High-Tek Harness Enterprise Co Ltd (3202) - Cash Flow Conversion Efficiency
Based on the latest financial reports, High-Tek Harness Enterprise Co Ltd (3202) has a cash flow conversion efficiency ratio of 0.014x as of September 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$38.31 Million ≈ $1.21 Million USD) by net assets (NT$2.69 Billion ≈ $84.82 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 how leveraged is High-Tek Harness Enterprise Co Ltd's balance sheet to measure how much of total assets are equity-financed.
High-Tek Harness Enterprise Co Ltd - Cash Flow Conversion Efficiency Trend (2017–2023)
This chart illustrates how High-Tek Harness Enterprise Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check High-Tek Harness Enterprise Co Ltd cash earnings quality to evaluate the quality of earnings relative to operating cash generation.
High-Tek Harness Enterprise Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of High-Tek Harness Enterprise Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Telefield Inc
KQ:091440
|
-0.094x |
|
Dynamic Metals Ltd
AU:DYM
|
-0.033x |
|
Barrel Co. Ltd
KQ:267790
|
-0.054x |
|
North Eastern Carrying Corporation Limited
NSE:NECCLTD
|
-0.030x |
|
Mgenplus Co. Ltd.
KQ:032790
|
-0.096x |
|
Canadian North Resources Inc.
V:CNRI
|
0.006x |
|
Microelectronics Technology Inc
TW:2314
|
0.362x |
|
Crookes Brothers Ltd
JSE:CKS
|
-0.038x |
Annual Cash Flow Conversion Efficiency for High-Tek Harness Enterprise Co Ltd (2017–2023)
The table below shows the annual cash flow conversion efficiency of High-Tek Harness Enterprise Co Ltd from 2017 to 2023. For the full company profile with market capitalisation and key ratios, see High-Tek Harness Enterprise Co Ltd (3202) total market value.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | NT$2.41 Billion ≈ $75.88 Million |
NT$-356.92 Million ≈ $-11.24 Million |
-0.148x | -311.62% |
| 2022-12-31 | NT$2.13 Billion ≈ $67.15 Million |
NT$-76.74 Million ≈ $-2.42 Million |
-0.036x | -568.69% |
| 2021-12-31 | NT$2.00 Billion ≈ $62.91 Million |
NT$15.34 Million ≈ $483.26K |
0.008x | +105.28% |
| 2020-12-31 | NT$1.83 Billion ≈ $57.50 Million |
NT$-265.53 Million ≈ $-8.37 Million |
-0.145x | -4801.56% |
| 2019-12-31 | NT$1.84 Billion ≈ $57.86 Million |
NT$-5.45 Million ≈ $-171.74K |
-0.003x | -102.26% |
| 2018-12-31 | NT$1.06 Billion ≈ $33.37 Million |
NT$139.32 Million ≈ $4.39 Million |
0.132x | +837.06% |
| 2017-12-31 | NT$1.02 Billion ≈ $32.11 Million |
NT$-18.19 Million ≈ $-572.96K |
-0.018x | -- |
About High-Tek Harness Enterprise Co Ltd
High-Tek Harness Enterprise Co., Ltd. engages in the electronic device manufacturing, energy engineering, urban planning, medical, and fintech technology businesses in China. The company offers international medical tourism, regenerative medicine, dietary supplements, aesthetic medicine products, home biotech products, and pet health management products. It also provides financial technology and … Read more