Shin Poong Pap (002870) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.027x

Based on the latest financial reports, Shin Poong Pap (002870) has a cash flow conversion efficiency ratio of 0.027x 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 (₩2.00 Billion ≈ $1.36 Million USD) by net assets (₩73.70 Billion ≈ $49.95 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 Shin Poong Pap (002870) liquidity interval to measure how many days the company can operate on defensive assets alone.

Shin Poong Pap - Cash Flow Conversion Efficiency Trend (2013–2024)

This chart illustrates how Shin Poong Pap's cash flow conversion efficiency has evolved over time, based on yearly financial data.

Shin Poong Pap Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Shin Poong Pap ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Investcorp Credit Management BDC Inc NASDAQ:ICMB	0.196x
ReGen III Corp V:GIII	0.228x
Ihlas Yayin Holding A.S. IS:IHYAY	0.011x
The Glimpse Group, Inc. NASDAQ:GGRP	-0.534x
Fidelity Special Values LSE:FSV	0.010x
Rathbone Brothers PLC LSE:RAT	0.142x
PT Cilacap Samudera Fishing Industry Tbk JK:ASHA	-0.014x
Legacy Minerals Holdings Ltd AU:LGM	-0.037x

Annual Cash Flow Conversion Efficiency for Shin Poong Pap (2013–2024)

The table below shows the annual cash flow conversion efficiency of Shin Poong Pap from 2013 to 2024. For the full company profile with market capitalisation and key ratios, see 002870 market cap.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	₩71.72 Billion ≈ $48.60 Million	₩2.97 Billion ≈ $2.01 Million	0.041x	+116.93%
2023-12-31	₩71.64 Billion ≈ $48.55 Million	₩-17.53 Billion ≈ $-11.88 Million	-0.245x	-413.99%
2022-12-31	₩82.35 Billion ≈ $55.81 Million	₩-3.92 Billion ≈ $-2.66 Million	-0.048x	+15.71%
2021-12-31	₩89.38 Billion ≈ $60.57 Million	₩-5.05 Billion ≈ $-3.42 Million	-0.056x	+53.02%
2020-12-31	₩100.41 Billion ≈ $68.05 Million	₩-12.07 Billion ≈ $-8.18 Million	-0.120x	-147.31%
2019-12-31	₩68.90 Billion ≈ $46.69 Million	₩17.51 Billion ≈ $11.87 Million	0.254x	-5.18%
2018-12-31	₩52.23 Billion ≈ $35.39 Million	₩14.00 Billion ≈ $9.49 Million	0.268x	+1866.57%
2017-12-31	₩44.11 Billion ≈ $29.89 Million	₩601.10 Million ≈ $407.36K	0.014x	-92.10%
2016-12-31	₩41.33 Billion ≈ $28.01 Million	₩7.13 Billion ≈ $4.83 Million	0.173x	+159.74%
2015-12-31	₩40.99 Billion ≈ $27.78 Million	₩-11.84 Billion ≈ $-8.02 Million	-0.289x	-6.31%
2014-12-31	₩58.79 Billion ≈ $39.84 Million	₩-15.97 Billion ≈ $-10.82 Million	-0.272x	-1554.42%
2013-12-31	₩81.26 Billion ≈ $55.07 Million	₩-1.33 Billion ≈ $-904.12K	-0.016x	--

About Shin Poong Pap

KO:002870 Korea Packaging & Containers

Market Cap

$17.01 Million

₩25.10 Billion KRW

Market Cap Rank

#25637 Global

#1868 in Korea

Share Price

₩906.00

Change (1 day)

-2.05%

52-Week Range

₩859.00 - ₩1338.00

All Time High

₩4173.34