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. See Mirae Asset Life Insurance Co Ltd defensive interval ratio to measure how many days the company can operate on defensive assets alone.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
TIME Dotcom Bhd
KLSE:5031
|
0.104x |
|
NH Hoteles
MC:NHH
|
0.219x |
|
Inesa Intelligent Tech Inc A
SHG:600602
|
-0.009x |
|
Maple Leaf Foods Inc.
TO:MFI
|
0.044x |
|
Sinopharm Group Co. Ltd
F:X2S
|
-0.020x |
|
PNB Housing Finance Limited
NSE:PNBHOUSING
|
-0.215x |
|
Veracyte Inc
NASDAQ:VCYT
|
0.036x |
|
Air China Limited
F:AD2
|
0.337x |
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