Harbin Xinguang Optic Electronics (688011) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Harbin Xinguang Optic Electronics (688011) has a cash flow conversion efficiency ratio of 0.001x 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¥1.54 Million ≈ $225.61K USD) by net assets (CN¥1.17 Billion ≈ $171.88 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Harbin Xinguang Optic Electronics - Cash Flow Conversion Efficiency Trend (2016–2024)
This chart illustrates how Harbin Xinguang Optic Electronics's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read how much debt does Harbin Xinguang Optic Electronics carry for a breakdown of total debt and financial obligations.
Harbin Xinguang Optic Electronics Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Harbin Xinguang Optic Electronics ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Nesco Limited
NSE:NESCO
|
0.077x |
|
Hangzhou Bio-Sincerity Pharma-Tech Co.Ltd.
SHE:301096
|
N/A |
|
Shandong Fengyuan Chemical Co Ltd
SHE:002805
|
0.004x |
|
Procter & Gamble Health Limited
NSE:PGHL
|
0.278x |
|
Shenzhen Sosen Electronics Co.Ltd.
SHE:301002
|
-0.007x |
|
Mingchen Health Co Ltd Class A
SHE:002919
|
0.050x |
|
Jiangsu High Hope International Group Corp
SHG:600981
|
-0.061x |
|
Yuanli Chemical Group Co Ltd
SHG:603217
|
0.010x |
Annual Cash Flow Conversion Efficiency for Harbin Xinguang Optic Electronics (2016–2024)
The table below shows the annual cash flow conversion efficiency of Harbin Xinguang Optic Electronics from 2016 to 2024. For the full company profile with market capitalisation and key ratios, see 688011 market cap overview.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥1.09 Billion ≈ $159.73 Million |
CN¥-6.57 Million ≈ $-961.11K |
-0.006x | -1105.32% |
| 2023-12-31 | CN¥1.14 Billion ≈ $167.41 Million |
CN¥684.74K ≈ $100.20K |
0.001x | -88.36% |
| 2022-12-31 | CN¥1.20 Billion ≈ $175.01 Million |
CN¥6.15 Million ≈ $900.15K |
0.005x | +128.53% |
| 2021-12-31 | CN¥1.24 Billion ≈ $180.96 Million |
CN¥-22.29 Million ≈ $-3.26 Million |
-0.018x | -246.49% |
| 2020-12-31 | CN¥1.23 Billion ≈ $180.26 Million |
CN¥15.16 Million ≈ $2.22 Million |
0.012x | +62.00% |
| 2019-12-31 | CN¥1.22 Billion ≈ $179.24 Million |
CN¥9.31 Million ≈ $1.36 Million |
0.008x | -89.04% |
| 2018-12-31 | CN¥297.97 Million ≈ $43.60 Million |
CN¥20.66 Million ≈ $3.02 Million |
0.069x | +138.65% |
| 2017-12-31 | CN¥414.25 Million ≈ $60.62 Million |
CN¥-74.32 Million ≈ $-10.87 Million |
-0.179x | -204.89% |
| 2016-12-31 | CN¥202.18 Million ≈ $29.58 Million |
CN¥34.58 Million ≈ $5.06 Million |
0.171x | -- |
About Harbin Xinguang Optic Electronics
Harbin Xinguang Optic-Electronics Technology Co.,Ltd. engages in the research and development, production, and sale of optoelectronic products in China. The company offers optical guidance systems, including optical imaging and non-imaging guidance; visible light optical imaging guidance simulators, solar simulators; infrared medium wave, and long wave optical guidance simulators; laser simulator… Read more