Elite Material Co Ltd (2383) - Cash Flow Conversion Efficiency

Latest as of March 2026: 0.056x

Based on the latest financial reports, Elite Material Co Ltd (2383) has a cash flow conversion efficiency ratio of 0.056x 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$2.70 Billion ≈ $85.16 Million USD) by net assets (NT$47.92 Billion ≈ $1.51 Billion 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 leveraged is Elite Material Co Ltd's balance sheet to measure how much of total assets are equity-financed.

Elite Material Co Ltd - Cash Flow Conversion Efficiency Trend (2003–2025)

This chart illustrates how Elite Material Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check 2383 operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.

Elite Material Co Ltd Competitors by Cash Flow Conversion Efficiency

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

Company	Cash Flow Conversion Efficiency
Baker Hughes Co NASDAQ:BKR	0.026x
Investor AB ser. A ST:INVE-A	0.005x
The Allstate Corporation NYSE:ALL	0.107x
Societe Generale S.A. PA:GLE	-0.332x
JAPAN POST BK UNSP.ADR/1 F:5JP0	N/A
Hindustan Unilever Limited NSE:HINDUNILVR	0.128x
Astera Labs, Inc. NASDAQ:ALAB	0.050x
Ciena Corp NYSE:CIEN	0.082x

Annual Cash Flow Conversion Efficiency for Elite Material Co Ltd (2003–2025)

The table below shows the annual cash flow conversion efficiency of Elite Material Co Ltd from 2003 to 2025. For the full company profile with market capitalisation and key ratios, see 2383 market cap overview.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	NT$50.44 Billion ≈ $1.59 Billion	NT$11.97 Billion ≈ $377.05 Million	0.237x	+14.65%
2024-12-31	NT$35.09 Billion ≈ $1.11 Billion	NT$7.26 Billion ≈ $228.84 Million	0.207x	+92.02%
2023-12-31	NT$26.81 Billion ≈ $844.65 Million	NT$2.89 Billion ≈ $91.04 Million	0.108x	-68.27%
2022-12-31	NT$22.07 Billion ≈ $695.47 Million	NT$7.50 Billion ≈ $236.23 Million	0.340x	+67.02%
2021-12-31	NT$19.77 Billion ≈ $622.99 Million	NT$4.02 Billion ≈ $126.70 Million	0.203x	-3.11%
2020-12-31	NT$16.76 Billion ≈ $527.89 Million	NT$3.52 Billion ≈ $110.81 Million	0.210x	+15.23%
2019-12-31	NT$13.54 Billion ≈ $426.48 Million	NT$2.47 Billion ≈ $77.69 Million	0.182x	+4.00%
2018-12-31	NT$11.91 Billion ≈ $375.38 Million	NT$2.09 Billion ≈ $65.75 Million	0.175x	-31.98%
2017-12-31	NT$11.88 Billion ≈ $374.40 Million	NT$3.06 Billion ≈ $96.42 Million	0.258x	+4.10%
2016-12-31	NT$10.51 Billion ≈ $331.18 Million	NT$2.60 Billion ≈ $81.93 Million	0.247x	-32.93%
2015-12-31	NT$9.69 Billion ≈ $305.34 Million	NT$3.57 Billion ≈ $112.62 Million	0.369x	+52.62%
2014-12-31	NT$8.18 Billion ≈ $257.57 Million	NT$1.98 Billion ≈ $62.25 Million	0.242x	+33.89%
2013-12-31	NT$6.91 Billion ≈ $217.62 Million	NT$1.25 Billion ≈ $39.28 Million	0.181x	-3.44%
2012-12-31	NT$6.31 Billion ≈ $198.76 Million	NT$1.18 Billion ≈ $37.15 Million	0.187x	-7.78%
2011-12-31	NT$5.66 Billion ≈ $178.31 Million	NT$1.15 Billion ≈ $36.14 Million	0.203x	-40.70%
2010-12-31	NT$4.95 Billion ≈ $155.99 Million	NT$1.69 Billion ≈ $53.32 Million	0.342x	+22.96%
2009-12-31	NT$4.27 Billion ≈ $134.66 Million	NT$1.19 Billion ≈ $37.43 Million	0.278x	+2034.55%
2008-12-31	NT$3.48 Billion ≈ $109.61 Million	NT$-49.99 Million ≈ $-1.58 Million	-0.014x	-104.57%
2007-12-31	NT$3.43 Billion ≈ $107.92 Million	NT$1.08 Billion ≈ $33.94 Million	0.314x	+1240.84%
2006-12-31	NT$3.00 Billion ≈ $94.62 Million	NT$70.44 Million ≈ $2.22 Million	0.023x	-89.57%
2005-12-31	NT$2.23 Billion ≈ $70.27 Million	NT$501.75 Million ≈ $15.81 Million	0.225x	+421.55%
2004-12-31	NT$2.07 Billion ≈ $65.22 Million	NT$89.29 Million ≈ $2.81 Million	0.043x	-38.51%
2003-12-31	NT$1.84 Billion ≈ $58.02 Million	NT$129.19 Million ≈ $4.07 Million	0.070x	--

About Elite Material Co Ltd

TW:2383 Taiwan Electronic Components

Market Cap

$53.57 Billion

NT$1.70 Trillion TWD

Market Cap Rank

#491 Global

#7 in Taiwan

Share Price

NT$4745.00

Change (1 day)

+9.97%

52-Week Range

NT$1105.00 - NT$6080.00

All Time High

NT$6080.00