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 Thinking Electronic Industrial Co Ltd (2428) net asset quality to measure how much of total assets are equity-financed.

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. Check how high is Thinking Electronic Industrial Co Ltd's earnings quality to evaluate the quality of earnings relative to operating cash generation.

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
Truking Technology Ltd SHE:300358	0.070x
Minerals 260 Ltd AU:MI6	-0.038x
MHP SE GDR S/2 F:MPQ	0.056x
Kayne Anderson BDC, Inc. NYSE:KBDC	0.037x
N-Able Inc NYSE:NABL	0.022x
Luzerner Kantonalbank AG LSE:0QNU	0.004x
Shandong Jinjing Science and Technology Stock Co Ltd SHG:600586	-0.032x
Tongyang Life KO:082640	1.300x

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 2428 market cap overview.

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

$881.92 Million

NT$27.99 Billion TWD

Market Cap Rank

#9293 Global

#296 in Taiwan

Share Price

NT$218.50

Change (1 day)

+9.80%

52-Week Range

NT$142.00 - NT$343.50

All Time High

NT$343.50