Elite Material Co Ltd Cash Flow Conversion Efficiency
Elite Material Co Ltd cash flow conversion efficiency. Based on the latest financial reports, Elite Material Co Ltd (2383) has a cash flow conversion efficiency ratio of 0.040x as of June 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$2.34 Billion ≈ $73.78 Million USD) by net assets (NT$58.31 Billion ≈ $1.84 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of Elite Material Co Ltd (2003–2025)
Cash flow conversion efficiency of Elite Material Co Ltd from 2003 to 2025. This chart illustrates how Elite Material Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. View 2383 stock price for real-time trading data and today's change.
Elite Material Co Ltd Cash Flow Conversion Ratio Explained
Elite Material Co Ltd cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
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. Also see market value of Elite Material Co Ltd for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Credit Agricole SA
PA:ACA
|
-0.216x |
|
Ametek Inc
NYSE:AME
|
0.041x |
|
Realty Income Corporation
NYSE:O
|
0.021x |
|
AB Volvo (publ)
ST:VOLV-B
|
0.056x |
|
Delta Air Lines Inc
NYSE:DAL
|
0.073x |
|
Vale S.A
MX:VALEN
|
0.062x |
|
Target Corporation
NYSE:TGT
|
0.073x |
|
Takeda Pharmaceutical Co Ltd ADR
NYSE:TAK
|
0.047x |
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. Review 2383 free cash flow generation to assess how much free cash flow the company generates relative to operating cash flow.
| 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
Elite Material Co., Ltd. engages in the manufacturing and sales of copper clad laminates, electronic-industrial specialty chemical and raw materials, and electronic components in Taiwan, China, and internationally. The company also offers printed circuit boards, prepreg, and adhesive sheets. Its products are used in various industries, including mobile devices, infrastructure, automotives, aerosp… Read more