Myoung Shin Industrial Co Ltd (009900) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Myoung Shin Industrial Co Ltd (009900) has a cash flow conversion efficiency ratio of 0.115x 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 (₩85.17 Billion ≈ $57.72 Million USD) by net assets (₩738.32 Billion ≈ $500.35 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 009900 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Myoung Shin Industrial Co Ltd - Cash Flow Conversion Efficiency Trend (2016–2024)
This chart illustrates how Myoung Shin Industrial Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Myoung Shin Industrial Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Myoung Shin Industrial Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Ouro Fino Saúde Animal Participações S.A
SA:OFSA3
|
0.166x |
|
Precious Shipping Public Company Limited
BK:PSL-R
|
0.038x |
|
Shin Poong Pharm.Co.Ltd.
KO:019170
|
0.013x |
|
VT Industrial Technology Co Ltd
SHE:300707
|
0.049x |
|
Medios AG
XETRA:ILM1
|
0.021x |
|
Shanxi Tond Chemical Co Ltd
SHE:002360
|
0.009x |
|
Shiyan Taixiang Industry Co. Ltd. A
SHE:301192
|
0.026x |
|
Omega Flex Inc
NASDAQ:OFLX
|
0.007x |
Annual Cash Flow Conversion Efficiency for Myoung Shin Industrial Co Ltd (2016–2024)
The table below shows the annual cash flow conversion efficiency of Myoung Shin Industrial Co Ltd from 2016 to 2024. For the full company profile with market capitalisation and key ratios, see Myoung Shin Industrial Co Ltd market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | ₩697.48 Billion ≈ $472.67 Million |
₩203.70 Billion ≈ $138.04 Million |
0.292x | -36.52% |
| 2023-12-31 | ₩535.16 Billion ≈ $362.67 Million |
₩246.19 Billion ≈ $166.84 Million |
0.460x | +80.76% |
| 2022-12-31 | ₩383.80 Billion ≈ $260.10 Million |
₩97.68 Billion ≈ $66.20 Million |
0.255x | +231.77% |
| 2021-12-31 | ₩297.09 Billion ≈ $201.33 Million |
₩22.79 Billion ≈ $15.44 Million |
0.077x | -70.67% |
| 2020-12-31 | ₩184.05 Billion ≈ $124.73 Million |
₩48.13 Billion ≈ $32.62 Million |
0.262x | -68.13% |
| 2019-12-31 | ₩79.44 Billion ≈ $53.83 Million |
₩65.18 Billion ≈ $44.17 Million |
0.821x | +77.42% |
| 2018-12-31 | ₩46.28 Billion ≈ $31.37 Million |
₩21.41 Billion ≈ $14.51 Million |
0.462x | +90.94% |
| 2017-12-31 | ₩89.51 Billion ≈ $60.66 Million |
₩21.68 Billion ≈ $14.69 Million |
0.242x | -20.84% |
| 2016-12-31 | ₩83.22 Billion ≈ $56.40 Million |
₩25.47 Billion ≈ $17.26 Million |
0.306x | -- |
About Myoung Shin Industrial Co Ltd
Myoung Shin Industrial Co.,Ltd, together with its subsidiaries, engages in the manufacture and sale of automobile body parts in South Korea. The company was founded in 1982 and is headquartered in Gyeongju-si, South Korea.