Baiksan (035150) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Baiksan (035150) has a cash flow conversion efficiency ratio of 0.009x 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 (₩2.28 Billion ≈ $1.55 Million USD) by net assets (₩259.30 Billion ≈ $175.73 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Baiksan - Cash Flow Conversion Efficiency Trend (2003–2024)
This chart illustrates how Baiksan's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read total liabilities of Baiksan for a breakdown of total debt and financial obligations.
Baiksan Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Baiksan ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Socovesa
SN:SOCOVESA
|
-0.126x |
|
Generalplus Technology Inc
TW:4952
|
0.069x |
|
Omiris AG
F:HBD1
|
N/A |
|
Jindal Drilling And Industries Limited
NSE:JINDRILL
|
0.137x |
|
Ekovest Bhd
KLSE:8877
|
0.028x |
|
Waton Financial Limited Ordinary Shares
NASDAQ:WTF
|
0.105x |
|
Premia S.A.
AT:PREMIA
|
0.007x |
|
Banque nationale de Belgique Société anonyme
BR:BNB
|
N/A |
Annual Cash Flow Conversion Efficiency for Baiksan (2003–2024)
The table below shows the annual cash flow conversion efficiency of Baiksan from 2003 to 2024. For the full company profile with market capitalisation and key ratios, see Baiksan market cap and net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | ₩250.37 Billion ≈ $169.67 Million |
₩56.22 Billion ≈ $38.10 Million |
0.225x | +1.08% |
| 2023-12-31 | ₩208.46 Billion ≈ $141.27 Million |
₩46.31 Billion ≈ $31.38 Million |
0.222x | -22.37% |
| 2022-12-31 | ₩180.16 Billion ≈ $122.09 Million |
₩51.55 Billion ≈ $34.94 Million |
0.286x | +330.93% |
| 2021-12-31 | ₩147.01 Billion ≈ $99.63 Million |
₩9.76 Billion ≈ $6.62 Million |
0.066x | -75.12% |
| 2020-12-31 | ₩122.43 Billion ≈ $82.97 Million |
₩32.68 Billion ≈ $22.15 Million |
0.267x | +557.90% |
| 2019-12-31 | ₩142.23 Billion ≈ $96.39 Million |
₩5.77 Billion ≈ $3.91 Million |
0.041x | +170.18% |
| 2018-12-31 | ₩138.09 Billion ≈ $93.58 Million |
₩-7.98 Billion ≈ $-5.41 Million |
-0.058x | -134.12% |
| 2017-12-31 | ₩125.04 Billion ≈ $84.74 Million |
₩21.19 Billion ≈ $14.36 Million |
0.169x | -5.27% |
| 2016-12-31 | ₩123.06 Billion ≈ $83.39 Million |
₩22.01 Billion ≈ $14.92 Million |
0.179x | +339.21% |
| 2015-12-31 | ₩103.60 Billion ≈ $70.21 Million |
₩4.22 Billion ≈ $2.86 Million |
0.041x | -80.69% |
| 2014-12-31 | ₩92.03 Billion ≈ $62.37 Million |
₩19.41 Billion ≈ $13.15 Million |
0.211x | +219.09% |
| 2013-12-31 | ₩95.44 Billion ≈ $64.68 Million |
₩6.31 Billion ≈ $4.27 Million |
0.066x | -50.61% |
| 2012-12-31 | ₩90.80 Billion ≈ $61.53 Million |
₩12.15 Billion ≈ $8.23 Million |
0.134x | -9.12% |
| 2011-12-31 | ₩83.37 Billion ≈ $56.50 Million |
₩12.28 Billion ≈ $8.32 Million |
0.147x | +501.41% |
| 2010-12-31 | ₩64.90 Billion ≈ $43.98 Million |
₩1.59 Billion ≈ $1.08 Million |
0.024x | -78.10% |
| 2009-12-31 | ₩57.75 Billion ≈ $39.14 Million |
₩6.46 Billion ≈ $4.37 Million |
0.112x | +25.20% |
| 2008-12-31 | ₩49.94 Billion ≈ $33.85 Million |
₩4.46 Billion ≈ $3.02 Million |
0.089x | +70.83% |
| 2006-12-31 | ₩57.28 Billion ≈ $38.82 Million |
₩2.99 Billion ≈ $2.03 Million |
0.052x | -66.17% |
| 2005-12-31 | ₩64.05 Billion ≈ $43.40 Million |
₩9.89 Billion ≈ $6.71 Million |
0.154x | +720.61% |
| 2004-12-31 | ₩62.71 Billion ≈ $42.50 Million |
₩1.18 Billion ≈ $800.06K |
0.019x | -87.70% |
| 2003-12-31 | ₩79.50 Billion ≈ $53.88 Million |
₩12.17 Billion ≈ $8.25 Million |
0.153x | -- |
About Baiksan
BAIKSAN Co,. Ltd engages in the production, manufacture, and sale of synthetic leather, resin, and non-woven fabric in South Korea. Its products are used in shoes, clothing, bags, sporting and electronic product cases, furniture, automobile interior materials, and other goods. The company was formerly known as Baiksan Hwasugn Co., Ltd. and changed its name to BAIKSAN Co,. Ltd in April 1998. BAIKS… Read more