Shihlin Paper Corp (1903) - Cash Flow Conversion Efficiency

Latest as of March 2026: -0.002x

Based on the latest financial reports, Shihlin Paper Corp (1903) has a cash flow conversion efficiency ratio of -0.002x 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$-13.48 Million ≈ $-424.57K USD) by net assets (NT$5.44 Billion ≈ $171.43 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 1903 net asset quality index to measure how much of total assets are equity-financed.

Shihlin Paper Corp - Cash Flow Conversion Efficiency Trend (2002–2025)

This chart illustrates how Shihlin Paper Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Shihlin Paper Corp (1903) cash flow quality to evaluate the quality of earnings relative to operating cash generation.

Shihlin Paper Corp Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Shihlin Paper Corp ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
XMax Inc. NASDAQ:XWIN	-0.140x
Premier Explosives Limited NSE:PREMEXPLN	-0.250x
Kolon Plastics KO:138490	0.036x
American Integrity Insurance Group, Inc. NYSE:AII	0.149x
Shanghai Lianming Machinery Co Ltd SHG:603006	0.006x
PCC Rokita SA WAR:PCR	0.064x
Xerox Corp NASDAQ:XRX	-0.272x
Guangdong Huafeng New Energy Technology Co Ltd SHE:002806	-0.044x

Annual Cash Flow Conversion Efficiency for Shihlin Paper Corp (2002–2025)

The table below shows the annual cash flow conversion efficiency of Shihlin Paper Corp from 2002 to 2025. For the full company profile with market capitalisation and key ratios, see Shihlin Paper Corp market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	NT$5.53 Billion ≈ $174.10 Million	NT$109.06 Million ≈ $3.44 Million	0.020x	+267.88%
2024-12-31	NT$5.27 Billion ≈ $166.17 Million	NT$28.30 Million ≈ $891.45K	0.005x	-83.14%
2023-12-31	NT$4.30 Billion ≈ $135.52 Million	NT$136.87 Million ≈ $4.31 Million	0.032x	-40.57%
2022-12-31	NT$5.16 Billion ≈ $162.70 Million	NT$276.50 Million ≈ $8.71 Million	0.054x	+155.84%
2021-12-31	NT$8.46 Billion ≈ $266.45 Million	NT$176.99 Million ≈ $5.58 Million	0.021x	+173.09%
2020-12-31	NT$3.41 Billion ≈ $107.52 Million	NT$-97.71 Million ≈ $-3.08 Million	-0.029x	+42.48%
2019-12-31	NT$2.52 Billion ≈ $79.39 Million	NT$-125.43 Million ≈ $-3.95 Million	-0.050x	+1.61%
2018-12-31	NT$2.62 Billion ≈ $82.56 Million	NT$-132.58 Million ≈ $-4.18 Million	-0.051x	-38.33%
2017-12-31	NT$2.89 Billion ≈ $90.97 Million	NT$-105.60 Million ≈ $-3.33 Million	-0.037x	+18.76%
2016-12-31	NT$2.97 Billion ≈ $93.45 Million	NT$-133.54 Million ≈ $-4.21 Million	-0.045x	-539.58%
2015-12-31	NT$3.21 Billion ≈ $101.02 Million	NT$-22.57 Million ≈ $-711.08K	-0.007x	+88.50%
2014-12-31	NT$3.65 Billion ≈ $115.05 Million	NT$-223.56 Million ≈ $-7.04 Million	-0.061x	-10.18%
2013-12-31	NT$3.73 Billion ≈ $117.64 Million	NT$-207.47 Million ≈ $-6.54 Million	-0.056x	-265.89%
2012-12-31	NT$3.96 Billion ≈ $124.72 Million	NT$-60.12 Million ≈ $-1.89 Million	-0.015x	-1450.29%
2011-12-31	NT$4.07 Billion ≈ $128.16 Million	NT$4.58 Million ≈ $144.14K	0.001x	+102.56%
2010-12-31	NT$4.46 Billion ≈ $140.37 Million	NT$-195.56 Million ≈ $-6.16 Million	-0.044x	-143.14%
2009-12-31	NT$4.38 Billion ≈ $137.90 Million	NT$445.32 Million ≈ $14.03 Million	0.102x	+14.99%
2008-12-31	NT$4.55 Billion ≈ $143.42 Million	NT$402.77 Million ≈ $12.69 Million	0.088x	+1722.96%
2007-12-31	NT$5.06 Billion ≈ $159.37 Million	NT$24.55 Million ≈ $773.49K	0.005x	+113.16%
2006-12-31	NT$4.64 Billion ≈ $146.16 Million	NT$-171.06 Million ≈ $-5.39 Million	-0.037x	-353.00%
2003-12-31	NT$5.27 Billion ≈ $165.96 Million	NT$76.78 Million ≈ $2.42 Million	0.015x	-56.45%
2002-12-31	NT$3.93 Billion ≈ $123.74 Million	NT$131.46 Million ≈ $4.14 Million	0.033x	--

About Shihlin Paper Corp

TW:1903 Taiwan Household & Personal Products

Market Cap

$385.87 Million

NT$12.25 Billion TWD

Market Cap Rank

#13435 Global

#512 in Taiwan

Share Price

NT$47.10

Change (1 day)

-0.63%

52-Week Range

NT$46.45 - NT$62.30

All Time High

NT$88.30