Tong Ming Enterprise Co Ltd (5538) - Cash Flow Conversion Efficiency

Latest as of December 2025: -0.036x

Based on the latest financial reports, Tong Ming Enterprise Co Ltd (5538) has a cash flow conversion efficiency ratio of -0.036x 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$-275.92 Million ≈ $-8.69 Million USD) by net assets (NT$7.67 Billion ≈ $241.69 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 Tong Ming Enterprise Co Ltd balance sheet quality to measure how much of total assets are equity-financed.

Tong Ming Enterprise Co Ltd - Cash Flow Conversion Efficiency Trend (2010–2025)

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

Tong Ming Enterprise Co Ltd Competitors by Cash Flow Conversion Efficiency

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

Company	Cash Flow Conversion Efficiency
Somany Ceramics Limited NSE:SOMANYCERA	0.119x
Kepler Weber S.A SA:KEPL3	0.071x
Stellus Capital Investment NYSE:SCM	0.063x
Signature International Bhd KLSE:7246	0.018x
NORTHERN OCEAN LTD. F:4JO	N/A
Utah Medical Products Inc NASDAQ:UTMD	0.026x
Etteplan Oyj HE:ETTE	0.138x
Acsion Ltd JSE:ACS	0.034x

Annual Cash Flow Conversion Efficiency for Tong Ming Enterprise Co Ltd (2010–2025)

The table below shows the annual cash flow conversion efficiency of Tong Ming Enterprise Co Ltd from 2010 to 2025. For the full company profile with market capitalisation and key ratios, see 5538 market cap.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	NT$7.67 Billion ≈ $241.69 Million	NT$696.13 Million ≈ $21.93 Million	0.091x	-16.62%
2024-12-31	NT$7.15 Billion ≈ $225.12 Million	NT$777.66 Million ≈ $24.50 Million	0.109x	-56.35%
2023-12-31	NT$6.54 Billion ≈ $206.14 Million	NT$1.63 Billion ≈ $51.39 Million	0.249x	+367.76%
2022-12-31	NT$6.93 Billion ≈ $218.48 Million	NT$369.62 Million ≈ $11.65 Million	0.053x	+366.19%
2021-12-31	NT$6.54 Billion ≈ $206.06 Million	NT$-130.96 Million ≈ $-4.13 Million	-0.020x	-1719.66%
2020-12-31	NT$4.18 Billion ≈ $131.60 Million	NT$5.16 Million ≈ $162.69K	0.001x	-99.31%
2019-12-31	NT$3.89 Billion ≈ $122.43 Million	NT$701.27 Million ≈ $22.09 Million	0.180x	+35.40%
2018-12-31	NT$3.89 Billion ≈ $122.60 Million	NT$518.63 Million ≈ $16.34 Million	0.133x	+210.11%
2017-12-31	NT$3.84 Billion ≈ $121.00 Million	NT$-464.84 Million ≈ $-14.65 Million	-0.121x	-156.02%
2016-12-31	NT$3.54 Billion ≈ $111.54 Million	NT$764.92 Million ≈ $24.10 Million	0.216x	+47.50%
2015-12-31	NT$3.53 Billion ≈ $111.17 Million	NT$516.90 Million ≈ $16.29 Million	0.146x	-9.84%
2014-12-31	NT$3.73 Billion ≈ $117.48 Million	NT$605.87 Million ≈ $19.09 Million	0.162x	+12.77%
2013-12-31	NT$3.30 Billion ≈ $103.94 Million	NT$475.31 Million ≈ $14.97 Million	0.144x	+48.62%
2012-12-31	NT$2.95 Billion ≈ $92.95 Million	NT$285.99 Million ≈ $9.01 Million	0.097x	-29.78%
2011-12-31	NT$2.88 Billion ≈ $90.61 Million	NT$397.07 Million ≈ $12.51 Million	0.138x	+146.21%
2010-12-31	NT$2.56 Billion ≈ $80.74 Million	NT$-765.54 Million ≈ $-24.12 Million	-0.299x	--

About Tong Ming Enterprise Co Ltd

TW:5538 Taiwan Steel

Market Cap

$216.79 Million

NT$6.88 Billion TWD

Market Cap Rank

#16193 Global

#749 in Taiwan

Share Price

NT$34.20

Change (1 day)

+2.09%

52-Week Range

NT$28.25 - NT$36.25

All Time High

NT$60.00