exax Inc (060230) - Cash Flow Conversion Efficiency
Based on the latest financial reports, exax Inc (060230) has a cash flow conversion efficiency ratio of -0.030x 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 (₩-1.68 Billion ≈ $-1.14 Million USD) by net assets (₩56.14 Billion ≈ $38.05 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 exax Inc balance sheet independence to measure how much of total assets are equity-financed.
exax Inc - Cash Flow Conversion Efficiency Trend (2012–2024)
This chart illustrates how exax Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check 060230 operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.
exax Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of exax Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
ONDINE BIOMEDICAL INC.CDI
F:VF5
|
N/A |
|
Sunshine Metals Ltd
AU:SHN
|
-0.037x |
|
Organto Foods Incorporated
V:OGO
|
-0.045x |
|
Sical Logistics Limited
NSE:SICALLOG
|
N/A |
|
Wintergreen Acquisition Corp. Ordinary Shares
NASDAQ:WTG
|
-0.002x |
|
Hun Yenilenebilir Enerji Uretim AS
IS:HUNER
|
0.014x |
|
Lifetime Brands Inc
NASDAQ:LCUT
|
-0.120x |
|
Adrad Holdings Ltd
AU:AHL
|
0.050x |
Annual Cash Flow Conversion Efficiency for exax Inc (2012–2024)
The table below shows the annual cash flow conversion efficiency of exax Inc from 2012 to 2024. For the full company profile with market capitalisation and key ratios, see exax Inc (060230) total market value.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | ₩54.32 Billion ≈ $36.81 Million |
₩-12.51 Billion ≈ $-8.47 Million |
-0.230x | -477.06% |
| 2023-12-31 | ₩151.19 Billion ≈ $102.46 Million |
₩-6.03 Billion ≈ $-4.09 Million |
-0.040x | +42.23% |
| 2022-12-31 | ₩74.93 Billion ≈ $50.78 Million |
₩-5.17 Billion ≈ $-3.51 Million |
-0.069x | -267.26% |
| 2021-12-31 | ₩70.11 Billion ≈ $47.51 Million |
₩-1.32 Billion ≈ $-893.40K |
-0.019x | -126.79% |
| 2020-12-31 | ₩58.54 Billion ≈ $39.67 Million |
₩4.11 Billion ≈ $2.78 Million |
0.070x | -55.17% |
| 2019-12-31 | ₩55.04 Billion ≈ $37.30 Million |
₩8.62 Billion ≈ $5.84 Million |
0.157x | +11.35% |
| 2018-12-31 | ₩32.45 Billion ≈ $21.99 Million |
₩4.56 Billion ≈ $3.09 Million |
0.141x | +215.56% |
| 2017-12-31 | ₩22.59 Billion ≈ $15.31 Million |
₩-2.75 Billion ≈ $-1.86 Million |
-0.122x | -208.22% |
| 2016-12-31 | ₩20.68 Billion ≈ $14.01 Million |
₩2.32 Billion ≈ $1.58 Million |
0.112x | +145.30% |
| 2015-12-31 | ₩18.23 Billion ≈ $12.35 Million |
₩-4.52 Billion ≈ $-3.07 Million |
-0.248x | -151.36% |
| 2014-12-31 | ₩8.29 Billion ≈ $5.62 Million |
₩4.01 Billion ≈ $2.71 Million |
0.483x | +760.94% |
| 2013-12-31 | ₩16.51 Billion ≈ $11.19 Million |
₩926.82 Million ≈ $628.09K |
0.056x | -82.24% |
| 2012-12-31 | ₩8.44 Billion ≈ $5.72 Million |
₩2.67 Billion ≈ $1.81 Million |
0.316x | -- |
About exax Inc
Sonid Inc. manufactures and sells chemicals, electronic materials, and printed electronics in South Korea. The company offers display chemical products for cleaning, developing, wet etching, and stripping in OLED, TFT-LCD, and TSP applications. It also provides functional electronic materials used in manufacturing electronic parts, including optical clear resins, UV resins, UV color sealants, and… Read more