Sincere Navigation Corp
Sincere Navigation Corporation, a shipping transportation company, owns and operates bulk cargo vessels in Taiwan. Its fleet includes dry bulk carriers, tankers, and woodchip carriers. Sincere Navigation Corporation serves coal and iron ore miner, steel, energy, and paper industries. The company was founded in 1960 and is headquartered in Taipei, Taiwan.
Sincere Navigation Corp (2605) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: 0.034x
Based on the latest financial reports, Sincere Navigation Corp (2605) has a cash flow conversion efficiency ratio of 0.034x 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$551.25 Million) by net assets (NT$16.25 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Sincere Navigation Corp - Cash Flow Conversion Efficiency Trend (2000–2024)
This chart illustrates how Sincere Navigation Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Sincere Navigation Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Sincere Navigation Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Jingsu Jingshen Salt&Chem
SHG:603299
|
0.003x |
|
Kalvista Pharmaceuticals Inc
NASDAQ:KALV
|
-1.923x |
|
OIL&GAS REGS
IL:OGDC
|
-0.006x |
|
Maas Group Holdings Ltd
AU:MGH
|
0.080x |
|
Civista Bancshares Inc
NASDAQ:CIVB
|
-0.029x |
|
Serica Energy plc
PINK:SQZZF
|
0.239x |
|
Heimar hf.
IC:HEIMAR
|
0.027x |
|
SOCIETE LDC INH. EO 040
F:LC41
|
N/A |
Annual Cash Flow Conversion Efficiency for Sincere Navigation Corp (2000–2024)
The table below shows the annual cash flow conversion efficiency of Sincere Navigation Corp from 2000 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | NT$18.26 Billion | NT$2.95 Billion | 0.162x | +20.30% |
| 2023-12-31 | NT$15.89 Billion | NT$2.13 Billion | 0.134x | +56.04% |
| 2022-12-31 | NT$17.47 Billion | NT$1.50 Billion | 0.086x | -38.69% |
| 2021-12-31 | NT$15.87 Billion | NT$2.23 Billion | 0.140x | -9.90% |
| 2020-12-31 | NT$15.64 Billion | NT$2.44 Billion | 0.156x | +39.69% |
| 2019-12-31 | NT$16.70 Billion | NT$1.86 Billion | 0.112x | +63.81% |
| 2018-12-31 | NT$17.50 Billion | NT$1.19 Billion | 0.068x | -38.01% |
| 2017-12-31 | NT$17.09 Billion | NT$1.88 Billion | 0.110x | -16.84% |
| 2016-12-31 | NT$18.57 Billion | NT$2.45 Billion | 0.132x | -18.70% |
| 2015-12-31 | NT$19.56 Billion | NT$3.18 Billion | 0.162x | +26.48% |
| 2014-12-31 | NT$18.42 Billion | NT$2.37 Billion | 0.128x | -19.31% |
| 2013-12-31 | NT$16.81 Billion | NT$2.68 Billion | 0.159x | -28.80% |
| 2012-12-31 | NT$16.09 Billion | NT$3.60 Billion | 0.224x | +16.09% |
| 2011-12-31 | NT$15.89 Billion | NT$3.06 Billion | 0.193x | -39.60% |
| 2010-12-31 | NT$14.65 Billion | NT$4.67 Billion | 0.319x | +6.22% |
| 2009-12-31 | NT$15.40 Billion | NT$4.62 Billion | 0.300x | +10.18% |
| 2008-12-31 | NT$13.97 Billion | NT$3.80 Billion | 0.272x | -9.22% |
| 2007-12-31 | NT$12.36 Billion | NT$3.71 Billion | 0.300x | +16.95% |
| 2006-12-31 | NT$11.42 Billion | NT$2.93 Billion | 0.257x | -25.97% |
| 2005-12-31 | NT$10.13 Billion | NT$3.51 Billion | 0.347x | +30.74% |
| 2004-12-31 | NT$8.18 Billion | NT$2.17 Billion | 0.265x | +8.14% |
| 2003-12-31 | NT$6.74 Billion | NT$1.65 Billion | 0.245x | +44.00% |
| 2002-12-31 | NT$5.88 Billion | NT$1.00 Billion | 0.170x | -23.10% |
| 2001-12-31 | NT$5.59 Billion | NT$1.24 Billion | 0.221x | +65.71% |
| 2000-12-31 | NT$5.32 Billion | NT$710.63 Million | 0.134x | -- |