Taiwan Pelican Express Co Ltd (2642) - Cash Flow Conversion Efficiency

Latest as of March 2026: 0.020x

Based on the latest financial reports, Taiwan Pelican Express Co Ltd (2642) has a cash flow conversion efficiency ratio of 0.020x as of March 2026. 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$36.37 Million ≈ $1.15 Million USD) by net assets (NT$1.80 Billion ≈ $56.78 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 how leveraged is Taiwan Pelican Express Co Ltd's balance sheet to measure how much of total assets are equity-financed.

Taiwan Pelican Express Co Ltd - Cash Flow Conversion Efficiency Trend (2010–2025)

This chart illustrates how Taiwan Pelican Express Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check earnings quality score of Taiwan Pelican Express Co Ltd to evaluate the quality of earnings relative to operating cash generation.

Taiwan Pelican Express Co Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Taiwan Pelican Express Co Ltd ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Sono-Tek Corp NASDAQ:SOTK	0.063x
Falcon Metals Ltd AU:FAL	-0.177x
Enersense International Oyj HE:ESENSE	0.129x
Bilendi PA:ALBLD	0.110x
Shalimar Paints Limited NSE:SHALPAINTS	-0.010x
Chain Chon Industrial Co Ltd TWO:5014	-0.015x
Jinhui Shipping and Transportation Limited F:J4O	0.038x
Ta Yih Industrial Co Ltd TW:1521	0.038x

Annual Cash Flow Conversion Efficiency for Taiwan Pelican Express Co Ltd (2010–2025)

The table below shows the annual cash flow conversion efficiency of Taiwan Pelican Express Co Ltd from 2010 to 2025. For the full company profile with market capitalisation and key ratios, see Taiwan Pelican Express Co Ltd market cap and net worth.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	NT$2.05 Billion ≈ $64.66 Million	NT$289.53 Million ≈ $9.12 Million	0.141x	+21.12%
2024-12-31	NT$2.05 Billion ≈ $64.58 Million	NT$238.78 Million ≈ $7.52 Million	0.116x	-12.27%
2023-12-31	NT$2.23 Billion ≈ $70.10 Million	NT$295.42 Million ≈ $9.31 Million	0.133x	-43.23%
2022-12-31	NT$2.20 Billion ≈ $69.26 Million	NT$514.12 Million ≈ $16.20 Million	0.234x	+38.68%
2021-12-31	NT$2.75 Billion ≈ $86.67 Million	NT$463.92 Million ≈ $14.62 Million	0.169x	-29.65%
2020-12-31	NT$1.98 Billion ≈ $62.52 Million	NT$475.66 Million ≈ $14.99 Million	0.240x	-12.38%
2019-12-31	NT$1.73 Billion ≈ $54.48 Million	NT$473.09 Million ≈ $14.90 Million	0.274x	+257.21%
2018-12-31	NT$1.61 Billion ≈ $50.86 Million	NT$123.63 Million ≈ $3.90 Million	0.077x	+16.54%
2017-12-31	NT$1.66 Billion ≈ $52.39 Million	NT$109.28 Million ≈ $3.44 Million	0.066x	-29.38%
2016-12-31	NT$1.62 Billion ≈ $51.16 Million	NT$151.13 Million ≈ $4.76 Million	0.093x	-13.37%
2015-12-31	NT$1.62 Billion ≈ $51.15 Million	NT$174.42 Million ≈ $5.50 Million	0.107x	+10.95%
2014-12-31	NT$1.81 Billion ≈ $57.12 Million	NT$175.54 Million ≈ $5.53 Million	0.097x	-20.99%
2013-12-31	NT$1.50 Billion ≈ $47.33 Million	NT$184.09 Million ≈ $5.80 Million	0.123x	-52.03%
2012-12-31	NT$1.10 Billion ≈ $34.75 Million	NT$281.70 Million ≈ $8.88 Million	0.255x	-23.99%
2011-12-31	NT$865.49 Million ≈ $27.27 Million	NT$290.84 Million ≈ $9.16 Million	0.336x	+50.83%
2010-12-31	NT$649.15 Million ≈ $20.45 Million	NT$144.63 Million ≈ $4.56 Million	0.223x	--

About Taiwan Pelican Express Co Ltd

TW:2642 Taiwan Integrated Freight & Logistics

Market Cap

$60.46 Million

NT$1.92 Billion TWD

Market Cap Rank

#21094 Global

#1277 in Taiwan

Share Price

NT$20.10

Change (1 day)

-0.25%

52-Week Range

NT$20.10 - NT$32.05

All Time High

NT$135.47