Hainan Airlines Co Ltd B (900945) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Hainan Airlines Co Ltd B (900945) has a cash flow conversion efficiency ratio of 25.433x 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 ($2.99 Billion) by net assets ($117.55 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Hainan Airlines Co Ltd B - Cash Flow Conversion Efficiency Trend (2016–2024)
This chart illustrates how Hainan Airlines Co Ltd B's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read Hainan Airlines Co Ltd B (900945) financial obligations for a breakdown of total debt and financial obligations.
Hainan Airlines Co Ltd B Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Hainan Airlines Co Ltd B ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Insumos Agroquimicos SA
BA:INAG
|
-1.082x |
|
APCB Inc
TW:6108
|
0.037x |
|
Virtuix Holdings Inc. Class A Common Stock
NASDAQ:VTIX
|
0.643x |
|
The Platinum Group Public Company Limited
BK:PLAT
|
0.049x |
|
Atlas Salt Inc
V:SALT
|
0.010x |
|
NoiBai Cargo Terminal Services JSC
VN:NCT
|
0.169x |
|
Netas Telekomunikasyon AS
IS:NETAS
|
0.222x |
|
Nasmedia Co. Ltd
KQ:089600
|
-0.051x |
Annual Cash Flow Conversion Efficiency for Hainan Airlines Co Ltd B (2016–2024)
The table below shows the annual cash flow conversion efficiency of Hainan Airlines Co Ltd B from 2016 to 2024. For the full company profile with market capitalisation and key ratios, see market cap of Hainan Airlines Co Ltd B.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $1.54 Billion | $14.13 Billion | 9.169x | +78.94% |
| 2023-12-31 | $1.58 Billion | $8.08 Billion | 5.124x | +207.17% |
| 2022-12-31 | $458.85 Million | $-2.19 Billion | -4.781x | -7842.22% |
| 2021-12-31 | $10.97 Billion | $677.26 Million | 0.062x | +171.57% |
| 2020-12-31 | $-22.25 Billion | $-506.07 Million | 0.023x | -89.72% |
| 2019-12-31 | $62.11 Billion | $13.73 Billion | 0.221x | +64.79% |
| 2018-12-31 | $68.75 Billion | $9.22 Billion | 0.134x | -23.43% |
| 2017-12-31 | $73.96 Billion | $12.96 Billion | 0.175x | -3.20% |
| 2016-12-31 | $67.88 Billion | $12.29 Billion | 0.181x | -- |
About Hainan Airlines Co Ltd B
Hainan Airlines Holding Co., Ltd. provides passenger and cargo air transportation services in the People's Republic of China and Internationally. It also offers german rail and pet cabin care services; business ticket packages; seat selection, prepaid baggage, upgrade air meals, and insurance products. The company operates 1,400 domestic and international routes, including nearly 1,300 domestic r… Read more