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.
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. Read total liabilities of Harson Trading China Co Ltd for a breakdown of total debt and financial obligations.
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 |
|---|---|
|
Merry Electronics Co Ltd
TW:2439
|
-0.111x |
|
Zehnder
SW:ZEHN
|
0.213x |
|
Daewon Cable
KO:006340
|
-0.036x |
|
DongHua Testing Technology Co Ltd
SHE:300354
|
0.046x |
|
COMSTOCK HLDG-A
F:CHO
|
N/A |
|
Alto Neuroscience, Inc.
NYSE:ANRO
|
-0.076x |
|
Guangdong Biolight Meditech Co Ltd
SHE:300246
|
0.052x |
|
Tipco Asphalt Public Company Limited
BK:TASCO-R
|
0.046x |
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 603958 market cap.
| 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.