GRITEE Inc
GRITEE, Inc., together with its subsidiaries, engages in the manufacture and sale of apparel in South Korea and China. It also manufactures, wholesales, and retails underwear under the Wonderbra and Playtex brand names. The company was formerly known as MCorset, Inc. GRITEE, Inc. was founded in 1999 and is headquartered in Seoul, Korea.
GRITEE Inc (204020) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: 0.154x
Based on the latest financial reports, GRITEE Inc (204020) has a cash flow conversion efficiency ratio of 0.154x 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 (₩12.99 Billion) by net assets (₩84.27 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
GRITEE Inc - Cash Flow Conversion Efficiency Trend (2015–2024)
This chart illustrates how GRITEE Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
GRITEE Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of GRITEE Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Psychemedics Corporation
NASDAQ:PMD
|
0.048x |
|
Spinnova Oy
HE:SPINN
|
-0.081x |
|
Cirralto Limited
PINK:CROTF
|
-0.019x |
|
PT Salim Ivomas Pratama Tbk
STU:2IR
|
0.039x |
|
Tartisan Nickel Corp
OTCQX:TTSRF
|
-0.007x |
|
MHC JSC
VN:MHC
|
N/A |
|
Urbi Desarrollos Urbanos S.A.B. de C.V
MX:URBI
|
-0.043x |
|
Sena J Property PCL
BK:SENX
|
-0.017x |
Annual Cash Flow Conversion Efficiency for GRITEE Inc (2015–2024)
The table below shows the annual cash flow conversion efficiency of GRITEE Inc from 2015 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | ₩81.67 Billion | ₩3.16 Billion | 0.039x | -78.78% |
| 2023-12-31 | ₩75.71 Billion | ₩13.81 Billion | 0.182x | +1646.17% |
| 2022-12-31 | ₩68.68 Billion | ₩717.44 Million | 0.010x | +783.35% |
| 2021-12-31 | ₩66.75 Billion | ₩78.94 Million | 0.001x | -97.39% |
| 2020-12-31 | ₩71.99 Billion | ₩3.26 Billion | 0.045x | +298.68% |
| 2019-12-31 | ₩74.10 Billion | ₩-1.69 Billion | -0.023x | -131.15% |
| 2018-12-31 | ₩74.32 Billion | ₩5.43 Billion | 0.073x | +173.54% |
| 2017-12-31 | ₩55.61 Billion | ₩-5.53 Billion | -0.099x | -668.99% |
| 2016-12-31 | ₩48.81 Billion | ₩852.55 Million | 0.017x | -86.90% |
| 2015-12-31 | ₩45.61 Billion | ₩6.08 Billion | 0.133x | -- |