Changhae Ethanol Co. Ltd Cash Flow Conversion Efficiency

Latest as of March 2026: 0.102x

Changhae Ethanol Co. Ltd cash flow conversion efficiency. Based on the latest financial reports, Changhae Ethanol Co. Ltd (004650) has a cash flow conversion efficiency ratio of 0.102x as of March 2026. 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 (₩14.74 Billion ≈ $9.99 Million USD) by net assets (₩144.53 Billion ≈ $97.94 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Cash Flow Conversion Efficiency of Changhae Ethanol Co. Ltd (2014–2025)

Cash flow conversion efficiency of Changhae Ethanol Co. Ltd from 2014 to 2025. This chart illustrates how Changhae Ethanol Co. Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. View 004650 stock price for real-time trading data and today's change.

Changhae Ethanol Co. Ltd Cash Flow Conversion Ratio Explained

Changhae Ethanol Co. Ltd cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.

Changhae Ethanol Co. Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Changhae Ethanol Co. Ltd ranked by their cash flow conversion efficiency. Also see Changhae Ethanol Co. Ltd stock valuation for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
Asia Pacific Wire & Cable Corp Ltd NASDAQ:APWC	-0.066x
Hvidbjerg Bank CO:HVID	0.002x
AC S.A. WAR:ACG	0.102x
Classic Scenic Bhd KLSE:7202	-0.046x
AGX Group Berhad KLSE:0299	0.039x
Atende S.A. WAR:ATD	0.055x
Francotyp-Postalia Holding AG F:FPH	0.005x
Clene Inc. NASDAQ:CLNN	0.104x

Annual Cash Flow Conversion Efficiency for Changhae Ethanol Co. Ltd (2014–2025)

The table below shows the annual cash flow conversion efficiency of Changhae Ethanol Co. Ltd from 2014 to 2025. Review Changhae Ethanol Co. Ltd (004650) FCF generation index to assess how much free cash flow the company generates relative to operating cash flow.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	₩145.65 Billion ≈ $98.71 Million	₩20.34 Billion ≈ $13.78 Million	0.140x	+22.07%
2024-12-31	₩133.08 Billion ≈ $90.18 Million	₩15.22 Billion ≈ $10.32 Million	0.114x	+78.92%
2023-12-31	₩128.14 Billion ≈ $86.84 Million	₩8.19 Billion ≈ $5.55 Million	0.064x	+170.73%
2022-12-31	₩131.95 Billion ≈ $89.42 Million	₩3.12 Billion ≈ $2.11 Million	0.024x	-75.10%
2021-12-31	₩134.68 Billion ≈ $91.27 Million	₩12.77 Billion ≈ $8.66 Million	0.095x	+1.65%
2020-12-31	₩130.90 Billion ≈ $88.71 Million	₩12.21 Billion ≈ $8.28 Million	0.093x	-53.38%
2019-12-31	₩124.35 Billion ≈ $84.27 Million	₩24.89 Billion ≈ $16.86 Million	0.200x	+134.04%
2018-12-31	₩105.87 Billion ≈ $71.74 Million	₩9.05 Billion ≈ $6.13 Million	0.086x	-64.10%
2017-12-31	₩109.16 Billion ≈ $73.97 Million	₩26.00 Billion ≈ $17.62 Million	0.238x	+1658.89%
2016-12-31	₩110.41 Billion ≈ $74.82 Million	₩1.49 Billion ≈ $1.01 Million	0.014x	-96.11%
2015-12-31	₩115.16 Billion ≈ $78.04 Million	₩40.12 Billion ≈ $27.19 Million	0.348x	+64.11%
2014-12-31	₩146.03 Billion ≈ $98.96 Million	₩31.01 Billion ≈ $21.01 Million	0.212x	--

About Changhae Ethanol Co. Ltd

KQ:004650 Korea Beverages - Wineries & Distilleries

Market Cap

$47.82 Million

₩70.56 Billion KRW

Market Cap Rank

#21906 Global

#1333 in Korea

Share Price

₩9300.00

Change (1 day)

-0.75%

52-Week Range

₩8870.00 - ₩12010.00

All Time High

₩18858.82