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. See 2440 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

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.

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
Western Bulk Chartering AS OL:WEST	0.075x
Shanghai Lingang Holdings Co Ltd B SHG:900928	-0.013x
Marmota Ltd AU:MEU	-0.010x
Fintech Ecosystem Development Corp NASDAQ:FEXD	-0.018x
Bullpen Parlay Acquisition Co NASDAQ:BPAC	-0.003x
Woorison F&G Co. Ltd KQ:073560	0.033x
MacroWell OMG Digital Entertainment Co Ltd TWO:3687	0.018x
Netanel Group TA:NTGR	0.243x

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

$74.29 Million

NT$2.36 Billion TWD

Market Cap Rank

#20450 Global

#1230 in Taiwan

Share Price

NT$16.95

Change (1 day)

+0.00%

52-Week Range

NT$11.90 - NT$20.50

All Time High

NT$29.90