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. Also see 085620 market cap for the company's overall valuation and market capitalisation.
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.
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. Explore how high is Mirae Asset Life Insurance Co Ltd's earnings quality to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Netstreit Corp
NYSE:NTST
|
0.017x |
|
Stanmore Resources Ltd
AU:SMR
|
0.133x |
|
Ningxia Jiaze Renewables Corp
SHG:601619
|
0.189x |
|
Gorman-Rupp Company
NYSE:GRC
|
0.036x |
|
Harbin Hatou Investment Co Ltd
SHG:600864
|
0.090x |
|
Ningbo Yunsheng Co Ltd
SHG:600366
|
-0.014x |
|
Live Oak Bancshares, Inc.
NYSE:LOB
|
0.090x |
|
Costamare Inc
NYSE:CMRE
|
0.044x |
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. View Mirae Asset Life Insurance 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 | ₩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