Space Shuttle Hi-Tech Co Ltd (2440) - Cash Flow Conversion Efficiency

Latest as of September 2025: -0.127x

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.

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

This chart illustrates how Space Shuttle Hi-Tech Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read Space Shuttle Hi-Tech Co Ltd balance sheet liabilities for a breakdown of total debt and financial obligations.

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.

Company	Cash Flow Conversion Efficiency
Progress-Werk Oberkirch AG XETRA:PWO	0.024x
Ibkimyoung Co. Ltd KQ:339950	0.107x
Highland Copper Company Inc. V:HI	-0.087x
Senzime AB ST:SEZI	-0.091x
Cryomax Cooling System Corp TW:1587	-0.089x
Taeyang Metal KO:004100	0.052x
Champions Oncology Inc NASDAQ:CSBR	-0.306x
DreamCIS Inc KQ:223250	0.023x

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. For the full company profile with market capitalisation and key ratios, see Space Shuttle Hi-Tech Co Ltd market cap and net worth.

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

$79.99 Million

NT$2.54 Billion TWD

Market Cap Rank

#20045 Global

#1171 in Taiwan

Share Price

NT$18.25

Change (1 day)

-1.88%

52-Week Range

NT$11.90 - NT$18.60

All Time High

NT$29.90