HORNG SHIUE HOLDING Co Ltd (2243) - Cash Flow Conversion Efficiency

Latest as of September 2025: -0.071x

Based on the latest financial reports, HORNG SHIUE HOLDING Co Ltd (2243) has a cash flow conversion efficiency ratio of -0.071x 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 (NT$-48.69 Million ≈ $-1.53 Million USD) by net assets (NT$684.94 Million ≈ $21.58 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 2243 net asset quality score to measure how much of total assets are equity-financed.

HORNG SHIUE HOLDING Co Ltd - Cash Flow Conversion Efficiency Trend (2014–2024)

This chart illustrates how HORNG SHIUE HOLDING Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check HORNG SHIUE HOLDING Co Ltd earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.

HORNG SHIUE HOLDING Co Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of HORNG SHIUE HOLDING Co Ltd ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
HELIOS FAIRFAX PARTNERS F:3UD	-0.032x
Sona Topas Tourism Industry JK:SONA	0.066x
Highlight Event Entertainment SW:HLEE	0.226x
TDM Berhad KLSE:2054	0.043x
Turbogen Chp TA:TURB	1.208x
Big Ridge Gold Corp V:BRAU	-0.080x
Huadian Ener-B SHG:900937	0.055x
Ubiquoss Holdings Inc KQ:078070	0.055x

Annual Cash Flow Conversion Efficiency for HORNG SHIUE HOLDING Co Ltd (2014–2024)

The table below shows the annual cash flow conversion efficiency of HORNG SHIUE HOLDING Co Ltd from 2014 to 2024. For the full company profile with market capitalisation and key ratios, see HORNG SHIUE HOLDING Co Ltd market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	NT$744.01 Million ≈ $23.44 Million	NT$329.77 Million ≈ $10.39 Million	0.443x	+635.28%
2023-12-31	NT$678.61 Million ≈ $21.38 Million	NT$40.91 Million ≈ $1.29 Million	0.060x	-35.96%
2022-12-31	NT$490.97 Million ≈ $15.47 Million	NT$46.22 Million ≈ $1.46 Million	0.094x	-85.46%
2021-12-31	NT$491.11 Million ≈ $15.47 Million	NT$317.86 Million ≈ $10.01 Million	0.647x	+669.19%
2020-12-31	NT$551.11 Million ≈ $17.36 Million	NT$46.37 Million ≈ $1.46 Million	0.084x	-17.20%
2019-12-31	NT$825.35 Million ≈ $26.00 Million	NT$83.88 Million ≈ $2.64 Million	0.102x	+228.33%
2018-12-31	NT$965.12 Million ≈ $30.41 Million	NT$-76.43 Million ≈ $-2.41 Million	-0.079x	+62.48%
2017-12-31	NT$1.01 Billion ≈ $31.82 Million	NT$-213.22 Million ≈ $-6.72 Million	-0.211x	-50066.05%
2016-12-31	NT$868.73 Million ≈ $27.37 Million	NT$367.00K ≈ $11.56K	0.000x	-99.83%
2015-12-31	NT$479.82 Million ≈ $15.12 Million	NT$118.92 Million ≈ $3.75 Million	0.248x	-29.79%
2014-12-31	NT$371.69 Million ≈ $11.71 Million	NT$131.21 Million ≈ $4.13 Million	0.353x	--

About HORNG SHIUE HOLDING Co Ltd

TW:2243 Taiwan Auto Parts

Market Cap

$90.81 Million

NT$2.88 Billion TWD

Market Cap Rank

#19476 Global

#1097 in Taiwan

Share Price

NT$41.55

Change (1 day)

+4.27%

52-Week Range

NT$10.25 - NT$66.00

All Time High

NT$66.00