Thinking Electronic Industrial Co Ltd (2428) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.046x

Based on the latest financial reports, Thinking Electronic Industrial Co Ltd (2428) has a cash flow conversion efficiency ratio of 0.046x 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$482.21 Million ≈ $15.19 Million USD) by net assets (NT$10.55 Billion ≈ $332.24 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 2428 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.

Thinking Electronic Industrial Co Ltd - Cash Flow Conversion Efficiency Trend (2002–2024)

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

Thinking Electronic Industrial Co Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Thinking Electronic Industrial Co Ltd ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Jiangsu Shagang Co Ltd SHE:002075	0.072x
Generation Capital Ltd TA:GNRS	0.046x
Ituran Location and Control Ltd NASDAQ:ITRN	0.143x
Faraday Copper Corp. TO:FDY	0.012x
Chengdu Leejun Industrial Co Ltd SHE:002651	0.000x
Xinyu Iron & Steel Co Ltd SHG:600782	0.050x
Lions Gate Entertainment Corp NYSE:LGF-B	0.760x
Lapidoth TA:LAPD	0.028x

Annual Cash Flow Conversion Efficiency for Thinking Electronic Industrial Co Ltd (2002–2024)

The table below shows the annual cash flow conversion efficiency of Thinking Electronic Industrial Co Ltd from 2002 to 2024. For the full company profile with market capitalisation and key ratios, see Thinking Electronic Industrial Co Ltd market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	NT$10.71 Billion ≈ $337.47 Million	NT$1.79 Billion ≈ $56.36 Million	0.167x	-25.87%
2023-12-31	NT$9.45 Billion ≈ $297.66 Million	NT$2.13 Billion ≈ $67.06 Million	0.225x	+7.86%
2022-12-31	NT$8.94 Billion ≈ $281.77 Million	NT$1.87 Billion ≈ $58.86 Million	0.209x	+9.83%
2021-12-31	NT$8.28 Billion ≈ $260.75 Million	NT$1.57 Billion ≈ $49.59 Million	0.190x	+5.43%
2020-12-31	NT$7.44 Billion ≈ $234.55 Million	NT$1.34 Billion ≈ $42.31 Million	0.180x	-28.63%
2019-12-31	NT$6.51 Billion ≈ $205.26 Million	NT$1.65 Billion ≈ $51.88 Million	0.253x	+13.97%
2018-12-31	NT$6.06 Billion ≈ $190.92 Million	NT$1.34 Billion ≈ $42.34 Million	0.222x	+13.99%
2017-12-31	NT$5.66 Billion ≈ $178.18 Million	NT$1.10 Billion ≈ $34.67 Million	0.195x	-0.52%
2016-12-31	NT$5.04 Billion ≈ $158.66 Million	NT$984.95 Million ≈ $31.03 Million	0.196x	-12.59%
2015-12-31	NT$4.74 Billion ≈ $149.27 Million	NT$1.06 Billion ≈ $33.40 Million	0.224x	+58.95%
2014-12-31	NT$4.36 Billion ≈ $137.52 Million	NT$614.43 Million ≈ $19.36 Million	0.141x	+1.51%
2013-12-31	NT$3.85 Billion ≈ $121.30 Million	NT$533.88 Million ≈ $16.82 Million	0.139x	-11.87%
2012-12-31	NT$3.53 Billion ≈ $111.25 Million	NT$555.58 Million ≈ $17.50 Million	0.157x	+93.80%
2011-12-31	NT$3.40 Billion ≈ $106.98 Million	NT$275.67 Million ≈ $8.69 Million	0.081x	-59.83%
2010-12-31	NT$3.12 Billion ≈ $98.18 Million	NT$629.81 Million ≈ $19.84 Million	0.202x	-26.53%
2009-12-31	NT$2.92 Billion ≈ $92.03 Million	NT$803.54 Million ≈ $25.32 Million	0.275x	+50.16%
2008-12-31	NT$2.31 Billion ≈ $72.69 Million	NT$422.71 Million ≈ $13.32 Million	0.183x	+1087.24%
2007-12-31	NT$2.25 Billion ≈ $70.87 Million	NT$34.71 Million ≈ $1.09 Million	0.015x	-87.98%
2006-12-31	NT$1.95 Billion ≈ $61.56 Million	NT$250.80 Million ≈ $7.90 Million	0.128x	+82.79%
2005-12-31	NT$1.61 Billion ≈ $50.75 Million	NT$113.11 Million ≈ $3.56 Million	0.070x	-71.05%
2004-12-31	NT$1.39 Billion ≈ $43.86 Million	NT$337.71 Million ≈ $10.64 Million	0.243x	+63.82%
2003-12-31	NT$1.33 Billion ≈ $41.88 Million	NT$196.82 Million ≈ $6.20 Million	0.148x	+22.36%
2002-12-31	NT$1.22 Billion ≈ $38.31 Million	NT$147.13 Million ≈ $4.64 Million	0.121x	--

About Thinking Electronic Industrial Co Ltd

TW:2428 Taiwan Electronic Components

Market Cap

$1.21 Billion

NT$38.31 Billion TWD

Market Cap Rank

#8263 Global

#275 in Taiwan

Share Price

NT$299.00

Change (1 day)

+6.79%

52-Week Range

NT$129.00 - NT$310.00

All Time High

NT$310.00