Highcon Systems Ltd
Highcon Systems Ltd. engages in the provision of a proprietary technology for digital cutting and creasing solutions for post print processes in the folding carton and corrugated carton industry. Its products include Highcon Beam 2C for the digital cutting and creasing for corrugated board; Highcon Beam 2 for the digital cutting and creasing for mainstream production; Highcon Euclid 5, a digital … Read more
Highcon Systems Ltd (HICN) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2023: -1.111x
Based on the latest financial reports, Highcon Systems Ltd (HICN) has a cash flow conversion efficiency ratio of -1.111x 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 (ILA-5.70 Million) by net assets (ILA5.13 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Highcon Systems Ltd - Cash Flow Conversion Efficiency Trend (2019–2024)
This chart illustrates how Highcon Systems Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Highcon Systems Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Highcon Systems Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
SKILW
PINK:SKILW
|
-4.729x |
|
Plantable Health Inc
PINK:PLBLF
|
-1.250x |
|
DIGITAL CHINA
MU:DIN
|
N/A |
|
TATEPA COMPANY LTD
DSE:TTP
|
N/A |
|
ONGRF
OTCQB:ONGRF
|
-31.129x |
|
Arif Habib Ltd
KAR:AHL
|
N/A |
|
ORIENTAL WATCH
BE:OWT
|
N/A |
|
Cirata plc
LSE:CRTA
|
-0.638x |
Annual Cash Flow Conversion Efficiency for Highcon Systems Ltd (2019–2024)
The table below shows the annual cash flow conversion efficiency of Highcon Systems Ltd from 2019 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | ILA-15.92 Million | ILA-7.52 Million | 0.472x | -89.32% |
| 2023-12-31 | ILA-3.40 Million | ILA-15.05 Million | 4.423x | +354.33% |
| 2022-12-31 | ILA16.26 Million | ILA-28.28 Million | -1.739x | -97.82% |
| 2021-12-31 | ILA21.33 Million | ILA-18.75 Million | -0.879x | -250.28% |
| 2020-12-31 | ILA41.02 Million | ILA-10.30 Million | -0.251x | +95.24% |
| 2019-12-31 | ILA2.46 Million | ILA-12.98 Million | -5.271x | -- |