MINDs Lab Inc. (377480) - Cash Flow Conversion Efficiency

Latest as of September 2025: -0.082x

Based on the latest financial reports, MINDs Lab Inc. (377480) has a cash flow conversion efficiency ratio of -0.082x 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 (₩-2.13 Billion ≈ $-1.44 Million USD) by net assets (₩25.84 Billion ≈ $17.51 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 MINDs Lab Inc. net asset quality index to measure how much of total assets are equity-financed.

MINDs Lab Inc. - Cash Flow Conversion Efficiency Trend (2019–2024)

This chart illustrates how MINDs Lab Inc.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Check MINDs Lab Inc. (377480) cash flow quality to evaluate the quality of earnings relative to operating cash generation.

MINDs Lab Inc. Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of MINDs Lab Inc. ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Zimmite Taiwan Ltd TWO:8435	0.059x
Ultimovacs ASA OL:ULTI	-0.299x
Ai Energy Public Company Limited BK:AIE	0.012x
Ahoku Electronic Co TW:3002	-0.016x
Societe de Tayninh SA PA:TAYN	0.000x
Thai Solar Energy Public Company Limited BK:TSE	0.026x
An Phat Holdings JSC VN:APH	0.051x
Fluence Corporation Limited F:4SVE	0.638x

Annual Cash Flow Conversion Efficiency for MINDs Lab Inc. (2019–2024)

The table below shows the annual cash flow conversion efficiency of MINDs Lab Inc. from 2019 to 2024. For the full company profile with market capitalisation and key ratios, see how much is MINDs Lab Inc. worth.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	₩13.24 Billion ≈ $8.97 Million	₩-5.14 Billion ≈ $-3.48 Million	-0.388x	-2964.42%
2023-12-31	₩20.06 Billion ≈ $13.59 Million	₩271.96 Million ≈ $184.31K	0.014x	+108.52%
2022-12-31	₩25.58 Billion ≈ $17.33 Million	₩-4.07 Billion ≈ $-2.76 Million	-0.159x	+23.57%
2021-12-31	₩29.79 Billion ≈ $20.19 Million	₩-6.20 Billion ≈ $-4.20 Million	-0.208x	-646.14%
2020-12-31	₩-54.74 Billion ≈ $-37.10 Million	₩-2.09 Billion ≈ $-1.41 Million	0.038x	-2.53%
2019-12-31	₩-34.84 Billion ≈ $-23.61 Million	₩-1.36 Billion ≈ $-923.20K	0.039x	--

About MINDs Lab Inc.

KQ:377480 Korea Software - Application

Market Cap

$52.13 Million

₩76.92 Billion KRW

Market Cap Rank

#21675 Global

#1274 in Korea

Share Price

₩10820.00

Change (1 day)

+7.98%

52-Week Range

₩7890.00 - ₩25550.00

All Time High

₩38600.00