Harson Trading China Co Ltd (603958) - 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. See Harson Trading China Co Ltd balance sheet independence to measure how much of total assets are equity-financed.
Harson Trading China Co Ltd - Cash Flow Conversion Efficiency Trend (2011–2024)
This chart illustrates how Harson Trading China Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check 603958 cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Shenzhen Xinhao Photoelectricity Technology Co. Ltd
SHE:301051
|
N/A |
|
Jiangsu Rijiu Optoelectronics Joint
SHE:003015
|
0.042x |
|
Pro Real Estate Investment Trust
TO:PRV-UN
|
0.019x |
|
Summit Midstream Corporation
NYSE:SMC
|
0.008x |
|
Zhanjiang Guolian Aquatic Products
SHE:300094
|
0.014x |
|
Nel ASA
OL:NEL
|
-0.023x |
|
Cedar Woods Properties Ltd
AU:CWP
|
0.159x |
|
National Research Corp
NASDAQ:NRC
|
0.532x |
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. For the full company profile with market capitalisation and key ratios, see market value of Harson Trading China Co Ltd.
| 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.