Harbin VITI Electronics Corp (603023) - Cash Flow Conversion Efficiency

Latest as of September 2025: -0.020x

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.

Harbin VITI Electronics Corp - Cash Flow Conversion Efficiency Trend (2009–2024)

This chart illustrates how Harbin VITI Electronics Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read Harbin VITI Electronics Corp (603023) total liabilities for a breakdown of total debt and financial obligations.

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.

Company	Cash Flow Conversion Efficiency
Samji Electronics Co. Ltd KQ:037460	0.098x
Enseval Putra Megatrading Tbk JK:EPMT	0.035x
Firan Technology Group Corporation TO:FTG	0.071x
Nexxen International Ltd NASDAQ:NEXN	0.087x
Daeduck Co. Ltd. KO:008060	0.008x
Fujian Superpipe SHE:300198	0.595x
Guangzhou Improve Med Instrument SHE:300030	0.106x
Kirloskar Industries Limited NSE:KIRLOSIND	0.024x

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. For the full company profile with market capitalisation and key ratios, see 603023 stock market capitalisation.

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

SHG:603023 China Auto Parts

Market Cap

$380.58 Million

CN¥2.60 Billion CNY

Market Cap Rank

#13937 Global

#4375 in China

Share Price

CN¥4.66

Change (1 day)

+2.42%

52-Week Range

CN¥3.49 - CN¥6.25

All Time High

CN¥14.60