HD Renewable Energy Co. Ltd. (6873) - Cash Flow Conversion Efficiency

Latest as of December 2024: 0.070x

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. See 6873 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.

HD Renewable Energy Co. Ltd. - Cash Flow Conversion Efficiency Trend (2018–2024)

This chart illustrates how HD Renewable Energy Co. Ltd.'s cash flow conversion efficiency has evolved over time, based on yearly financial data.

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.

Company	Cash Flow Conversion Efficiency
NWTN Inc. Class B Ordinary Shares NASDAQ:NWTN	0.062x
Ningbo Heli Mould Technology Co Ltd Class A SHG:603917	0.027x
Qtone Education Group Guangdong Ltd SHE:300359	-0.005x
Voxel S.A. WAR:VOX	0.074x
CPH Chemie und Papier Holding SW:CPHN	0.145x
Chengdu Dahongli Machinery Co Ltd SHE:300865	0.015x
Silicius Real Estate SOCIMI S.A. MC:YSIL	-0.004x
Rocket Pharmaceuticals Inc NASDAQ:RCKT	-0.191x

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. For the full company profile with market capitalisation and key ratios, see HD Renewable Energy Co. Ltd. stock valuation.

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.

TW:6873 Taiwan Engineering & Construction

Market Cap

$345.34 Million

NT$10.96 Billion TWD

Market Cap Rank

#14264 Global

#604 in Taiwan

Share Price

NT$77.60

Change (1 day)

-1.40%

52-Week Range

NT$77.60 - NT$257.50

All Time High

NT$290.50