Vietnam Airlines JSC Cash Flow Conversion Efficiency

Latest as of June 2025: -0.690x

Vietnam Airlines JSC cash flow conversion efficiency. Based on the latest financial reports, Vietnam Airlines JSC (HVN) has a cash flow conversion efficiency ratio of -0.690x as of June 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 (₫2.14 Trillion ≈ $81.31 Million USD) by net assets (₫-3.10 Trillion ≈ $-117.78 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 Vietnam Airlines JSC (2019–2024)

Cash flow conversion efficiency of Vietnam Airlines JSC from 2019 to 2024. This chart illustrates how Vietnam Airlines JSC's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Vietnam Airlines JSC share price for real-time trading data and today's change.

Vietnam Airlines JSC Cash Flow Conversion Ratio Explained

Vietnam Airlines JSC 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.

Vietnam Airlines JSC Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Vietnam Airlines JSC ranked by their cash flow conversion efficiency. Also see Vietnam Airlines JSC stock valuation for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
Shake Shack Inc NYSE:SHAK	0.054x
Adani Wilmar Limited NSE:AWL	0.132x
Yantai Eddie Precision Mach SHG:603638	0.048x
Beijing Haohua Energy Resource Co Ltd SHG:601101	0.041x
Shufersal TA:SAE	0.022x
China Suntien Green Energy Corp Ltd SHG:600956	0.093x
Shandong Buchang Pharmaceuticals Co Ltd SHG:603858	-0.014x
Newell Brands Inc NASDAQ:NWL	0.012x

Annual Cash Flow Conversion Efficiency for Vietnam Airlines JSC (2019–2024)

The table below shows the annual cash flow conversion efficiency of Vietnam Airlines JSC from 2019 to 2024. Review HVN FCF generation index 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
2024-12-31	₫-9.34 Trillion ≈ $-355.02 Million	₫9.44 Trillion ≈ $358.68 Million	-1.010x	-397.64%
2023-12-31	₫-17.03 Trillion ≈ $-646.88 Million	₫3.46 Trillion ≈ $131.33 Million	-0.203x	+67.39%
2022-12-31	₫-11.06 Trillion ≈ $-420.05 Million	₫6.88 Trillion ≈ $261.50 Million	-0.623x	+95.17%
2021-12-31	₫524.21 Billion ≈ $19.92 Million	₫-6.76 Trillion ≈ $-256.81 Million	-12.894x	-1112.88%
2020-12-31	₫6.07 Trillion ≈ $230.71 Million	₫-6.46 Trillion ≈ $-245.27 Million	-1.063x	-324.32%
2019-12-31	₫18.61 Trillion ≈ $706.97 Million	₫8.82 Trillion ≈ $335.06 Million	0.474x	--

About Vietnam Airlines JSC

VN:HVN Vietnam Airlines

Market Cap

$2.33 Billion

₫61.39 Trillion VND

Market Cap Rank

#5471 Global

#21 in Vietnam

Share Price

₫21850.00

Change (1 day)

-2.24%

52-Week Range

₫19300.00 - ₫30650.00

All Time High

₫40300.00