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. See Harbin VITI Electronics Corp (603023) net asset quality to measure how much of total assets are equity-financed.

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. Check Harbin VITI Electronics Corp (603023) cash flow quality to evaluate the quality of earnings relative to operating cash generation.

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
Doubleview Gold Corp V:DBG	0.003x
StealthGas Inc F:S6W	0.024x
Nexpoint Real Estate Finance Inc NYSE:NREF	-0.005x
PARKEN Sport & Entertainment CO:PARKEN	0.252x
VT GMP Co.Ltd KQ:018290	-0.043x
Australian Clinical Labs Ltd AU:ACL	0.416x
SMS Electric Co Ltd Zhengzhou SHE:002857	-0.037x
MT Hoejgaard Holding A/S CO:MTHH	-0.028x

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 Harbin VITI Electronics Corp (603023) total market value.

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

$316.06 Million

CN¥2.16 Billion CNY

Market Cap Rank

#14543 Global

#4319 in China

Share Price

CN¥3.87

Change (1 day)

+2.11%

52-Week Range

CN¥3.26 - CN¥6.25

All Time High

CN¥14.60