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 how many days can Shihlin Paper Corp fund operations to measure how many days the company can operate on defensive assets alone.

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.

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
Shanghai Fudan Forward S&T Co Ltd SHG:600624	-0.048x
Jiangsu Flag Chemical Industry Co Ltd SHE:300575	0.074x
Symtek Automation Asia Co Ltd TW:6438	-0.038x
Sprout Social Inc NASDAQ:SPT	0.117x
Hana Tour KO:039130	0.120x
Nanhua Bio Medicine Co Ltd SHE:000504	0.061x
Funeng Oriental Equipment Technology Co Ltd SHE:300173	0.010x
Ambac Financial Group Inc NYSE:AMBC	-0.036x

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

$393.66 Million

NT$12.49 Billion TWD

Market Cap Rank

#13675 Global

#566 in Taiwan

Share Price

NT$48.05

Change (1 day)

-0.41%

52-Week Range

NT$47.50 - NT$62.30

All Time High

NT$88.30