China Bills Finance Corp (2820) - Cash Flow Conversion Efficiency

Latest as of March 2026: 0.027x

Based on the latest financial reports, China Bills Finance Corp (2820) has a cash flow conversion efficiency ratio of 0.027x 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$747.23 Million ≈ $23.54 Million USD) by net assets (NT$27.88 Billion ≈ $878.22 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 2820 net asset quality index to measure how much of total assets are equity-financed.

China Bills Finance Corp - Cash Flow Conversion Efficiency Trend (2006–2025)

This chart illustrates how China Bills Finance Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check 2820 operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.

China Bills Finance Corp Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of China Bills Finance Corp ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Minerva S.A SA:BEEF3	-0.175x
Haining China Leather Market Co Ltd SHE:002344	-0.023x
Ardmore Shpng NYSE:ASC	0.041x
NICE Information Service Co. Ltd KQ:030190	-0.030x
Greenfire Resources Ltd. NYSE:GFR	0.001x
Marimaca Copper Corp. AU:MC2	-0.022x
Scanfil Oyj HE:SCANFL	0.118x
ESGL Holdings Limited NASDAQ:OIO	-0.041x

Annual Cash Flow Conversion Efficiency for China Bills Finance Corp (2006–2025)

The table below shows the annual cash flow conversion efficiency of China Bills Finance Corp from 2006 to 2025. For the full company profile with market capitalisation and key ratios, see China Bills Finance Corp market cap and net worth.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	NT$27.83 Billion ≈ $876.81 Million	NT$2.10 Billion ≈ $66.12 Million	0.075x	+220.68%
2024-12-31	NT$25.22 Billion ≈ $794.64 Million	NT$-1.58 Billion ≈ $-49.65 Million	-0.062x	+73.97%
2023-12-31	NT$24.93 Billion ≈ $785.53 Million	NT$-5.99 Billion ≈ $-188.58 Million	-0.240x	-258.79%
2022-12-31	NT$21.98 Billion ≈ $692.43 Million	NT$3.32 Billion ≈ $104.68 Million	0.151x	+351.47%
2021-12-31	NT$25.56 Billion ≈ $805.19 Million	NT$-1.54 Billion ≈ $-48.41 Million	-0.060x	-131.51%
2020-12-31	NT$25.45 Billion ≈ $801.80 Million	NT$4.86 Billion ≈ $153.00 Million	0.191x	-66.57%
2019-12-31	NT$23.86 Billion ≈ $751.58 Million	NT$13.62 Billion ≈ $429.05 Million	0.571x	+366.26%
2018-12-31	NT$23.30 Billion ≈ $734.03 Million	NT$-5.00 Billion ≈ $-157.38 Million	-0.214x	-152.51%
2017-12-31	NT$23.02 Billion ≈ $725.41 Million	NT$-1.96 Billion ≈ $-61.59 Million	-0.085x	+52.11%
2016-12-31	NT$22.44 Billion ≈ $706.89 Million	NT$-3.98 Billion ≈ $-125.32 Million	-0.177x	-260.49%
2015-12-31	NT$22.39 Billion ≈ $705.26 Million	NT$2.47 Billion ≈ $77.91 Million	0.110x	-16.57%
2014-12-31	NT$21.47 Billion ≈ $676.33 Million	NT$2.84 Billion ≈ $89.55 Million	0.132x	+182.02%
2013-12-31	NT$20.95 Billion ≈ $659.99 Million	NT$-3.38 Billion ≈ $-106.55 Million	-0.161x	-373.95%
2012-12-31	NT$20.79 Billion ≈ $655.02 Million	NT$1.23 Billion ≈ $38.60 Million	0.059x	+126.57%
2011-12-31	NT$21.65 Billion ≈ $682.17 Million	NT$-4.80 Billion ≈ $-151.34 Million	-0.222x	-193.68%
2010-12-31	NT$18.51 Billion ≈ $583.04 Million	NT$4.38 Billion ≈ $138.07 Million	0.237x	+1571.30%
2009-12-31	NT$21.63 Billion ≈ $681.42 Million	NT$306.47 Million ≈ $9.66 Million	0.014x	+107.31%
2008-12-31	NT$21.32 Billion ≈ $671.72 Million	NT$-4.13 Billion ≈ $-130.18 Million	-0.194x	-9.80%
2007-12-31	NT$18.93 Billion ≈ $596.38 Million	NT$-3.34 Billion ≈ $-105.26 Million	-0.177x	+13.11%
2006-12-31	NT$18.79 Billion ≈ $591.90 Million	NT$-3.82 Billion ≈ $-120.24 Million	-0.203x	--

About China Bills Finance Corp

TW:2820 Taiwan Capital Markets

Market Cap

$708.70 Million

NT$22.49 Billion TWD

Market Cap Rank

#10309 Global

#342 in Taiwan

Share Price

NT$16.75

Change (1 day)

+0.60%

52-Week Range

NT$15.40 - NT$17.85

All Time High

NT$17.85