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.

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. Read Thinking Electronic Industrial Co Ltd debt and liabilities for a breakdown of total debt and financial obligations.

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
Hippo Holdings Inc NYSE:HIPO	0.040x
Braskem S.A. SA:BRKM3	0.215x
W olf Photoelectric Technology Ltd SHE:002962	0.015x
Lloyds Banking Group PLC LSE:LLOY	0.141x
Hubei Biocause Heilen Pharmaceutical Co. Ltd. SHE:301211	0.005x
Lg Electronics Pref KO:066575	0.061x
Kronos Worldwide Inc NYSE:KRO	-0.010x
Tatwah Smartech Co Ltd SHE:002512	0.071x

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

$702.31 Million

NT$22.29 Billion TWD

Market Cap Rank

#10836 Global

#356 in Taiwan

Share Price

NT$174.00

Change (1 day)

-2.52%

52-Week Range

NT$125.00 - NT$204.50

All Time High

NT$229.08