Hsinjing Holding Co Ltd
Hsinjing Holding Co., Ltd., together with its subsidiaries, plans, designs, and installs solar power generation systems in Taiwan. The company engages in the research, development, manufacturing, and sale of various solar panel modules; investment, development, construction, and operation of solar power plants; and ownership of solar power stations. It is also involved in renewable energy self-us… Read more
Hsinjing Holding Co Ltd (3713) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: -0.095x
Based on the latest financial reports, Hsinjing Holding Co Ltd (3713) has a cash flow conversion efficiency ratio of -0.095x as of September 2025.
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$-72.35 Million) by net assets (NT$761.59 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Hsinjing Holding Co Ltd - Cash Flow Conversion Efficiency Trend (2017–2024)
This chart illustrates how Hsinjing Holding Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Hsinjing Holding Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Hsinjing Holding Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
ELTA Technology Co.,Ltd.
TW:8487
|
0.114x |
|
Spectral AI Inc.
NASDAQ:MDAI
|
0.305x |
|
Maan Aluminium Limited
NSE:MAANALU
|
0.076x |
|
Micro-X Limited
PINK:MCRXF
|
-0.364x |
|
Howteh Technology Co Ltd
TWO:3114
|
-0.036x |
|
SG Capital PCL
BK:SGC
|
0.009x |
|
Lucky Royal Co., Ltd.
TW:7791
|
N/A |
|
NFiniTi inc.
PINK:NFTN
|
0.000x |
Annual Cash Flow Conversion Efficiency for Hsinjing Holding Co Ltd (2017–2024)
The table below shows the annual cash flow conversion efficiency of Hsinjing Holding Co Ltd from 2017 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | NT$624.50 Million | NT$325.39 Million | 0.521x | +273.89% |
| 2023-12-31 | NT$668.40 Million | NT$93.15 Million | 0.139x | +121.35% |
| 2022-12-31 | NT$691.83 Million | NT$-451.64 Million | -0.653x | -168.85% |
| 2021-12-31 | NT$620.93 Million | NT$-150.78 Million | -0.243x | -1686.60% |
| 2020-12-31 | NT$499.58 Million | NT$-6.79 Million | -0.014x | -125.32% |
| 2019-12-31 | NT$564.15 Million | NT$30.28 Million | 0.054x | +123.43% |
| 2018-12-31 | NT$547.98 Million | NT$-125.56 Million | -0.229x | +39.16% |
| 2017-12-31 | NT$363.01 Million | NT$-136.72 Million | -0.377x | -- |