Tae Kwang Corporation (023160) - Cash Flow Conversion Efficiency

Latest 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 ≈ $2.20 Million USD) by net assets (₩656.52 Billion ≈ $444.92 Million USD). 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. Read 023160 total debt and obligations for a breakdown of total debt and financial obligations.

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
Akso Health Group ADR NASDAQ:AHG	0.015x
Run Long Construction Co Ltd TW:1808	0.308x
Shenzhen Prince New Materials Co Ltd SHE:002735	0.019x
Shanxi Huhua Group Co Ltd SHE:003002	0.019x
Shanghai Maling Aquarius Co Ltd SHG:600073	0.129x
Costar Group Co Ltd SHE:002189	0.004x
Johns LYNG Group Ltd AU:JLG	0.096x
Shandong Sanyuan Biotechnology Co.Ltd. SHE:301206	0.006x

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. 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
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

$807.25 Million

₩1.19 Trillion KRW

Market Cap Rank

#10107 Global

#299 in Korea

Share Price

₩46050.00

Change (1 day)

-3.05%

52-Week Range

₩18000.00 - ₩48500.00

All Time High

₩48500.00