HD Renewable Energy Co. Ltd. Cash Flow Conversion Efficiency
HD Renewable Energy Co. Ltd. cash flow conversion efficiency. Based on the latest financial reports, HD Renewable Energy Co. Ltd. (6873) has a cash flow conversion efficiency ratio of 0.070x as of December 2024. 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 (NT$650.16 Million ≈ $20.48 Million USD) by net assets (NT$9.28 Billion ≈ $292.40 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of HD Renewable Energy Co. Ltd. (2018–2024)
Cash flow conversion efficiency of HD Renewable Energy Co. Ltd. from 2018 to 2024. This chart illustrates how HD Renewable Energy Co. Ltd.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. View HD Renewable Energy Co. Ltd. share price for real-time trading data and today's change.
HD Renewable Energy Co. Ltd. Cash Flow Conversion Ratio Explained
HD Renewable Energy Co. Ltd. cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
HD Renewable Energy Co. Ltd. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of HD Renewable Energy Co. Ltd. ranked by their cash flow conversion efficiency. Also see 6873 market cap overview for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Savior Lifetec
TWO:4167
|
-0.026x |
|
Comstock Holding Companies Inc
NASDAQ:CHCI
|
0.174x |
|
Optimum Communications, Inc.
NYSE:OPTU
|
-0.041x |
|
Micro Systemation AB (publ)
ST:MSAB-B
|
0.161x |
|
Bank Multiarta Sentosa PT
JK:MASB
|
0.015x |
|
S H Kelkar and Company Limited
NSE:SHK
|
0.096x |
|
Young Fast Optoelectronics Co Ltd
TW:3622
|
0.016x |
|
Alfas Solar Enerji Sanayi ve Ticaret A.S.
IS:ALFAS
|
0.291x |
Annual Cash Flow Conversion Efficiency for HD Renewable Energy Co. Ltd. (2018–2024)
The table below shows the annual cash flow conversion efficiency of HD Renewable Energy Co. Ltd. from 2018 to 2024. Review 6873 FCF generation index to assess how much free cash flow the company generates relative to operating cash flow.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | NT$9.28 Billion ≈ $292.40 Million |
NT$2.05 Billion ≈ $64.70 Million |
0.221x | +172.85% |
| 2023-12-31 | NT$5.85 Billion ≈ $184.33 Million |
NT$-1.78 Billion ≈ $-55.99 Million |
-0.304x | -183.01% |
| 2022-12-31 | NT$3.39 Billion ≈ $106.95 Million |
NT$1.24 Billion ≈ $39.14 Million |
0.366x | +390.43% |
| 2021-12-31 | NT$1.64 Billion ≈ $51.75 Million |
NT$-206.96 Million ≈ $-6.52 Million |
-0.126x | -121.62% |
| 2020-12-31 | NT$717.51 Million ≈ $22.61 Million |
NT$418.16 Million ≈ $13.17 Million |
0.583x | +163.83% |
| 2019-12-31 | NT$625.21 Million ≈ $19.70 Million |
NT$138.10 Million ≈ $4.35 Million |
0.221x | +38.23% |
| 2018-12-31 | NT$136.14 Million ≈ $4.29 Million |
NT$21.75 Million ≈ $685.40K |
0.160x | -- |
About HD Renewable Energy Co. Ltd.
HD Renewable Energy Co., Ltd. engages in the development of solar power generation systems, engineering construction, and maintenances in Taiwan. It also provides development, design, engineering, and maintenance services of various solar power stations; asset management services; aquaculture management and intelligent energy services; fisheries services; and energy technology services. In additi… Read more