Changhae Ethanol Co. Ltd (004650) - 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. See defensive interval ratio of Changhae Ethanol Co. Ltd to measure how many days the company can operate on defensive assets alone.
Changhae Ethanol Co. Ltd - Cash Flow Conversion Efficiency Trend (2014–2025)
This chart illustrates how Changhae Ethanol Co. Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
T Scientific Co.Ltd
KQ:057680
|
-0.008x |
|
Intrum Justitia AB
ST:INTRUM
|
0.059x |
|
Mangalam Organics Limited
NSE:MANORG
|
0.034x |
|
Turism Felix B
RO:TUFE
|
0.094x |
|
Toba Pulp Lestari Tbk
JK:INRU
|
0.130x |
|
Razor Labs Ltd
TA:RZR
|
2.512x |
|
Dc Infotech And Communication Limited
NSE:DCI
|
-0.242x |
|
Highlight Communications AG
XETRA:HLG
|
-26.847x |
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. For the full company profile with market capitalisation and key ratios, see Changhae Ethanol Co. Ltd market capitalisation.
| 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
Changhae Ethanol Co., Ltd. produces and sells spirits from sugar cane, tapioca, rice, and barley crops in South Korea. The company offers fermented ethyl alcohol and refined alcohol. It also provides DDGS, a raw material for manufacturing high quality feed; CO2, a carbon dioxide gas generated during fermentation process; and CDS, a raw material for liquid feed and fertilizer. In addition, the com… Read more