Sino Horizon Holdings Ltd (2923) - Cash Flow Conversion Efficiency

Latest as of June 2025: -0.028x

Based on the latest financial reports, Sino Horizon Holdings Ltd (2923) has a cash flow conversion efficiency ratio of -0.028x as of June 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$-1.30 Billion ≈ $-41.08 Million USD) by net assets (NT$46.36 Billion ≈ $1.46 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 2923 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.

Sino Horizon Holdings Ltd - Cash Flow Conversion Efficiency Trend (2009–2024)

This chart illustrates how Sino Horizon Holdings Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data.

Sino Horizon Holdings Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Sino Horizon Holdings Ltd ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Energizer Holdings Inc NYSE:ENR	-0.010x
Xiamen King Long Motor Group Co Ltd SHG:600686	-0.128x
Jupiter Wagons Limited NSE:JWL	-0.041x
Guangdong Tapai Group Co Ltd SHE:002233	0.039x
Dogan Sirketler Grubu Holding AS IS:DOHOL	0.116x
Home First Finance Company India Limited NSE:HOMEFIRST	-0.121x
Dampskibsselskabet Norden AS CO:DNORD	0.124x
ShanXi Coking Co Ltd SHG:600740	0.010x

Annual Cash Flow Conversion Efficiency for Sino Horizon Holdings Ltd (2009–2024)

The table below shows the annual cash flow conversion efficiency of Sino Horizon Holdings Ltd from 2009 to 2024. For the full company profile with market capitalisation and key ratios, see Sino Horizon Holdings Ltd market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	NT$51.80 Billion ≈ $1.63 Billion	NT$-5.34 Billion ≈ $-168.21 Million	-0.103x	-1692.06%
2023-12-31	NT$49.89 Billion ≈ $1.57 Billion	NT$322.99 Million ≈ $10.18 Million	0.006x	-83.16%
2022-12-31	NT$50.39 Billion ≈ $1.59 Billion	NT$1.94 Billion ≈ $61.04 Million	0.038x	+207.89%
2021-12-31	NT$52.70 Billion ≈ $1.66 Billion	NT$-1.88 Billion ≈ $-59.16 Million	-0.036x	-215.16%
2020-12-31	NT$54.15 Billion ≈ $1.71 Billion	NT$1.68 Billion ≈ $52.79 Million	0.031x	+179.63%
2019-12-31	NT$54.81 Billion ≈ $1.73 Billion	NT$-2.13 Billion ≈ $-67.10 Million	-0.039x	-255.49%
2018-12-31	NT$52.52 Billion ≈ $1.65 Billion	NT$1.31 Billion ≈ $41.36 Million	0.025x	+126.26%
2017-12-31	NT$54.01 Billion ≈ $1.70 Billion	NT$-5.14 Billion ≈ $-161.93 Million	-0.095x	-182.74%
2016-12-31	NT$53.82 Billion ≈ $1.70 Billion	NT$-1.81 Billion ≈ $-57.07 Million	-0.034x	-160.30%
2015-12-31	NT$57.64 Billion ≈ $1.82 Billion	NT$3.22 Billion ≈ $101.35 Million	0.056x	+509.74%
2014-12-31	NT$56.37 Billion ≈ $1.78 Billion	NT$-767.83 Million ≈ $-24.19 Million	-0.014x	+84.16%
2013-12-31	NT$32.53 Billion ≈ $1.02 Billion	NT$-2.80 Billion ≈ $-88.13 Million	-0.086x	-10.34%
2012-12-31	NT$29.79 Billion ≈ $938.46 Million	NT$-2.32 Billion ≈ $-73.13 Million	-0.078x	+42.30%
2011-12-31	NT$28.29 Billion ≈ $891.35 Million	NT$-3.82 Billion ≈ $-120.39 Million	-0.135x	+45.56%
2010-12-31	NT$21.02 Billion ≈ $662.22 Million	NT$-5.21 Billion ≈ $-164.30 Million	-0.248x	-132.26%
2009-12-31	NT$17.63 Billion ≈ $555.48 Million	NT$-1.88 Billion ≈ $-59.34 Million	-0.107x	--

About Sino Horizon Holdings Ltd

TW:2923 Taiwan Real Estate - Development

Market Cap

$1.29 Billion

NT$40.98 Billion TWD

Market Cap Rank

#7979 Global

#261 in Taiwan

Share Price

NT$23.55

Change (1 day)

-7.65%

52-Week Range

NT$17.20 - NT$28.25

All Time High

NT$39.75