POLARIS WORKS Inc (123010) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.019x

Based on the latest financial reports, POLARIS WORKS Inc (123010) has a cash flow conversion efficiency ratio of 0.019x 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 (₩574.05 Million ≈ $389.03K USD) by net assets (₩30.07 Billion ≈ $20.38 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 123010 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.

POLARIS WORKS Inc - Cash Flow Conversion Efficiency Trend (2014–2024)

This chart illustrates how POLARIS WORKS Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data.

POLARIS WORKS Inc Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of POLARIS WORKS Inc ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
MODULIGHT OY EO 1 F:78W	0.019x
Beshom Holdings Bhd KLSE:7668	0.033x
Avax One Technology Ltd. NASDAQ:AVX	-0.048x
Impact Coatings publ AB ST:IMPC	-0.099x
Talphera Inc. NASDAQ:TLPH	-0.143x
PENTIXAPHARM HOLDING N AG XETRA:PTP	N/A
Defense Metals Corp V:DEFN	-0.024x
KPM TECH Co. Ltd KQ:042040	0.241x

Annual Cash Flow Conversion Efficiency for POLARIS WORKS Inc (2014–2024)

The table below shows the annual cash flow conversion efficiency of POLARIS WORKS Inc from 2014 to 2024. For the full company profile with market capitalisation and key ratios, see market value of POLARIS WORKS Inc.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	₩30.34 Billion ≈ $20.56 Million	₩-3.28 Billion ≈ $-2.23 Million	-0.108x	-333.61%
2023-12-31	₩45.16 Billion ≈ $30.60 Million	₩-1.13 Billion ≈ $-763.92K	-0.025x	+70.06%
2022-12-31	₩54.68 Billion ≈ $37.06 Million	₩-4.56 Billion ≈ $-3.09 Million	-0.083x	-13555.30%
2021-12-31	₩27.13 Billion ≈ $18.38 Million	₩16.81 Million ≈ $11.39K	0.001x	+100.43%
2020-12-31	₩25.17 Billion ≈ $17.06 Million	₩-3.64 Billion ≈ $-2.47 Million	-0.145x	+67.44%
2019-12-31	₩7.71 Billion ≈ $5.22 Million	₩-3.43 Billion ≈ $-2.32 Million	-0.445x	-213.36%
2018-12-31	₩6.03 Billion ≈ $4.09 Million	₩-856.01 Million ≈ $-580.11K	-0.142x	-1424.14%
2017-12-31	₩10.45 Billion ≈ $7.08 Million	₩-97.27 Million ≈ $-65.92K	-0.009x	-104.12%
2016-12-31	₩12.22 Billion ≈ $8.28 Million	₩2.76 Billion ≈ $1.87 Million	0.226x	-30.72%
2015-12-31	₩9.01 Billion ≈ $6.11 Million	₩2.94 Billion ≈ $1.99 Million	0.326x	-72.33%
2014-12-31	₩4.95 Billion ≈ $3.35 Million	₩5.83 Billion ≈ $3.95 Million	1.178x	--

About POLARIS WORKS Inc

KQ:123010 Korea Semiconductor Equipment & Materials

Market Cap

$46.91 Million

₩69.22 Billion KRW

Market Cap Rank

#22213 Global

#1381 in Korea

Share Price

₩2135.00

Change (1 day)

-1.61%

52-Week Range

₩689.00 - ₩2785.00

All Time High

₩8906.96