Headway (1776) - Cash Flow Conversion Efficiency

Latest as of March 2026: 0.048x

Based on the latest financial reports, Headway (1776) has a cash flow conversion efficiency ratio of 0.048x as of March 2026. 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 (NT$44.08 Million ≈ $1.39 Million USD) by net assets (NT$924.06 Million ≈ $29.11 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 defensive interval ratio of Headway to measure how many days the company can operate on defensive assets alone.

Headway - Cash Flow Conversion Efficiency Trend (2009–2025)

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

Headway Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Headway ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
VBARE Iberian Properties SOCIMI SA MC:YVBA	-0.005x
Raval ACS Ltd TA:RVL	0.042x
NIP Group Inc. American Depositary Shares NASDAQ:NIPG	-0.004x
Beeline Holdings, Inc. NASDAQ:BLNE	-0.071x
Jayjun Co Ltd KO:025620	-0.010x
Terramin Australia Ltd AU:TZN	-0.346x
Beauty Community Public Company Limited BK:BEAUTY	0.033x
Advance Zinctek Ltd AU:ANO	0.024x

Annual Cash Flow Conversion Efficiency for Headway (2009–2025)

The table below shows the annual cash flow conversion efficiency of Headway from 2009 to 2025. For the full company profile with market capitalisation and key ratios, see Headway market cap and net worth.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	NT$925.64 Million ≈ $29.16 Million	NT$183.58 Million ≈ $5.78 Million	0.198x	+38.86%
2024-12-31	NT$1.02 Billion ≈ $32.22 Million	NT$146.04 Million ≈ $4.60 Million	0.143x	+27.97%
2023-12-31	NT$989.22 Million ≈ $31.17 Million	NT$110.40 Million ≈ $3.48 Million	0.112x	+34.18%
2022-12-31	NT$1.11 Billion ≈ $35.10 Million	NT$92.66 Million ≈ $2.92 Million	0.083x	-20.02%
2021-12-31	NT$1.17 Billion ≈ $36.82 Million	NT$121.54 Million ≈ $3.83 Million	0.104x	-0.46%
2020-12-31	NT$1.10 Billion ≈ $34.62 Million	NT$114.79 Million ≈ $3.62 Million	0.104x	-29.93%
2019-12-31	NT$1.11 Billion ≈ $35.07 Million	NT$165.93 Million ≈ $5.23 Million	0.149x	+458.41%
2018-12-31	NT$1.13 Billion ≈ $35.48 Million	NT$-46.84 Million ≈ $-1.48 Million	-0.042x	-139.52%
2017-12-31	NT$1.28 Billion ≈ $40.48 Million	NT$135.22 Million ≈ $4.26 Million	0.105x	-51.51%
2016-12-31	NT$1.32 Billion ≈ $41.66 Million	NT$287.03 Million ≈ $9.04 Million	0.217x	+26.93%
2015-12-31	NT$1.22 Billion ≈ $38.41 Million	NT$208.49 Million ≈ $6.57 Million	0.171x	+52.83%
2014-12-31	NT$1.19 Billion ≈ $37.62 Million	NT$133.62 Million ≈ $4.21 Million	0.112x	+48.38%
2013-12-31	NT$1.12 Billion ≈ $35.27 Million	NT$84.44 Million ≈ $2.66 Million	0.075x	-60.66%
2012-12-31	NT$1.05 Billion ≈ $33.13 Million	NT$201.59 Million ≈ $6.35 Million	0.192x	+252.10%
2011-12-31	NT$985.97 Million ≈ $31.06 Million	NT$53.68 Million ≈ $1.69 Million	0.054x	-73.13%
2010-12-31	NT$911.25 Million ≈ $28.71 Million	NT$184.66 Million ≈ $5.82 Million	0.203x	-20.50%
2009-12-31	NT$917.80 Million ≈ $28.92 Million	NT$233.95 Million ≈ $7.37 Million	0.255x	--

About Headway

TW:1776 Taiwan Chemicals

Market Cap

$35.51 Million

NT$1.13 Billion TWD

Market Cap Rank

#23243 Global

#1463 in Taiwan

Share Price

NT$18.75

Change (1 day)

+2.46%

52-Week Range

NT$14.60 - NT$19.00

All Time High

NT$28.72