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. See how many days can Socar Inc. fund operations to measure how many days the company can operate on defensive assets alone.
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.
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 |
|---|---|
|
Pacific Smiles Group Ltd
AU:PSQ
|
0.382x |
|
Firstec
KO:010820
|
0.003x |
|
Launch One Acquisition Corp. Class A Ordinary shares
NASDAQ:LPAA
|
0.000x |
|
Senao Networks
TWO:3558
|
0.049x |
|
BAJEL PROJECTS LTD
NSE:BAJEL
|
0.009x |
|
Soyea Technology Co Ltd
SHE:000909
|
0.022x |
|
Graf Global Corp
NYSE MKT:GRAF
|
0.000x |
|
Goody Science & Technology Co Ltd
SHE:002694
|
0.014x |
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.