Global Tax Free Co. Ltd (204620) - Cash Flow Conversion Efficiency

Latest as of June 2025: 0.128x

Based on the latest financial reports, Global Tax Free Co. Ltd (204620) has a cash flow conversion efficiency ratio of 0.128x as of June 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 (₩18.41 Billion ≈ $12.47 Million USD) by net assets (₩143.78 Billion ≈ $97.44 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 debt-free asset ratio of Global Tax Free Co. Ltd to measure how much of total assets are equity-financed.

Global Tax Free Co. Ltd - Cash Flow Conversion Efficiency Trend (2016–2024)

This chart illustrates how Global Tax Free Co. Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Global Tax Free Co. Ltd cash earnings quality to evaluate the quality of earnings relative to operating cash generation.

Global Tax Free Co. Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Global Tax Free Co. Ltd ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Ellomay Capital Ltd TA:ELLO	-0.012x
TrueCar Inc NASDAQ:TRUE	0.111x
Hengyuan Refining Company Bhd KLSE:4324	0.281x
Computer Modelling Group Ltd. TO:CMG	0.000x
Aurotek Corp TW:6215	0.155x
Zhejiang Lianxiang Smart Home SHG:603272	0.001x
Comstock Mining Inc NYSE MKT:LODE	-0.036x
Caxton JSE:CAT	0.109x

Annual Cash Flow Conversion Efficiency for Global Tax Free Co. Ltd (2016–2024)

The table below shows the annual cash flow conversion efficiency of Global Tax Free Co. Ltd from 2016 to 2024. For the full company profile with market capitalisation and key ratios, see 204620 company net worth.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	₩128.37 Billion ≈ $87.00 Million	₩14.51 Billion ≈ $9.84 Million	0.113x	+251.74%
2023-12-31	₩108.60 Billion ≈ $73.59 Million	₩-8.09 Billion ≈ $-5.48 Million	-0.075x	+35.56%
2022-12-31	₩86.81 Billion ≈ $58.83 Million	₩-10.04 Billion ≈ $-6.80 Million	-0.116x	-4.26%
2021-12-31	₩75.94 Billion ≈ $51.46 Million	₩-8.42 Billion ≈ $-5.71 Million	-0.111x	-292.54%
2020-12-31	₩70.74 Billion ≈ $47.94 Million	₩4.08 Billion ≈ $2.76 Million	0.058x	-55.04%
2019-12-31	₩72.76 Billion ≈ $49.31 Million	₩9.32 Billion ≈ $6.32 Million	0.128x	+1510.42%
2018-12-31	₩73.91 Billion ≈ $50.09 Million	₩588.13 Million ≈ $398.57K	0.008x	-75.43%
2017-12-31	₩64.04 Billion ≈ $43.40 Million	₩2.07 Billion ≈ $1.41 Million	0.032x	-95.77%
2016-12-31	₩11.68 Billion ≈ $7.91 Million	₩8.93 Billion ≈ $6.05 Million	0.765x	--

About Global Tax Free Co. Ltd

KQ:204620 Korea Specialty Business Services

Market Cap

$225.73 Million

₩333.09 Billion KRW

Market Cap Rank

#16026 Global

#541 in Korea

Share Price

₩4740.00

Change (1 day)

+13.13%

52-Week Range

₩4000.00 - ₩6830.00

All Time High

₩8712.50