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. Also see market value of Myoung Shin Industrial Co Ltd for the company's overall valuation and market capitalisation.
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. Explore cash flow quality index of Myoung Shin Industrial Co Ltd to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Gansu Huangtai Wine-marketing Industry Co. Ltd.
SHE:000995
|
0.033x |
|
Global Tax Free Co. Ltd
KQ:204620
|
0.123x |
|
Marine Products Corporation
NYSE:MPX
|
0.077x |
|
Dirui Industrial Co Ltd
SHE:300396
|
-0.032x |
|
Seah Steel Corp
KO:306200
|
-0.019x |
|
Grindrod Shipping Holdings Ltd
NASDAQ:GRIN
|
0.127x |
|
Jiin Yeeh Ding Enterprise Co Ltd
TWO:8390
|
0.026x |
|
Anika Therapeutics Inc
NASDAQ:ANIK
|
-0.005x |
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. View Myoung Shin Industrial Co Ltd share price for real-time trading data and today's change.
| 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.