Sincere Navigation Corp (2605) - Cash Flow Conversion Efficiency

Latest 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 ≈ $17.37 Million USD) by net assets (NT$16.25 Billion ≈ $511.82 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 defensive interval ratio of Sincere Navigation Corp to measure how many days the company can operate on defensive assets alone.

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.

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
DBAPPSecurity Co Ltd SHG:688023	0.004x
Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd. SHE:301289	-0.003x
Anhui Province Natural Gas Development Co Ltd SHG:603689	-0.014x
Taiwan Sakura Corp TW:9911	0.059x
Vibhavadi Medical Center Public Company Limited BK:VIBHA	0.043x
Australian Agricultural Company Ltd AU:AAC	0.001x
Neogen Chemicals Limited NSE:NEOGEN	-0.302x
Hubei Biocause Heilen Pharmaceutical Co. Ltd. SHE:301211	0.005x

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. For the full company profile with market capitalisation and key ratios, see market cap of Sincere Navigation Corp.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	NT$18.26 Billion ≈ $575.19 Million	NT$2.95 Billion ≈ $92.91 Million	0.162x	+20.30%
2023-12-31	NT$15.89 Billion ≈ $500.49 Million	NT$2.13 Billion ≈ $67.20 Million	0.134x	+56.04%
2022-12-31	NT$17.47 Billion ≈ $550.38 Million	NT$1.50 Billion ≈ $47.36 Million	0.086x	-38.69%
2021-12-31	NT$15.87 Billion ≈ $499.90 Million	NT$2.23 Billion ≈ $70.17 Million	0.140x	-9.90%
2020-12-31	NT$15.64 Billion ≈ $492.70 Million	NT$2.44 Billion ≈ $76.75 Million	0.156x	+39.69%
2019-12-31	NT$16.70 Billion ≈ $526.23 Million	NT$1.86 Billion ≈ $58.68 Million	0.112x	+63.81%
2018-12-31	NT$17.50 Billion ≈ $551.45 Million	NT$1.19 Billion ≈ $37.54 Million	0.068x	-38.01%
2017-12-31	NT$17.09 Billion ≈ $538.46 Million	NT$1.88 Billion ≈ $59.13 Million	0.110x	-16.84%
2016-12-31	NT$18.57 Billion ≈ $585.00 Million	NT$2.45 Billion ≈ $77.25 Million	0.132x	-18.70%
2015-12-31	NT$19.56 Billion ≈ $616.35 Million	NT$3.18 Billion ≈ $100.11 Million	0.162x	+26.48%
2014-12-31	NT$18.42 Billion ≈ $580.28 Million	NT$2.37 Billion ≈ $74.52 Million	0.128x	-19.31%
2013-12-31	NT$16.81 Billion ≈ $529.53 Million	NT$2.68 Billion ≈ $84.28 Million	0.159x	-28.80%
2012-12-31	NT$16.09 Billion ≈ $506.92 Million	NT$3.60 Billion ≈ $113.32 Million	0.224x	+16.09%
2011-12-31	NT$15.89 Billion ≈ $500.58 Million	NT$3.06 Billion ≈ $96.40 Million	0.193x	-39.60%
2010-12-31	NT$14.65 Billion ≈ $461.43 Million	NT$4.67 Billion ≈ $147.11 Million	0.319x	+6.22%
2009-12-31	NT$15.40 Billion ≈ $485.30 Million	NT$4.62 Billion ≈ $145.66 Million	0.300x	+10.18%
2008-12-31	NT$13.97 Billion ≈ $440.03 Million	NT$3.80 Billion ≈ $119.87 Million	0.272x	-9.22%
2007-12-31	NT$12.36 Billion ≈ $389.29 Million	NT$3.71 Billion ≈ $116.82 Million	0.300x	+16.95%
2006-12-31	NT$11.42 Billion ≈ $359.85 Million	NT$2.93 Billion ≈ $92.33 Million	0.257x	-25.97%
2005-12-31	NT$10.13 Billion ≈ $319.05 Million	NT$3.51 Billion ≈ $110.58 Million	0.347x	+30.74%
2004-12-31	NT$8.18 Billion ≈ $257.58 Million	NT$2.17 Billion ≈ $68.28 Million	0.265x	+8.14%
2003-12-31	NT$6.74 Billion ≈ $212.28 Million	NT$1.65 Billion ≈ $52.04 Million	0.245x	+44.00%
2002-12-31	NT$5.88 Billion ≈ $185.14 Million	NT$1.00 Billion ≈ $31.52 Million	0.170x	-23.10%
2001-12-31	NT$5.59 Billion ≈ $176.25 Million	NT$1.24 Billion ≈ $39.02 Million	0.221x	+65.71%
2000-12-31	NT$5.32 Billion ≈ $167.60 Million	NT$710.63 Million ≈ $22.39 Million	0.134x	--

About Sincere Navigation Corp

TW:2605 Taiwan Marine Shipping

Market Cap

$571.70 Million

NT$18.15 Billion TWD

Market Cap Rank

#11699 Global

#443 in Taiwan

Share Price

NT$31.00

Change (1 day)

-4.47%

52-Week Range

NT$20.80 - NT$43.35

All Time High

NT$53.63