Tae Kwang Corporation
Tae Kwang Corporation manufactures, supplies, and sells butt weld pipe fittings for oil and gas, chemical and petrochemical, power plant, and shipbuilding businesses in Korea and internationally. The company offers butt-welding fittings, including carbon, stainless, and alloy steel, such as elbows, tees, reducers, caps, stub ends, laterals, long bends, and crosses, as well as special, jacket, and… Read more
Tae Kwang Corporation (023160) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: 0.005x
Based on the latest financial reports, Tae Kwang Corporation (023160) has a cash flow conversion efficiency ratio of 0.005x 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 (₩3.25 Billion) by net assets (₩656.52 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Tae Kwang Corporation - Cash Flow Conversion Efficiency Trend (2007–2024)
This chart illustrates how Tae Kwang Corporation's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Tae Kwang Corporation Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Tae Kwang Corporation ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Shanghai Jiaoda Onlly Co Ltd
SHG:600530
|
0.031x |
|
Dayang Enterprise Holdings Bhd
KLSE:5141
|
0.048x |
|
Rejlerkoncernen AB
F:3RE
|
0.055x |
|
Real Matters Inc
PINK:RLLMF
|
0.043x |
|
FORTRESS BIOTECH.PRF.A 25
F:CNB0
|
N/A |
|
Aeolus Tyre Co Ltd
SHG:600469
|
0.052x |
|
Equinox India Developments Ltd
NSE:IBREALEST
|
0.001x |
|
Wuhan LinControl Automotive Electronics Co. Ltd. A
SHG:688667
|
0.053x |
Annual Cash Flow Conversion Efficiency for Tae Kwang Corporation (2007–2024)
The table below shows the annual cash flow conversion efficiency of Tae Kwang Corporation from 2007 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | ₩609.49 Billion | ₩59.24 Billion | 0.097x | +2.92% |
| 2023-12-31 | ₩575.39 Billion | ₩54.34 Billion | 0.094x | -2.10% |
| 2022-12-31 | ₩480.09 Billion | ₩46.31 Billion | 0.096x | +1.96% |
| 2021-12-31 | ₩436.13 Billion | ₩41.26 Billion | 0.095x | -17.16% |
| 2020-12-31 | ₩421.46 Billion | ₩48.13 Billion | 0.114x | +262.01% |
| 2019-12-31 | ₩431.43 Billion | ₩-30.41 Billion | -0.070x | -634.54% |
| 2018-12-31 | ₩424.03 Billion | ₩5.59 Billion | 0.013x | -67.74% |
| 2017-12-31 | ₩419.17 Billion | ₩17.13 Billion | 0.041x | -57.93% |
| 2016-12-31 | ₩435.29 Billion | ₩42.30 Billion | 0.097x | +115.51% |
| 2015-12-31 | ₩429.18 Billion | ₩19.35 Billion | 0.045x | +204.61% |
| 2014-12-31 | ₩412.98 Billion | ₩-17.80 Billion | -0.043x | -141.03% |
| 2012-12-31 | ₩386.91 Billion | ₩40.64 Billion | 0.105x | +863.49% |
| 2011-12-31 | ₩352.33 Billion | ₩-4.85 Billion | -0.014x | +78.31% |
| 2010-12-31 | ₩324.94 Billion | ₩-20.61 Billion | -0.063x | -131.62% |
| 2009-12-31 | ₩288.92 Billion | ₩57.97 Billion | 0.201x | -29.08% |
| 2008-12-31 | ₩243.73 Billion | ₩68.95 Billion | 0.283x | +115.45% |
| 2007-12-31 | ₩163.55 Billion | ₩21.48 Billion | 0.131x | -- |