TOYO Co., Ltd Ordinary Shares (TOYO) - Cash Flow Conversion Efficiency
Based on the latest financial reports, TOYO Co., Ltd Ordinary Shares (TOYO) has a cash flow conversion efficiency ratio of 0.285x 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 ($20.02 Million) by net assets ($70.24 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See TOYO Co., Ltd Ordinary Shares (TOYO) balance sheet quality index to measure how much of total assets are equity-financed.
TOYO Co., Ltd Ordinary Shares - Cash Flow Conversion Efficiency Trend (2021–2024)
This chart illustrates how TOYO Co., Ltd Ordinary Shares's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check TOYO Co., Ltd Ordinary Shares cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
TOYO Co., Ltd Ordinary Shares Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of TOYO Co., Ltd Ordinary Shares ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
CN YUH.ED.CORP. HD-00001
F:2YU
|
N/A |
|
DUG Technology Ltd
AU:DUG
|
0.167x |
|
Aekyung Industrial Co Ltd
KO:018250
|
-0.005x |
|
Guangdong Electric Power Devel
SHE:200539
|
0.060x |
|
Wei Chuan Foods Corp
TW:1201
|
0.000x |
|
United Bankers Oyj
HE:UNITED
|
0.022x |
|
Nanhua Instruments Co Ltd
SHE:300417
|
0.011x |
|
AgriFORCE Growing Systems Ltd
NASDAQ:AGRI
|
-0.196x |
Annual Cash Flow Conversion Efficiency for TOYO Co., Ltd Ordinary Shares (2021–2024)
The table below shows the annual cash flow conversion efficiency of TOYO Co., Ltd Ordinary Shares from 2021 to 2024. For the full company profile with market capitalisation and key ratios, see TOYO Co., Ltd Ordinary Shares market cap and net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $59.44 Million | $46.51 Million | 0.782x | +455.32% |
| 2023-12-31 | $56.90 Million | $-12.53 Million | -0.220x | -1747.00% |
| 2022-12-31 | $65.34 Million | $-778.98K | -0.012x | -492.83% |
| 2021-12-31 | $90.56 Million | $-182.13K | -0.002x | -- |
About TOYO Co., Ltd Ordinary Shares
TOYO Co., Ltd. engages in the upstream production of wafer and silicon, midstream production of solar cell, downstream production of photovoltaic (PV) modules, and other stages of the solar power supply chain in Asia and the United States. The company designs, manufactures, and sells solar cells and modules, and related products. TOYO Co., Ltd. is headquartered in Tokyo, Japan.