Harson Trading China Co Ltd Cash Flow Conversion Efficiency
Harson Trading China Co Ltd cash flow conversion efficiency. Based on the latest financial reports, Harson Trading China Co Ltd (603958) has a cash flow conversion efficiency ratio of 0.050x as of June 2023. 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¥41.04 Million ≈ $6.01 Million USD) by net assets (CN¥818.82 Million ≈ $119.82 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 Harson Trading China Co Ltd (2011–2024)
Cash flow conversion efficiency of Harson Trading China Co Ltd from 2011 to 2024. This chart illustrates how Harson Trading China Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Harson Trading China Co Ltd (603958) stock price for real-time trading data and today's change.
Harson Trading China Co Ltd Cash Flow Conversion Ratio Explained
Harson Trading China Co Ltd 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.
Harson Trading China Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Harson Trading China Co Ltd ranked by their cash flow conversion efficiency. Also see 603958 stock market capitalisation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Huasu Holdings Co Ltd
SHE:000509
|
-0.215x |
|
Shenzhen Neptunus Bioengineering Co Ltd
SHE:000078
|
-0.008x |
|
BGRIMM Science and Technology Co Ltd
SHG:600980
|
0.048x |
|
Shenzhen Bingchuan Network Co Ltd
SHE:300533
|
0.010x |
|
Rusoro Mining Ltd
V:RML
|
0.011x |
|
Home Bancorp Inc
NASDAQ:HBCP
|
0.025x |
|
YG Entertainment Inc
KQ:122870
|
0.041x |
|
Hunan Airbluer Environmental Protection Technology Co. Ltd.
SHE:301259
|
N/A |
Annual Cash Flow Conversion Efficiency for Harson Trading China Co Ltd (2011–2024)
The table below shows the annual cash flow conversion efficiency of Harson Trading China Co Ltd from 2011 to 2024. Review Harson Trading China Co Ltd free cash flow generation 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¥828.29 Million ≈ $121.20 Million |
CN¥-23.54 Million ≈ $-3.45 Million |
-0.028x | -130.80% |
| 2023-12-31 | CN¥813.59 Million ≈ $119.05 Million |
CN¥75.09 Million ≈ $10.99 Million |
0.092x | +178.69% |
| 2022-12-31 | CN¥813.62 Million ≈ $119.06 Million |
CN¥-95.43 Million ≈ $-13.96 Million |
-0.117x | -943.03% |
| 2021-12-31 | CN¥954.17 Million ≈ $139.63 Million |
CN¥13.27 Million ≈ $1.94 Million |
0.014x | +224.73% |
| 2020-12-31 | CN¥973.39 Million ≈ $142.44 Million |
CN¥-10.86 Million ≈ $-1.59 Million |
-0.011x | -123.20% |
| 2019-12-31 | CN¥1.03 Billion ≈ $150.32 Million |
CN¥49.38 Million ≈ $7.23 Million |
0.048x | -9.09% |
| 2018-12-31 | CN¥1.02 Billion ≈ $149.25 Million |
CN¥53.93 Million ≈ $7.89 Million |
0.053x | -28.61% |
| 2017-12-31 | CN¥1.14 Billion ≈ $167.38 Million |
CN¥84.73 Million ≈ $12.40 Million |
0.074x | +2349.44% |
| 2016-12-31 | CN¥1.19 Billion ≈ $173.44 Million |
CN¥-3.90 Million ≈ $-571.15K |
-0.003x | -105.30% |
| 2015-12-31 | CN¥658.99 Million ≈ $96.43 Million |
CN¥40.95 Million ≈ $5.99 Million |
0.062x | -86.42% |
| 2014-12-31 | CN¥552.80 Million ≈ $80.89 Million |
CN¥252.99 Million ≈ $37.02 Million |
0.458x | +94.94% |
| 2013-12-31 | CN¥498.12 Million ≈ $72.89 Million |
CN¥116.94 Million ≈ $17.11 Million |
0.235x | +35.68% |
| 2012-12-31 | CN¥405.62 Million ≈ $59.36 Million |
CN¥70.19 Million ≈ $10.27 Million |
0.173x | -72.51% |
| 2011-12-31 | CN¥279.92 Million ≈ $40.96 Million |
CN¥176.21 Million ≈ $25.79 Million |
0.630x | -- |
About Harson Trading China Co Ltd
Harson Trading (China) Co.,Ltd. engages in the design, development, production, and wholesale of leather products in China and internationally. It offers shoes, bags, clothing products, and accessories. The company was founded in 2006 and is based in Kunshan, China. Harson Trading (China) Co.,Ltd. is a subsidiary of Zhenxing International Co., Ltd.