Mirae Corporation (025560) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Mirae Corporation (025560) has a cash flow conversion efficiency ratio of 0.042x 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 (₩5.11 Billion ≈ $3.47 Million USD) by net assets (₩121.31 Billion ≈ $82.21 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Mirae Corporation - Cash Flow Conversion Efficiency Trend (2003–2024)
This chart illustrates how Mirae Corporation's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read Mirae Corporation (025560) financial obligations for a breakdown of total debt and financial obligations.
Mirae Corporation Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Mirae Corporation ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
China Steel Corp Pref
TW:2002A
|
0.025x |
|
Plastiques du Val de Loire
PA:PVL
|
0.215x |
|
OFCO Industrial
TWO:5011
|
0.053x |
|
Live Verdure Ltd
AU:LV1
|
-0.448x |
|
Space Hellas SA
AT:SPACE
|
-0.583x |
|
AGX Group Berhad
KLSE:0299
|
0.075x |
|
Ralco Agencies Ltd
TA:RLCO
|
0.187x |
|
SCD Co. Ltd
KQ:042110
|
0.014x |
Annual Cash Flow Conversion Efficiency for Mirae Corporation (2003–2024)
The table below shows the annual cash flow conversion efficiency of Mirae Corporation from 2003 to 2024. For the full company profile with market capitalisation and key ratios, see market value of Mirae Corporation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | ₩106.01 Billion ≈ $71.84 Million |
₩328.69 Million ≈ $222.75K |
0.003x | -96.53% |
| 2023-12-31 | ₩74.91 Billion ≈ $50.76 Million |
₩6.69 Billion ≈ $4.53 Million |
0.089x | +37209.13% |
| 2022-12-31 | ₩93.37 Billion ≈ $63.27 Million |
₩22.35 Million ≈ $15.14K |
0.000x | -99.61% |
| 2021-12-31 | ₩84.64 Billion ≈ $57.36 Million |
₩5.21 Billion ≈ $3.53 Million |
0.062x | +676.83% |
| 2020-12-31 | ₩64.08 Billion ≈ $43.42 Million |
₩-683.40 Million ≈ $-463.13K |
-0.011x | +68.51% |
| 2019-12-31 | ₩65.14 Billion ≈ $44.14 Million |
₩-2.21 Billion ≈ $-1.50 Million |
-0.034x | -5.27% |
| 2018-12-31 | ₩47.60 Billion ≈ $32.26 Million |
₩-1.53 Billion ≈ $-1.04 Million |
-0.032x | -109.58% |
| 2017-12-31 | ₩60.62 Billion ≈ $41.08 Million |
₩-930.66 Million ≈ $-630.70K |
-0.015x | +86.92% |
| 2016-12-31 | ₩73.10 Billion ≈ $49.54 Million |
₩-8.58 Billion ≈ $-5.82 Million |
-0.117x | +32.92% |
| 2015-12-31 | ₩48.25 Billion ≈ $32.70 Million |
₩-8.45 Billion ≈ $-5.72 Million |
-0.175x | -7.43% |
| 2014-12-31 | ₩37.87 Billion ≈ $25.67 Million |
₩-6.17 Billion ≈ $-4.18 Million |
-0.163x | -856.75% |
| 2013-12-31 | ₩30.56 Billion ≈ $20.71 Million |
₩657.95 Million ≈ $445.88K |
0.022x | -52.94% |
| 2012-12-31 | ₩38.02 Billion ≈ $25.77 Million |
₩1.74 Billion ≈ $1.18 Million |
0.046x | +1456.43% |
| 2003-12-31 | ₩176.59 Billion ≈ $119.67 Million |
₩519.07 Million ≈ $351.77K |
0.003x | -- |
About Mirae Corporation
Mirae Corporation manufactures and sells semiconductor equipment in South Korea, Asia, and Europe. It offers ATE Test Handlers, such as memory, application, logic, and module test handlers, as well as burn-in sorters, auto scrap, and chillers. The company also provides SMT Mounters, including feeders and software's; linear motors, comprising U-coreless type, T-core type, and platen-core type; and… Read more