Asia Paper (002310) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Asia Paper (002310) has a cash flow conversion efficiency ratio of 0.024x 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 (₩20.63 Billion ≈ $13.98 Million USD) by net assets (₩846.25 Billion ≈ $573.49 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Asia Paper - Cash Flow Conversion Efficiency Trend (2002–2024)
This chart illustrates how Asia Paper's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read Asia Paper balance sheet liabilities for a breakdown of total debt and financial obligations.
Asia Paper Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Asia Paper ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Steppe Gold Ltd
TO:STGO
|
0.068x |
|
Gorilla Technology Group Inc.
NASDAQ:GRRR
|
-0.013x |
|
KISCO Corp
KO:104700
|
0.008x |
|
Repay Holdings Corp
NASDAQ:RPAY
|
0.048x |
|
Trimegah Securities Tbk
JK:TRIM
|
-0.199x |
|
Investar Holding Corp
NASDAQ:ISTR
|
0.023x |
|
Willy Food
TA:WLFD
|
0.056x |
|
Groupe Pizzorno Environnement SA
PA:GPE
|
0.332x |
Annual Cash Flow Conversion Efficiency for Asia Paper (2002–2024)
The table below shows the annual cash flow conversion efficiency of Asia Paper from 2002 to 2024. For the full company profile with market capitalisation and key ratios, see 002310 market cap overview.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | ₩835.94 Billion ≈ $566.50 Million |
₩83.13 Billion ≈ $56.33 Million |
0.099x | -36.41% |
| 2023-12-31 | ₩849.76 Billion ≈ $575.87 Million |
₩132.89 Billion ≈ $90.06 Million |
0.156x | +7.58% |
| 2022-12-31 | ₩804.29 Billion ≈ $545.05 Million |
₩116.92 Billion ≈ $79.24 Million |
0.145x | -4.50% |
| 2021-12-31 | ₩714.42 Billion ≈ $484.15 Million |
₩108.75 Billion ≈ $73.70 Million |
0.152x | -9.00% |
| 2020-12-31 | ₩633.50 Billion ≈ $429.31 Million |
₩105.97 Billion ≈ $71.82 Million |
0.167x | -11.35% |
| 2019-12-31 | ₩584.88 Billion ≈ $396.36 Million |
₩110.36 Billion ≈ $74.79 Million |
0.189x | -31.13% |
| 2018-12-31 | ₩533.53 Billion ≈ $361.56 Million |
₩146.18 Billion ≈ $99.07 Million |
0.274x | +68679.07% |
| 2017-12-31 | ₩460.77 Billion ≈ $312.26 Million |
₩-184.09 Million ≈ $-124.76K |
0.000x | -100.60% |
| 2016-12-31 | ₩461.14 Billion ≈ $312.51 Million |
₩30.85 Billion ≈ $20.91 Million |
0.067x | +115.78% |
| 2015-12-31 | ₩440.43 Billion ≈ $298.47 Million |
₩13.65 Billion ≈ $9.25 Million |
0.031x | -81.13% |
| 2014-12-31 | ₩482.42 Billion ≈ $326.93 Million |
₩79.24 Billion ≈ $53.70 Million |
0.164x | +89.25% |
| 2013-12-31 | ₩469.11 Billion ≈ $317.91 Million |
₩40.71 Billion ≈ $27.59 Million |
0.087x | -68.62% |
| 2012-12-31 | ₩251.24 Billion ≈ $170.26 Million |
₩69.49 Billion ≈ $47.09 Million |
0.277x | +163.73% |
| 2011-12-31 | ₩220.60 Billion ≈ $149.50 Million |
₩23.13 Billion ≈ $15.68 Million |
0.105x | +96.72% |
| 2010-12-31 | ₩221.54 Billion ≈ $150.14 Million |
₩11.81 Billion ≈ $8.00 Million |
0.053x | -77.95% |
| 2009-12-31 | ₩225.12 Billion ≈ $152.56 Million |
₩54.44 Billion ≈ $36.89 Million |
0.242x | +241.58% |
| 2008-12-31 | ₩146.53 Billion ≈ $99.30 Million |
₩10.37 Billion ≈ $7.03 Million |
0.071x | -12.33% |
| 2007-12-31 | ₩146.31 Billion ≈ $99.15 Million |
₩11.81 Billion ≈ $8.01 Million |
0.081x | -58.67% |
| 2006-12-31 | ₩145.69 Billion ≈ $98.73 Million |
₩28.47 Billion ≈ $19.29 Million |
0.195x | +376.65% |
| 2005-12-31 | ₩139.45 Billion ≈ $94.51 Million |
₩5.72 Billion ≈ $3.87 Million |
0.041x | -59.90% |
| 2004-12-31 | ₩140.81 Billion ≈ $95.43 Million |
₩14.39 Billion ≈ $9.75 Million |
0.102x | -17.19% |
| 2003-12-31 | ₩145.67 Billion ≈ $98.72 Million |
₩17.98 Billion ≈ $12.19 Million |
0.123x | -51.92% |
| 2002-12-31 | ₩143.00 Billion ≈ $96.91 Million |
₩36.71 Billion ≈ $24.88 Million |
0.257x | -- |
About Asia Paper
Asia Paper Manufacturing. Co., Ltd engages in the production and sale of specialized industrial paper in South Korea. It offers corrugated materials and boxes, gypsum linerboards, and kraft papers. The company was founded in 1958 and is based in Seoul, South Korea.