Socar Inc. (403550) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Socar Inc. (403550) has a cash flow conversion efficiency ratio of -0.170x 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 (₩-30.41 Billion ≈ $-20.61 Million USD) by net assets (₩178.61 Billion ≈ $121.04 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Socar Inc. - Cash Flow Conversion Efficiency Trend (2020–2024)
This chart illustrates how Socar Inc.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Read Socar Inc. (403550) total liabilities for a breakdown of total debt and financial obligations.
Socar Inc. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Socar Inc. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Dhipaya Group Holdings PCL
BK:TIPH-R
|
N/A |
|
Nanjing Chixia Development Co Ltd
SHG:600533
|
0.001x |
|
Beijing Telesound Electronics Co Ltd
SHE:003004
|
0.017x |
|
ZKH Group Limited
NYSE:ZKH
|
0.078x |
|
Ginkgo Bioworks Holdings
NYSE:DNA
|
-0.094x |
|
Thaicom Public Company Limited
BK:THCOM
|
0.017x |
|
Somalogic Inc
NASDAQ:SLGC
|
-0.043x |
|
Ulusoy Elektrik Imalat
IS:ULUSE
|
-2.803x |
Annual Cash Flow Conversion Efficiency for Socar Inc. (2020–2024)
The table below shows the annual cash flow conversion efficiency of Socar Inc. from 2020 to 2024. For the full company profile with market capitalisation and key ratios, see Socar Inc. (403550) market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | ₩183.47 Billion ≈ $124.33 Million |
₩3.29 Billion ≈ $2.23 Million |
0.018x | +103.46% |
| 2023-12-31 | ₩211.74 Billion ≈ $143.49 Million |
₩-109.60 Billion ≈ $-74.27 Million |
-0.518x | -104.32% |
| 2022-12-31 | ₩247.58 Billion ≈ $167.78 Million |
₩-62.72 Billion ≈ $-42.51 Million |
-0.253x | -2094.54% |
| 2021-12-31 | ₩150.91 Billion ≈ $102.27 Million |
₩-1.74 Billion ≈ $-1.18 Million |
-0.012x | -107.10% |
| 2020-12-31 | ₩31.70 Billion ≈ $21.48 Million |
₩5.15 Billion ≈ $3.49 Million |
0.163x | -- |
About Socar Inc.
SOCAR Inc. operates as a mobility company in South Korea. It provides car sharing services. The company was founded in 2011 and is headquartered in Jeju-si, South Korea.