Tae Kwang Corporation Cash Flow Conversion Efficiency
Tae Kwang Corporation cash flow conversion efficiency. 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.
Cash Flow Conversion Efficiency of Tae Kwang Corporation (2007–2025)
Cash flow conversion efficiency of Tae Kwang Corporation from 2007 to 2025. This chart illustrates how Tae Kwang Corporation's cash flow conversion efficiency has evolved over time, based on yearly financial data. View 023160 stock price for real-time trading data and today's change.
Tae Kwang Corporation Cash Flow Conversion Ratio Explained
Tae Kwang Corporation cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
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. Also see Tae Kwang Corporation (023160) total market value for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
MHP SE GDR S/2
F:MPQ
|
0.056x |
|
Nanjing Canatal Data Centre Environmental Tech Co Ltd Class A
SHG:603912
|
0.024x |
|
Care Property Invest NV
BR:CPINV
|
0.000x |
|
Shanghai Baosight Software Co Ltd B
SHG:900926
|
0.054x |
|
Alpha Networks Inc
TW:3380
|
-0.066x |
|
Potbelly Co
NASDAQ:PBPB
|
0.225x |
|
Ambassador Hotel Ltd
TW:2704
|
0.009x |
|
Park Aerospace Corp
NYSE:PKE
|
0.048x |
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. Review free cash flow generation of Tae Kwang Corporation to assess how much free cash flow the company generates relative to operating cash flow.
| 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
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