Cheer Time Enterprise Co Ltd (3229) - Cash Flow Conversion Efficiency

Latest as of June 2025: -0.031x

Based on the latest financial reports, Cheer Time Enterprise Co Ltd (3229) has a cash flow conversion efficiency ratio of -0.031x 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$-18.68 Million ≈ $-588.46K USD) by net assets (NT$596.28 Million ≈ $18.79 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 debt-free asset ratio of Cheer Time Enterprise Co Ltd to measure how much of total assets are equity-financed.

Cheer Time Enterprise Co Ltd - Cash Flow Conversion Efficiency Trend (2002–2024)

This chart illustrates how Cheer Time Enterprise Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check 3229 operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.

Cheer Time Enterprise Co Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Cheer Time Enterprise Co Ltd ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Apetit Oyj HE:APETIT	0.118x
Safkar Ege Sogutmacilik Klima Soguk Hava Tesisleri Ihracat Ithalat Sanayi ve Tic IS:SAFKR	0.064x
Vittia Fertilizantes SA:VITT3	0.172x
Amotech Co. Ltd KQ:052710	0.021x
Builddirect.com Tehcnologies Inc V:BILD	0.116x
Eurofins-Cerep SA PA:ALECR	-0.042x
Ecos India Mobility & Hospitality Ltd NSE:ECOSMOBLTY	0.088x
Tethys Petroleum Ltd V:TPL	0.112x

Annual Cash Flow Conversion Efficiency for Cheer Time Enterprise Co Ltd (2002–2024)

The table below shows the annual cash flow conversion efficiency of Cheer Time Enterprise Co Ltd from 2002 to 2024. For the full company profile with market capitalisation and key ratios, see Cheer Time Enterprise Co Ltd market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	NT$627.03 Million ≈ $19.75 Million	NT$67.91 Million ≈ $2.14 Million	0.108x	+339.91%
2023-12-31	NT$618.29 Million ≈ $19.48 Million	NT$-27.91 Million ≈ $-879.38K	-0.045x	-147.57%
2022-12-31	NT$639.86 Million ≈ $20.16 Million	NT$60.72 Million ≈ $1.91 Million	0.095x	+1914.53%
2021-12-31	NT$284.89 Million ≈ $8.98 Million	NT$-1.49 Million ≈ $-46.94K	-0.005x	+96.61%
2020-12-31	NT$350.00 Million ≈ $11.03 Million	NT$-54.01 Million ≈ $-1.70 Million	-0.154x	+4.07%
2019-12-31	NT$583.99 Million ≈ $18.40 Million	NT$-93.94 Million ≈ $-2.96 Million	-0.161x	-149.22%
2018-12-31	NT$720.93 Million ≈ $22.71 Million	NT$-46.53 Million ≈ $-1.47 Million	-0.065x	-103.47%
2017-12-31	NT$778.21 Million ≈ $24.52 Million	NT$-24.69 Million ≈ $-777.74K	-0.032x	-130.31%
2016-12-31	NT$899.78 Million ≈ $28.35 Million	NT$94.18 Million ≈ $2.97 Million	0.105x	+194.02%
2015-12-31	NT$1.15 Billion ≈ $36.27 Million	NT$-128.16 Million ≈ $-4.04 Million	-0.111x	-431.18%
2014-12-31	NT$997.04 Million ≈ $31.41 Million	NT$33.52 Million ≈ $1.06 Million	0.034x	-64.98%
2013-12-31	NT$943.04 Million ≈ $29.71 Million	NT$90.52 Million ≈ $2.85 Million	0.096x	-29.65%
2012-12-31	NT$555.88 Million ≈ $17.51 Million	NT$75.84 Million ≈ $2.39 Million	0.136x	-33.61%
2011-12-31	NT$732.02 Million ≈ $23.06 Million	NT$150.44 Million ≈ $4.74 Million	0.206x	+276.57%
2010-12-31	NT$730.53 Million ≈ $23.02 Million	NT$39.87 Million ≈ $1.26 Million	0.055x	-76.85%
2009-12-31	NT$742.60 Million ≈ $23.40 Million	NT$175.06 Million ≈ $5.52 Million	0.236x	+230.31%
2008-12-31	NT$672.11 Million ≈ $21.18 Million	NT$47.97 Million ≈ $1.51 Million	0.071x	-72.75%
2007-12-31	NT$604.29 Million ≈ $19.04 Million	NT$158.26 Million ≈ $4.99 Million	0.262x	+74.58%
2006-12-31	NT$624.57 Million ≈ $19.68 Million	NT$93.70 Million ≈ $2.95 Million	0.150x	-17.15%
2005-12-31	NT$564.69 Million ≈ $17.79 Million	NT$102.25 Million ≈ $3.22 Million	0.181x	+5.25%
2004-12-31	NT$501.80 Million ≈ $15.81 Million	NT$86.33 Million ≈ $2.72 Million	0.172x	-10.05%
2003-12-31	NT$443.33 Million ≈ $13.97 Million	NT$84.78 Million ≈ $2.67 Million	0.191x	+36.68%
2002-12-31	NT$381.89 Million ≈ $12.03 Million	NT$53.44 Million ≈ $1.68 Million	0.140x	--

About Cheer Time Enterprise Co Ltd

TW:3229 Taiwan Electronic Components

Market Cap

$87.36 Million

NT$2.77 Billion TWD

Market Cap Rank

#19597 Global

#1111 in Taiwan

Share Price

NT$43.15

Change (1 day)

+9.94%

52-Week Range

NT$14.20 - NT$54.40

All Time High

NT$54.40