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.

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. Read debt load of Vietnam Airlines JSC for a breakdown of total debt and financial obligations.

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
Clariant AG SW:CLN	0.044x
Also Holding AG SW:ALSN	-0.194x
Zhejiang Huace Film TV Co SHE:300133	0.058x
Hyundai Elevator KO:017800	0.043x
Sixt SE XETRA:SIX2	0.307x
Carmila SA PA:CARM	0.031x
CA Immobilien Anlagen AG VI:CAI	0.013x
Siriuspoint Ltd NYSE:SPNT	0.004x

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 HVN market cap overview.

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

$2.41 Billion

₫63.49 Trillion VND

Market Cap Rank

#5579 Global

#23 in Vietnam

Share Price

₫22600.00

Change (1 day)

+0.89%

52-Week Range

₫19300.00 - ₫40300.00

All Time High

₫40300.00