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 3202 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
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.
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 |
|---|---|
|
Zhongchao Inc
NASDAQ:ZCMD
|
0.077x |
|
Carboclor
BA:CARC
|
0.037x |
|
Pan Asia Footwear Public Company Limited
BK:PAF
|
-0.092x |
|
KAP AG
F:IUR
|
0.002x |
|
Idealist Gayrimenkul Yatirim Ortakligi AS
IS:IDGYO
|
-0.133x |
|
VAIV Co. Inc.
KQ:301300
|
-0.035x |
|
Worldwide Healthcare Trust Plc
LSE:WWH
|
-0.002x |
|
Capital Point
TA:CPTP
|
-0.017x |
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 3202 market cap.
| 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