Space Shuttle Hi-Tech Co Ltd Cash Flow Conversion Efficiency

Latest as of September 2025: -0.127x

Space Shuttle Hi-Tech Co Ltd cash flow conversion efficiency. Based on the latest financial reports, Space Shuttle Hi-Tech Co Ltd (2440) has a cash flow conversion efficiency ratio of -0.127x 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$-150.09 Million ≈ $-4.73 Million USD) by net assets (NT$1.18 Billion ≈ $37.25 Million 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 Space Shuttle Hi-Tech Co Ltd (2000–2024)

Cash flow conversion efficiency of Space Shuttle Hi-Tech Co Ltd from 2000 to 2024. This chart illustrates how Space Shuttle Hi-Tech Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. View 2440 stock price and chart for real-time trading data and today's change.

Space Shuttle Hi-Tech Co Ltd Cash Flow Conversion Ratio Explained

Space Shuttle Hi-Tech 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.

Space Shuttle Hi-Tech Co Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Space Shuttle Hi-Tech Co Ltd ranked by their cash flow conversion efficiency. Also see 2440 stock market capitalisation for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
JW Shinyak Corporation KQ:067290	0.115x
KMH Co. Ltd KQ:122450	0.083x
Westlin Corporation NASDAQ:WSTN	-0.003x
EasyJet PLC LSE:EZJ	0.153x
PUBLIC POLICY HO.COM 144A F:PD7	N/A
Kyungdong Gas KO:012320	0.000x
Kredyt Inkaso SA WAR:KRI	0.105x
Croda International PLC LSE:CRDA	0.044x

Annual Cash Flow Conversion Efficiency for Space Shuttle Hi-Tech Co Ltd (2000–2024)

The table below shows the annual cash flow conversion efficiency of Space Shuttle Hi-Tech Co Ltd from 2000 to 2024. Review free cash flow generation of Space Shuttle Hi-Tech Co Ltd 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
2024-12-31	NT$1.23 Billion ≈ $38.67 Million	NT$-244.91 Million ≈ $-7.72 Million	-0.200x	-11.00%
2023-12-31	NT$1.23 Billion ≈ $38.84 Million	NT$-221.63 Million ≈ $-6.98 Million	-0.180x	-153.09%
2022-12-31	NT$1.40 Billion ≈ $43.96 Million	NT$472.45 Million ≈ $14.88 Million	0.339x	+559.17%
2021-12-31	NT$1.41 Billion ≈ $44.30 Million	NT$-103.70 Million ≈ $-3.27 Million	-0.074x	-39.11%
2020-12-31	NT$1.26 Billion ≈ $39.63 Million	NT$-66.68 Million ≈ $-2.10 Million	-0.053x	-126.21%
2019-12-31	NT$1.05 Billion ≈ $32.97 Million	NT$211.64 Million ≈ $6.67 Million	0.202x	+491.72%
2018-12-31	NT$1.18 Billion ≈ $37.06 Million	NT$-60.74 Million ≈ $-1.91 Million	-0.052x	+80.34%
2017-12-31	NT$1.20 Billion ≈ $37.73 Million	NT$-314.48 Million ≈ $-9.91 Million	-0.263x	-697.77%
2016-12-31	NT$1.13 Billion ≈ $35.71 Million	NT$49.79 Million ≈ $1.57 Million	0.044x	+186.90%
2015-12-31	NT$1.15 Billion ≈ $36.22 Million	NT$-58.12 Million ≈ $-1.83 Million	-0.051x	+64.67%
2014-12-31	NT$1.19 Billion ≈ $37.53 Million	NT$-170.45 Million ≈ $-5.37 Million	-0.143x	+35.76%
2013-12-31	NT$1.17 Billion ≈ $36.85 Million	NT$-260.51 Million ≈ $-8.21 Million	-0.223x	-1051.06%
2012-12-31	NT$1.23 Billion ≈ $38.70 Million	NT$28.77 Million ≈ $906.38K	0.023x	-8.11%
2011-12-31	NT$1.44 Billion ≈ $45.34 Million	NT$36.68 Million ≈ $1.16 Million	0.025x	+394.24%
2010-12-31	NT$1.53 Billion ≈ $48.31 Million	NT$-13.28 Million ≈ $-418.46K	-0.009x	-104.10%
2009-12-31	NT$1.63 Billion ≈ $51.35 Million	NT$344.58 Million ≈ $10.86 Million	0.211x	-13.62%
2008-12-31	NT$1.54 Billion ≈ $48.51 Million	NT$376.85 Million ≈ $11.87 Million	0.245x	+87.28%
2007-12-31	NT$1.94 Billion ≈ $61.24 Million	NT$254.04 Million ≈ $8.00 Million	0.131x	-3.59%
2004-12-31	NT$2.25 Billion ≈ $70.94 Million	NT$305.23 Million ≈ $9.62 Million	0.136x	+129.74%
2001-12-31	NT$1.90 Billion ≈ $59.86 Million	NT$112.11 Million ≈ $3.53 Million	0.059x	-73.30%
2000-12-31	NT$1.53 Billion ≈ $48.10 Million	NT$337.37 Million ≈ $10.63 Million	0.221x	--

About Space Shuttle Hi-Tech Co Ltd

TW:2440 Taiwan Electrical Equipment & Parts

Market Cap

$61.80 Million

NT$1.96 Billion TWD

Market Cap Rank

#20880 Global

#1258 in Taiwan

Share Price

NT$14.10

Change (1 day)

-2.76%

52-Week Range

NT$12.15 - NT$20.50

All Time High

NT$29.90