High-Tek Harness Enterprise Co Ltd Cash Flow Conversion Efficiency
High-Tek Harness Enterprise Co Ltd 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.
Cash Flow Conversion Efficiency of High-Tek Harness Enterprise Co Ltd (2017–2023)
Cash flow conversion efficiency of High-Tek Harness Enterprise Co Ltd from 2017 to 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. View today's stock price for High-Tek Harness Enterprise Co Ltd for real-time trading data and today's change.
High-Tek Harness Enterprise Co Ltd Cash Flow Conversion Ratio Explained
High-Tek Harness Enterprise 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.
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. Also see 3202 market cap for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Diamyd Medical AB (publ)
ST:DMYD-B
|
-0.276x |
|
New Bubbleroom Sweden AB
ST:BBROOM
|
0.097x |
|
Baid Finserv Limited
NSE:BAIDFIN
|
0.008x |
|
OURGAME INT.HOL.DL-00005
F:13O
|
N/A |
|
Adler Group SA
F:ADJ
|
-0.053x |
|
Firebird Metals Ltd
AU:FRB
|
-0.086x |
|
Canadian North Resources Inc.
V:CNRI
|
0.006x |
|
Mercer International Inc
F:AEZ
|
0.154x |
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. Review cash generation quality of High-Tek Harness Enterprise Co Ltd 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 |
|---|---|---|---|---|
| 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