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

Latest as of September 2025: -0.006x

Based on the latest financial reports, Tong Ming Enterprise Co Ltd (5538) has a cash flow conversion efficiency ratio of -0.006x as of September 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$-44.28 Million ≈ $-1.39 Million USD) by net assets (NT$6.96 Billion ≈ $219.30 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Tong Ming Enterprise Co Ltd - Cash Flow Conversion Efficiency Trend (2010–2024)

This chart illustrates how Tong Ming Enterprise Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read total liabilities of Tong Ming Enterprise Co Ltd for a breakdown of total debt and financial obligations.

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
Kolon Globalco KO:003070	-0.036x
Veranda Learning Solutions Limited NSE:VERANDA	-0.050x
Bang & Olufsen CO:BO	0.041x
ICLICK INT.ASIA ADR/5 A F:I9C	N/A
Rishabh Instruments Limited NSE:RISHABH	0.045x
Motorcar Parts of America Inc NASDAQ:MPAA	-0.032x
SEG International Bhd KLSE:9792	0.341x
Bank Agris Tbk JK:AGRS	0.027x

Annual Cash Flow Conversion Efficiency for Tong Ming Enterprise Co Ltd (2010–2024)

The table below shows the annual cash flow conversion efficiency of Tong Ming Enterprise Co Ltd from 2010 to 2024. For the full company profile with market capitalisation and key ratios, see Tong Ming Enterprise Co Ltd (5538) total market value.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
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

$196.51 Million

NT$6.24 Billion TWD

Market Cap Rank

#16598 Global

#801 in Taiwan

Share Price

NT$31.00

Change (1 day)

-2.82%

52-Week Range

NT$28.25 - NT$33.40

All Time High

NT$60.00