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 023160 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

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.

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
Cashway Technology Co Ltd SHG:603106	-0.014x
BIOCYTOGEN PHARMA. H YC1 F:I54	N/A
Semco Technologies Sas PA:ALSEM	N/A
Value Grupo Financiero S.A.B. de C.V MX:VALUEGFO	0.102x
Guangdong Dcenti Auto-Parts Stock Ltd Co SHG:603335	0.088x
Northrim BanCorp Inc NASDAQ:NRIM	0.081x
HeNan Splendor Science & Technology Co Ltd SHE:002296	0.019x
iQIYI Inc NASDAQ:IQ	0.003x

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 Tae Kwang Corporation (023160) total market value.

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

$552.19 Million

₩814.82 Billion KRW

Market Cap Rank

#11913 Global

#345 in Korea

Share Price

₩31500.00

Change (1 day)

+0.00%

52-Week Range

₩19010.00 - ₩48500.00

All Time High

₩48500.00