Hiyes International Co Ltd (2348) - Cash Flow Conversion Efficiency

Latest as of December 2025: 0.010x

Based on the latest financial reports, Hiyes International Co Ltd (2348) has a cash flow conversion efficiency ratio of 0.010x as of December 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$104.86 Million ≈ $3.30 Million USD) by net assets (NT$10.52 Billion ≈ $331.36 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 2348 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

Hiyes International Co Ltd - Cash Flow Conversion Efficiency Trend (2001–2025)

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

Hiyes International Co Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Hiyes International Co Ltd ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Yantai Zhenghai Bio-Tech Co Ltd SHE:300653	0.035x
Arhaus Inc NASDAQ:ARHS	0.115x
Xperi Corp NYSE:XPER	0.125x
Source Capital Closed Fund NYSE:SOR	-0.098x
Hanjia Design Croup Co Ltd Class A SHE:300746	-0.002x
Thessaloniki Port Authority SA AT:OLTH	0.031x
Chung Hwa Chemical Industrial Works Ltd TW:1727	-0.018x
SNDL Inc. NASDAQ:SNDL	0.029x

Annual Cash Flow Conversion Efficiency for Hiyes International Co Ltd (2001–2025)

The table below shows the annual cash flow conversion efficiency of Hiyes International Co Ltd from 2001 to 2025. For the full company profile with market capitalisation and key ratios, see 2348 stock market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	NT$10.52 Billion ≈ $331.36 Million	NT$-1.08 Billion ≈ $-33.96 Million	-0.102x	+82.33%
2024-12-31	NT$10.59 Billion ≈ $333.63 Million	NT$-6.14 Billion ≈ $-193.53 Million	-0.580x	-352.90%
2023-12-31	NT$8.36 Billion ≈ $263.26 Million	NT$1.92 Billion ≈ $60.38 Million	0.229x	+222.14%
2022-12-31	NT$6.73 Billion ≈ $212.06 Million	NT$-1.26 Billion ≈ $-39.82 Million	-0.188x	+73.92%
2021-12-31	NT$6.24 Billion ≈ $196.72 Million	NT$-4.50 Billion ≈ $-141.65 Million	-0.720x	-334.25%
2020-12-31	NT$3.36 Billion ≈ $105.82 Million	NT$-556.96 Million ≈ $-17.55 Million	-0.166x	+74.10%
2019-12-31	NT$1.82 Billion ≈ $57.44 Million	NT$-1.17 Billion ≈ $-36.77 Million	-0.640x	-1926.83%
2018-12-31	NT$1.46 Billion ≈ $45.86 Million	NT$-45.98 Million ≈ $-1.45 Million	-0.032x	-114.41%
2017-12-31	NT$1.32 Billion ≈ $41.52 Million	NT$288.89 Million ≈ $9.10 Million	0.219x	+32.38%
2016-12-31	NT$1.12 Billion ≈ $35.42 Million	NT$186.16 Million ≈ $5.87 Million	0.166x	-51.37%
2015-12-31	NT$1.11 Billion ≈ $35.10 Million	NT$379.30 Million ≈ $11.95 Million	0.341x	+741.29%
2014-12-31	NT$1.07 Billion ≈ $33.60 Million	NT$-56.62 Million ≈ $-1.78 Million	-0.053x	+90.47%
2013-12-31	NT$714.06 Million ≈ $22.50 Million	NT$-397.81 Million ≈ $-12.53 Million	-0.557x	+64.52%
2012-12-31	NT$17.58 Million ≈ $553.74K	NT$-27.60 Million ≈ $-869.58K	-1.570x	-1088.72%
2011-12-31	NT$47.68 Million ≈ $1.50 Million	NT$-6.30 Million ≈ $-198.45K	-0.132x	+91.34%
2010-12-31	NT$21.69 Million ≈ $683.29K	NT$-33.07 Million ≈ $-1.04 Million	-1.525x	-220.15%
2009-12-31	NT$110.60 Million ≈ $3.48 Million	NT$-52.67 Million ≈ $-1.66 Million	-0.476x	-453.78%
2007-12-31	NT$1.09 Billion ≈ $34.33 Million	NT$146.69 Million ≈ $4.62 Million	0.135x	+167.02%
2006-12-31	NT$1.51 Billion ≈ $47.51 Million	NT$76.02 Million ≈ $2.40 Million	0.050x	-91.96%
2001-12-31	NT$1.18 Billion ≈ $37.23 Million	NT$741.09 Million ≈ $23.35 Million	0.627x	--

About Hiyes International Co Ltd

TW:2348 Taiwan Real Estate Services

Market Cap

$370.97 Million

NT$11.77 Billion TWD

Market Cap Rank

#13919 Global

#587 in Taiwan

Share Price

NT$77.60

Change (1 day)

+4.02%

52-Week Range

NT$67.60 - NT$106.00

All Time High

NT$364.50