 Million ≈ $34.09 Million |
CN¥41.25 Million ≈ $6.04 Million |
0.177x | -22.97% |
| 2011-12-31 | CN¥171.57 Million ≈ $25.11 Million |
CN¥39.43 Million ≈ $5.77 Million |
0.230x | -24.65% |
| 2010-12-31 | CN¥139.13 Million ≈ $20.36 Million |
CN¥42.44 Million ≈ $6.21 Million |
0.305x | +669.22% |
| 2009-12-31 | CN¥97.18 Million ≈ $14.22 Million |
CN¥-5.21 Million ≈ $-762.01K |
-0.054x | -- |
About Harbin VITI Electronics Corp
Harbin VITI Electronics Co., Ltd. researches and develops, manufactures, and sells automobile electronic products for cars and buses in China. It offers bus digital color LCD combination instruments; bus slave and master modules; bus bridge, processor, and management modules; bus instruments; and bus rear light, headlight, chassis, and top control modules. The company also provides bus signal dis… Read more