Sincere Navigation Corp (2605) - Cash Flow Conversion Efficiency
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 2605 net asset quality score to measure how much of total assets are equity-financed.
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. Check 2605 operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
TomTom NV
AS:TOM2
|
0.065x |
|
Farglory FTZ Investment Holding Co Ltd
TW:5607
|
0.041x |
|
Guangzhou Pearl River Industrial Development Co Ltd
SHG:600684
|
-0.001x |
|
Tibet Weixinkang Medicine Co Ltd
SHG:603676
|
0.009x |
|
Gloria Material Technology
TWO:5009
|
0.023x |
|
ION Exchange (India) Limited
NSE:IONEXCHANG
|
-0.006x |
|
Noah Holdings Ltd
NYSE:NOAH
|
0.000x |
|
Mega-info Media Co.Ltd.
SHE:301102
|
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. 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
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.