Mirae Asset Life Insurance Co Ltd (085620) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Mirae Asset Life Insurance Co Ltd (085620) has a cash flow conversion efficiency ratio of 0.219x 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 (₩545.48 Billion ≈ $369.66 Million USD) by net assets (₩2.49 Trillion ≈ $1.69 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Mirae Asset Life Insurance Co Ltd - Cash Flow Conversion Efficiency Trend (2014–2024)
This chart illustrates how Mirae Asset Life Insurance Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read Mirae Asset Life Insurance Co Ltd debt and liabilities for a breakdown of total debt and financial obligations.
Mirae Asset Life Insurance Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Mirae Asset Life Insurance Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Aptus Value Housing Finance India Limited
NSE:APTUS
|
-0.027x |
|
Vestjysk Bank A/S
CO:VJBA
|
0.003x |
|
Daqo New Energy Corp ADR
NYSE:DQ
|
0.018x |
|
BCO LATINOAMER.D.COM.EX.E
F:D8Q
|
N/A |
|
Great Wall Enterprise Co Ltd
TW:1210
|
0.044x |
|
ZWSOFT Guangzhou Co Ltd
SHG:688083
|
0.046x |
|
Hotel101 Global Holdings Corp. Class A Ordinary Shares
NASDAQ:HBNB
|
N/A |
|
IRB Infrastructure Developers Limited
NSE:IRB
|
0.052x |
Annual Cash Flow Conversion Efficiency for Mirae Asset Life Insurance Co Ltd (2014–2024)
The table below shows the annual cash flow conversion efficiency of Mirae Asset Life Insurance Co Ltd from 2014 to 2024. For the full company profile with market capitalisation and key ratios, see Mirae Asset Life Insurance Co Ltd stock valuation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | ₩2.56 Trillion ≈ $1.74 Billion |
₩-253.25 Billion ≈ $-171.62 Million |
-0.099x | +69.93% |
| 2023-12-31 | ₩3.02 Trillion ≈ $2.04 Billion |
₩-990.66 Billion ≈ $-671.35 Million |
-0.329x | -513.38% |
| 2022-12-31 | ₩4.09 Trillion ≈ $2.77 Billion |
₩-218.89 Billion ≈ $-148.34 Million |
-0.054x | -201.40% |
| 2021-12-31 | ₩1.90 Trillion ≈ $1.29 Billion |
₩100.47 Billion ≈ $68.09 Million |
0.053x | +251.62% |
| 2020-12-31 | ₩2.29 Trillion ≈ $1.55 Billion |
₩-79.61 Billion ≈ $-53.95 Million |
-0.035x | -121.69% |
| 2019-12-31 | ₩2.34 Trillion ≈ $1.58 Billion |
₩375.21 Billion ≈ $254.28 Million |
0.161x | +199.70% |
| 2018-12-31 | ₩2.06 Trillion ≈ $1.40 Billion |
₩-332.62 Billion ≈ $-225.41 Million |
-0.161x | -133.39% |
| 2017-12-31 | ₩2.05 Trillion ≈ $1.39 Billion |
₩989.60 Billion ≈ $670.64 Million |
0.482x | -32.84% |
| 2016-12-31 | ₩1.88 Trillion ≈ $1.27 Billion |
₩1.35 Trillion ≈ $915.09 Million |
0.718x | -33.20% |
| 2015-12-31 | ₩1.86 Trillion ≈ $1.26 Billion |
₩2.00 Trillion ≈ $1.35 Billion |
1.075x | +1716.85% |
| 2014-12-31 | ₩1.50 Trillion ≈ $1.02 Billion |
₩-99.62 Billion ≈ $-67.51 Million |
-0.066x | -- |
About Mirae Asset Life Insurance Co Ltd
MIRAE ASSET Life Insurance Co., Ltd. provides personal insurance products and undertakes related reinsurance contracts in South Korea. The company offers pension/savings, whole life/term, cancer/health, dementia/nursing care, whole life/term, and retirement pension insurance products, as well as insurance loans. MIRAE ASSET Life Insurance Co., Ltd. was founded in 1988 and is headquartered in Seou… Read more