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. Also see 2428 stock market capitalisation for the company's overall valuation and market capitalisation.

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. Explore 2428 cash to earnings ratio to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
Henan Yicheng New Energy Co Ltd SHE:300080	-0.019x
Metro Investment Development Co Ltd SHG:600683	-0.022x
Graincorp Ltd AU:GNC	0.239x
Direcional Engenharia S.A. SA:DIRR3	0.055x
Tianjin Benefo Tejing Electric Co Ltd SHG:600468	0.001x
Actions Technology Co Ltd SHG:688049	0.043x
Fengfan Power SHG:601700	0.096x
MONGOLIAN MINING CRP.REGS F:29X2	N/A

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. View current stock price of Thinking Electronic Industrial Co Ltd for real-time trading data and today's change.

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

$1.03 Billion

NT$32.54 Billion TWD

Market Cap Rank

#8793 Global

#285 in Taiwan

Share Price

NT$254.00

Change (1 day)

+0.40%

52-Week Range

NT$148.00 - NT$343.50

All Time High

NT$343.50