Huali Industries (603038) - Cash Flow Conversion Efficiency

Latest as of September 2025: -0.005x

Based on the latest financial reports, Huali Industries (603038) has a cash flow conversion efficiency ratio of -0.005x 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¥-7.39 Million ≈ $-1.08 Million USD) by net assets (CN¥1.63 Billion ≈ $238.91 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 how leveraged is Huali Industries's balance sheet to measure how much of total assets are equity-financed.

Huali Industries - Cash Flow Conversion Efficiency Trend (2011–2024)

This chart illustrates how Huali Industries's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Huali Industries cash flow quality index to evaluate the quality of earnings relative to operating cash generation.

Huali Industries Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Huali Industries ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Zhe Jiang Li Zi Yuan Food Co Ltd SHG:605337	0.147x
Brilliance Technology Co Ltd SHE:300542	-0.164x
Kura Sushi USA Inc NASDAQ:KRUS	0.003x
Goodluck India Limited NSE:GOODLUCK	0.037x
National Petroleum Co Ltd TW:9937	0.039x
ATCO Ltd. TO:ACO-Y	0.047x
Guangdong Hybribio Biotech Co Ltd SHE:300639	0.018x
The Erawan Group Public Company Limited BK:ERW	0.067x

Annual Cash Flow Conversion Efficiency for Huali Industries (2011–2024)

The table below shows the annual cash flow conversion efficiency of Huali Industries from 2011 to 2024. For the full company profile with market capitalisation and key ratios, see how much is Huali Industries worth.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CN¥1.58 Billion ≈ $231.56 Million	CN¥297.54 Million ≈ $43.54 Million	0.188x	+125.17%
2023-12-31	CN¥1.37 Billion ≈ $200.49 Million	CN¥114.41 Million ≈ $16.74 Million	0.084x	-29.60%
2022-12-31	CN¥1.36 Billion ≈ $198.63 Million	CN¥161.00 Million ≈ $23.56 Million	0.119x	+1689.34%
2021-12-31	CN¥1.36 Billion ≈ $198.35 Million	CN¥-10.12 Million ≈ $-1.48 Million	-0.007x	-121.17%
2020-12-31	CN¥1.09 Billion ≈ $159.24 Million	CN¥38.36 Million ≈ $5.61 Million	0.035x	-67.85%
2019-12-31	CN¥1.10 Billion ≈ $160.72 Million	CN¥120.41 Million ≈ $17.62 Million	0.110x	+2.66%
2018-12-31	CN¥1.02 Billion ≈ $149.85 Million	CN¥109.36 Million ≈ $16.00 Million	0.107x	+54.01%
2017-12-31	CN¥939.78 Million ≈ $137.52 Million	CN¥65.16 Million ≈ $9.54 Million	0.069x	-58.31%
2016-12-31	CN¥529.46 Million ≈ $77.48 Million	CN¥88.07 Million ≈ $12.89 Million	0.166x	-41.90%
2015-12-31	CN¥453.56 Million ≈ $66.37 Million	CN¥129.85 Million ≈ $19.00 Million	0.286x	+122.09%
2014-12-31	CN¥383.96 Million ≈ $56.19 Million	CN¥49.50 Million ≈ $7.24 Million	0.129x	-13.30%
2013-12-31	CN¥312.86 Million ≈ $45.78 Million	CN¥46.52 Million ≈ $6.81 Million	0.149x	-46.27%
2012-12-31	CN¥244.77 Million ≈ $35.82 Million	CN¥67.74 Million ≈ $9.91 Million	0.277x	-20.33%
2011-12-31	CN¥186.21 Million ≈ $27.25 Million	CN¥64.69 Million ≈ $9.47 Million	0.347x	--

About Huali Industries

SHG:603038 China Furnishings, Fixtures & Appliances

Market Cap

$539.41 Million

CN¥3.69 Billion CNY

Market Cap Rank

#11820 Global

#3368 in China

Share Price

CN¥13.72

Change (1 day)

+1.86%

52-Week Range

CN¥11.47 - CN¥23.07

All Time High

CN¥137.66