Taiwan Paiho Ltd (9938) - Cash Flow Conversion Efficiency

Latest as of December 2025: 0.049x

Based on the latest financial reports, Taiwan Paiho Ltd (9938) has a cash flow conversion efficiency ratio of 0.049x 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$831.26 Million ≈ $26.19 Million USD) by net assets (NT$16.94 Billion ≈ $533.78 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 Taiwan Paiho Ltd net asset quality index to measure how much of total assets are equity-financed.

Taiwan Paiho Ltd - Cash Flow Conversion Efficiency Trend (2002–2025)

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

Taiwan Paiho Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Taiwan Paiho Ltd ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Leo Lithium Ltd AU:LLL	0.013x
Tadiran Hldg TA:TDRN	0.023x
Keystone Technology Co Ltd SHG:605588	0.055x
Kerry TJ Logistics Co Ltd TW:2608	0.057x
Suzhou Cheersson Precision Metal Fo SHE:002976	0.005x
SNT Motiv Co Ltd KO:064960	0.028x
Tianjin Binhai Energy & Development Co Ltd SHE:000695	-0.102x
Acacia Research Corporation NASDAQ:ACTG	0.006x

Annual Cash Flow Conversion Efficiency for Taiwan Paiho Ltd (2002–2025)

The table below shows the annual cash flow conversion efficiency of Taiwan Paiho Ltd from 2002 to 2025. For the full company profile with market capitalisation and key ratios, see 9938 company net worth.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	NT$16.94 Billion ≈ $533.78 Million	NT$2.34 Billion ≈ $73.83 Million	0.138x	-16.53%
2024-12-31	NT$16.52 Billion ≈ $520.45 Million	NT$2.74 Billion ≈ $86.25 Million	0.166x	+69.00%
2023-12-31	NT$13.90 Billion ≈ $437.96 Million	NT$1.36 Billion ≈ $42.94 Million	0.098x	-53.69%
2022-12-31	NT$14.49 Billion ≈ $456.46 Million	NT$3.07 Billion ≈ $96.65 Million	0.212x	+26.10%
2021-12-31	NT$13.63 Billion ≈ $429.43 Million	NT$2.29 Billion ≈ $72.11 Million	0.168x	-60.22%
2020-12-31	NT$12.45 Billion ≈ $392.37 Million	NT$5.26 Billion ≈ $165.61 Million	0.422x	+177.66%
2019-12-31	NT$11.67 Billion ≈ $367.58 Million	NT$1.77 Billion ≈ $55.88 Million	0.152x	-36.98%
2018-12-31	NT$11.10 Billion ≈ $349.72 Million	NT$2.68 Billion ≈ $84.36 Million	0.241x	+121.10%
2017-12-31	NT$10.61 Billion ≈ $334.41 Million	NT$1.16 Billion ≈ $36.48 Million	0.109x	-50.16%
2016-12-31	NT$9.93 Billion ≈ $312.77 Million	NT$2.17 Billion ≈ $68.46 Million	0.219x	-1.01%
2015-12-31	NT$9.38 Billion ≈ $295.52 Million	NT$2.07 Billion ≈ $65.34 Million	0.221x	-2.97%
2014-12-31	NT$8.79 Billion ≈ $276.98 Million	NT$2.00 Billion ≈ $63.12 Million	0.228x	+12.35%
2013-12-31	NT$7.21 Billion ≈ $227.29 Million	NT$1.46 Billion ≈ $46.10 Million	0.203x	+2.58%
2012-12-31	NT$6.57 Billion ≈ $206.90 Million	NT$1.30 Billion ≈ $40.91 Million	0.198x	+0.61%
2011-12-31	NT$6.72 Billion ≈ $211.62 Million	NT$1.32 Billion ≈ $41.59 Million	0.197x	+139.99%
2010-12-31	NT$6.06 Billion ≈ $191.06 Million	NT$496.60 Million ≈ $15.65 Million	0.082x	-61.25%
2009-12-31	NT$4.91 Billion ≈ $154.83 Million	NT$1.04 Billion ≈ $32.73 Million	0.211x	+51.44%
2008-12-31	NT$5.11 Billion ≈ $160.92 Million	NT$712.88 Million ≈ $22.46 Million	0.140x	+91.89%
2007-12-31	NT$4.93 Billion ≈ $155.46 Million	NT$358.89 Million ≈ $11.31 Million	0.073x	-38.16%
2006-12-31	NT$3.88 Billion ≈ $122.14 Million	NT$455.93 Million ≈ $14.36 Million	0.118x	+21.87%
2005-12-31	NT$3.10 Billion ≈ $97.76 Million	NT$299.44 Million ≈ $9.43 Million	0.097x	-46.21%
2004-12-31	NT$2.37 Billion ≈ $74.67 Million	NT$425.24 Million ≈ $13.40 Million	0.179x	+39.62%
2003-12-31	NT$1.82 Billion ≈ $57.25 Million	NT$233.49 Million ≈ $7.36 Million	0.128x	+27.50%
2002-12-31	NT$1.53 Billion ≈ $48.34 Million	NT$154.65 Million ≈ $4.87 Million	0.101x	--

About Taiwan Paiho Ltd

TW:9938 Taiwan Textile Manufacturing

Market Cap

$428.07 Million

NT$13.59 Billion TWD

Market Cap Rank

#12843 Global

#475 in Taiwan

Share Price

NT$45.60

Change (1 day)

+0.66%

52-Week Range

NT$42.10 - NT$60.40

All Time High

NT$107.36