Union Bank of Taiwan (2838) - Cash Flow Conversion Efficiency

Latest as of December 2025: -0.031x

Based on the latest financial reports, Union Bank of Taiwan (2838) has a cash flow conversion efficiency ratio of -0.031x as of December 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$-2.73 Billion ≈ $-85.95 Million USD) by net assets (NT$87.33 Billion ≈ $2.75 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Union Bank of Taiwan balance sheet independence to measure how much of total assets are equity-financed.

Union Bank of Taiwan - Cash Flow Conversion Efficiency Trend (2004–2025)

This chart illustrates how Union Bank of Taiwan's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check how high is Union Bank of Taiwan's earnings quality to evaluate the quality of earnings relative to operating cash generation.

Union Bank of Taiwan Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Union Bank of Taiwan ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Ero Copper Corp TO:ERO	0.068x
Shenzhen Honor Electronic Co Ltd SHE:300870	0.068x
AIR FRANCE-KLM ADR EO 85 F:FQZ	0.525x
Shanxi Securities Co Ltd SHE:002500	0.284x
Jiangsu Jiejie Microelectronics Co Ltd SHE:300623	0.025x
EZconn Corp TW:6442	-0.006x
Amber Enterprises India Limited NSE:AMBER	-0.205x
NH Hoteles MC:NHH	0.219x

Annual Cash Flow Conversion Efficiency for Union Bank of Taiwan (2004–2025)

The table below shows the annual cash flow conversion efficiency of Union Bank of Taiwan from 2004 to 2025. For the full company profile with market capitalisation and key ratios, see 2838 market cap.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	NT$87.33 Billion ≈ $2.75 Billion	NT$-5.88 Billion ≈ $-185.25 Million	-0.067x	-203.31%
2024-12-31	NT$79.45 Billion ≈ $2.50 Billion	NT$-1.76 Billion ≈ $-55.57 Million	-0.022x	-107.31%
2023-12-31	NT$70.64 Billion ≈ $2.23 Billion	NT$21.44 Billion ≈ $675.49 Million	0.304x	+726.85%
2022-12-31	NT$63.12 Billion ≈ $1.99 Billion	NT$-3.06 Billion ≈ $-96.28 Million	-0.048x	-17.98%
2021-12-31	NT$65.87 Billion ≈ $2.08 Billion	NT$-2.70 Billion ≈ $-85.16 Million	-0.041x	-127.82%
2020-12-31	NT$60.19 Billion ≈ $1.90 Billion	NT$8.88 Billion ≈ $279.75 Million	0.148x	+137.89%
2019-12-31	NT$56.25 Billion ≈ $1.77 Billion	NT$-21.90 Billion ≈ $-690.04 Million	-0.389x	-135.42%
2018-12-31	NT$50.06 Billion ≈ $1.58 Billion	NT$55.03 Billion ≈ $1.73 Billion	1.099x	+219.15%
2017-12-31	NT$48.19 Billion ≈ $1.52 Billion	NT$-44.46 Billion ≈ $-1.40 Billion	-0.923x	-2290.77%
2016-12-31	NT$36.22 Billion ≈ $1.14 Billion	NT$1.53 Billion ≈ $48.05 Million	0.042x	+119.15%
2015-12-31	NT$35.15 Billion ≈ $1.11 Billion	NT$-7.73 Billion ≈ $-243.55 Million	-0.220x	-239.38%
2014-12-31	NT$32.31 Billion ≈ $1.02 Billion	NT$5.10 Billion ≈ $160.60 Million	0.158x	+145.14%
2013-12-31	NT$28.68 Billion ≈ $903.59 Million	NT$-10.02 Billion ≈ $-315.82 Million	-0.350x	-1464.73%
2012-12-31	NT$25.24 Billion ≈ $795.27 Million	NT$-563.85 Million ≈ $-17.76 Million	-0.022x	-108.86%
2011-12-31	NT$22.19 Billion ≈ $699.10 Million	NT$5.59 Billion ≈ $176.23 Million	0.252x	-56.82%
2010-12-31	NT$20.31 Billion ≈ $639.84 Million	NT$11.86 Billion ≈ $373.57 Million	0.584x	-38.81%
2009-12-31	NT$19.26 Billion ≈ $606.76 Million	NT$18.38 Billion ≈ $578.93 Million	0.954x	+233.84%
2008-12-31	NT$17.09 Billion ≈ $538.40 Million	NT$4.88 Billion ≈ $153.88 Million	0.286x	+269.55%
2007-12-31	NT$18.10 Billion ≈ $570.18 Million	NT$1.40 Billion ≈ $44.10 Million	0.077x	-93.27%
2006-12-31	NT$20.58 Billion ≈ $648.43 Million	NT$23.64 Billion ≈ $744.75 Million	1.149x	+205.53%
2005-12-31	NT$20.38 Billion ≈ $641.96 Million	NT$-22.18 Billion ≈ $-698.71 Million	-1.088x	-445.90%
2004-12-31	NT$18.73 Billion ≈ $590.12 Million	NT$-3.73 Billion ≈ $-117.66 Million	-0.199x	--

About Union Bank of Taiwan

TW:2838 Taiwan Banks - Regional

Market Cap

$2.84 Billion

NT$90.07 Billion TWD

Market Cap Rank

#4999 Global

#140 in Taiwan

Share Price

NT$20.75

Change (1 day)

+0.73%

52-Week Range

NT$16.60 - NT$24.70

All Time High

NT$24.70