Vietnam Airlines JSC (HVN) - Cash Flow Conversion Efficiency

Latest as of June 2025: -0.690x

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. See Vietnam Airlines JSC balance sheet independence to measure how much of total assets are equity-financed.

Vietnam Airlines JSC - Cash Flow Conversion Efficiency Trend (2019–2024)

This chart illustrates how Vietnam Airlines JSC's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Vietnam Airlines JSC (HVN) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.

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.

Company	Cash Flow Conversion Efficiency
Select Energy Services Inc NYSE:WTTR	0.009x
Hangzhou Cable SHG:603618	-0.069x
BSP Financial Group Ltd AU:BFL	0.103x
Shikun & Binui TA:SKBN	-0.080x
Yankey Engineering Co Ltd TW:6691	0.058x
Xiamen Intretech Inc Class A SHE:002925	0.019x
Shanghai Yuyuan Tourist Mart Co Ltd SHG:600655	0.041x
Arcutis Biotherapeutics Inc NASDAQ:ARQT	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. For the full company profile with market capitalisation and key ratios, see market cap of Vietnam Airlines JSC.

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

$2.65 Billion

₫69.82 Trillion VND

Market Cap Rank

#5271 Global

#21 in Vietnam

Share Price

₫24850.00

Change (1 day)

+4.63%

52-Week Range

₫19300.00 - ₫38250.00

All Time High

₫40300.00