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 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
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.
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 |
|---|---|
|
Wang-Zheng Bhd
KLSE:7203
|
0.013x |
|
Blue Gold Limited Class A Ordinary Shares
NASDAQ:BGL
|
0.010x |
|
MRO-TEK Realty Limited
NSE:MRO-TEK
|
0.014x |
|
Securemetric Berhad
KLSE:0203
|
0.083x |
|
Australian Vintage Ltd
AU:AVG
|
-0.125x |
|
Texmo Pipes and Products Limited
NSE:TEXMOPIPES
|
-0.079x |
|
Mixed Martial Arts Group Limited
NYSE MKT:MMA
|
9.175x |
|
Marpai Inc
NASDAQ:MRAI
|
0.014x |
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) market capitalisation.
| 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