Myoung Shin Industrial Co Ltd Cash Flow Conversion Efficiency
Myoung Shin Industrial Co Ltd 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.
Cash Flow Conversion Efficiency of Myoung Shin Industrial Co Ltd (2016–2024)
Cash flow conversion efficiency of Myoung Shin Industrial Co Ltd from 2016 to 2024. This chart illustrates how Myoung Shin Industrial Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. View 009900 stock price for real-time trading data and today's change.
Myoung Shin Industrial Co Ltd Cash Flow Conversion Ratio Explained
Myoung Shin Industrial Co Ltd cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
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. Also see Myoung Shin Industrial Co Ltd stock valuation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Cohen Dev
TA:CDEV
|
0.075x |
|
Veedol Corporation Limited
NSE:VEEDOL
|
N/A |
|
Evgo Inc
NASDAQ:EVGO
|
-0.021x |
|
Avalue Technology
TWO:3479
|
0.001x |
|
Ouro Fino Saúde Animal Participações S.A
SA:OFSA3
|
0.166x |
|
Senseonics Holdings, Inc. Common Stock
NYSE MKT:SENS
|
-0.202x |
|
Westwing Group AG
F:WEW
|
N/A |
|
Electrovaya Inc.
NASDAQ:ELVA
|
-0.174x |
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. Review how much free cash does Myoung Shin Industrial Co Ltd generate to assess how much free cash flow the company generates relative to operating cash flow.
| 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.