Sincere Navigation Corp Cash Flow Conversion Efficiency
Sincere Navigation Corp 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.
Cash Flow Conversion Efficiency of Sincere Navigation Corp (2000–2024)
Cash flow conversion efficiency of Sincere Navigation Corp from 2000 to 2024. This chart illustrates how Sincere Navigation Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. View 2605 stock price and chart for real-time trading data and today's change.
Sincere Navigation Corp Cash Flow Conversion Ratio Explained
Sincere Navigation Corp cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
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. Also see Sincere Navigation Corp stock valuation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Tipco Asphalt Public Company Limited
F:NVP5
|
0.092x |
|
Nanjing Chemical Fibre Co Ltd
SHG:600889
|
-0.100x |
|
Shengyuan Environmental Protection
SHE:300867
|
0.021x |
|
Anhui Estone Materials Technology Co Ltd
SHG:688733
|
-0.014x |
|
SNP Schneider-Neureither & Partner SE
XETRA:SHF
|
0.083x |
|
Grendene S.A
SA:GRND3
|
0.009x |
|
Envela Corp
NYSE MKT:ELA
|
0.279x |
|
Fineotex Chemical Limited
NSE:FCL
|
0.021x |
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. Review Sincere Navigation Corp (2605) FCF generation index to assess how much free cash flow the company generates relative to operating cash flow.
| 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.