Tae Kwang Corporation (023160) - Cash Flow Conversion Efficiency

Latest as of December 2025: 0.012x

Based on the latest financial reports, Tae Kwang Corporation (023160) has a cash flow conversion efficiency ratio of 0.012x as of December 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 (₩8.12 Billion ≈ $5.50 Million USD) by net assets (₩669.62 Billion ≈ $453.79 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 Tae Kwang Corporation (023160) net asset quality to measure how much of total assets are equity-financed.

Tae Kwang Corporation - Cash Flow Conversion Efficiency Trend (2007–2025)

This chart illustrates how Tae Kwang Corporation's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check 023160 operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.

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
Politeknik Metal Sanayi ve IS:POLTK	0.228x
Miwon Commerci KO:002840	0.074x
Patrimoine et Commerce SA PA:PAT	0.027x
Home Invest Belgium - Sifi BR:HOMI	0.024x
Taiwan Steel Union Co Ltd TW:6581	0.035x
Puma Biotechnology Inc NASDAQ:PBYI	0.111x
Vinh Son Song Hinh Hydropower JSC VN:VSH	0.063x
Kailong High Technology Co. Ltd. SHE:300912	N/A

Annual Cash Flow Conversion Efficiency for Tae Kwang Corporation (2007–2025)

The table below shows the annual cash flow conversion efficiency of Tae Kwang Corporation from 2007 to 2025. For the full company profile with market capitalisation and key ratios, see 023160 market cap.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	₩669.62 Billion ≈ $453.79 Million	₩19.37 Billion ≈ $13.12 Million	0.029x	-70.24%
2024-12-31	₩609.49 Billion ≈ $413.04 Million	₩59.24 Billion ≈ $40.14 Million	0.097x	+2.92%
2023-12-31	₩575.39 Billion ≈ $389.93 Million	₩54.34 Billion ≈ $36.82 Million	0.094x	-2.10%
2022-12-31	₩480.09 Billion ≈ $325.35 Million	₩46.31 Billion ≈ $31.38 Million	0.096x	+1.96%
2021-12-31	₩436.13 Billion ≈ $295.56 Million	₩41.26 Billion ≈ $27.96 Million	0.095x	-17.16%
2020-12-31	₩421.46 Billion ≈ $285.62 Million	₩48.13 Billion ≈ $32.61 Million	0.114x	+262.01%
2019-12-31	₩431.43 Billion ≈ $292.38 Million	₩-30.41 Billion ≈ $-20.61 Million	-0.070x	-634.54%
2018-12-31	₩424.03 Billion ≈ $287.36 Million	₩5.59 Billion ≈ $3.79 Million	0.013x	-67.74%
2017-12-31	₩419.17 Billion ≈ $284.07 Million	₩17.13 Billion ≈ $11.61 Million	0.041x	-57.93%
2016-12-31	₩435.29 Billion ≈ $294.99 Million	₩42.30 Billion ≈ $28.66 Million	0.097x	+115.51%
2015-12-31	₩429.18 Billion ≈ $290.85 Million	₩19.35 Billion ≈ $13.11 Million	0.045x	+204.61%
2014-12-31	₩412.98 Billion ≈ $279.87 Million	₩-17.80 Billion ≈ $-12.06 Million	-0.043x	-141.03%
2012-12-31	₩386.91 Billion ≈ $262.20 Million	₩40.64 Billion ≈ $27.54 Million	0.105x	+863.49%
2011-12-31	₩352.33 Billion ≈ $238.77 Million	₩-4.85 Billion ≈ $-3.28 Million	-0.014x	+78.31%
2010-12-31	₩324.94 Billion ≈ $220.21 Million	₩-20.61 Billion ≈ $-13.97 Million	-0.063x	-131.62%
2009-12-31	₩288.92 Billion ≈ $195.80 Million	₩57.97 Billion ≈ $39.28 Million	0.201x	-29.08%
2008-12-31	₩243.73 Billion ≈ $165.17 Million	₩68.95 Billion ≈ $46.73 Million	0.283x	+115.45%
2007-12-31	₩163.55 Billion ≈ $110.84 Million	₩21.48 Billion ≈ $14.55 Million	0.131x	--

About Tae Kwang Corporation

KQ:023160 Korea Machinery, Tools, Heavy Vehicles, Trains & Ships

Market Cap

$382.15 Million

₩563.90 Billion KRW

Market Cap Rank

#13494 Global

#390 in Korea

Share Price

₩21800.00

Change (1 day)

+4.06%

52-Week Range

₩20050.00 - ₩48500.00

All Time High

₩48500.00