Taiwan Pelican Express Co Ltd (2642) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Taiwan Pelican Express Co Ltd (2642) has a cash flow conversion efficiency ratio of 0.025x 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$55.09 Million ≈ $1.74 Million USD) by net assets (NT$2.18 Billion ≈ $68.61 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Taiwan Pelican Express Co Ltd - Cash Flow Conversion Efficiency Trend (2010–2024)
This chart illustrates how Taiwan Pelican Express Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read how much debt does Taiwan Pelican Express Co Ltd carry for a breakdown of total debt and financial obligations.
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 |
|---|---|
|
NewHold Investment Corp III Warrants
NASDAQ:NHICW
|
-0.001x |
|
SCG PACKAGING -FGN- BA 1
F:5Y7A
|
N/A |
|
Grand Vision Media Holdings PLC
LSE:GVMH
|
0.025x |
|
American Shipping Company ASA
OL:AMSC
|
-0.201x |
|
IMAGIN MEDICAL INC.
F:DPD3
|
N/A |
|
Enteq Upstream
LSE:NTQ
|
-0.088x |
|
daVictus plc
LSE:DVT
|
0.067x |
|
Trafalgar New Homes Plc
LSE:TRAF
|
-0.117x |
Annual Cash Flow Conversion Efficiency for Taiwan Pelican Express Co Ltd (2010–2024)
The table below shows the annual cash flow conversion efficiency of Taiwan Pelican Express Co Ltd from 2010 to 2024. For the full company profile with market capitalisation and key ratios, see Taiwan Pelican Express Co Ltd market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 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
Taiwan Pelican Express Co., Ltd. provides truck transportation, home delivery, and other professional logistic delivery services in Taiwan. It offers C2C, B2C, and C2B home-delivery services; and warehouse storage, logistics, and tally and packaging services. The company was founded in 1999 and is based in Taipei, Taiwan.