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 operational self-sufficiency of Taiwan Paiho Ltd to measure how many days the company can operate on defensive assets alone.

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.

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
Ellaktor S.A AT:ELLAKTOR	-0.004x
Shaanxi Panlong Pharmaceutical Group Limited By Share Ltd Class A SHE:002864	0.016x
AQUILA PART PROD COM RO:AQ	0.061x
Apartment Investment and Management Co NYSE:AIV	0.005x
LAY-OUT Planning Consultants Co. Ltd. SHE:300989	N/A
General Oceans ASA OL:GENO	0.033x
AMAROQ MINERALS LTD F:72Q	N/A
Microvast Holdings Inc NASDAQ:MVST	0.009x

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 Taiwan Paiho Ltd stock valuation.

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

$416.81 Million

NT$13.23 Billion TWD

Market Cap Rank

#13337 Global

#538 in Taiwan

Share Price

NT$44.40

Change (1 day)

+0.91%

52-Week Range

NT$42.10 - NT$60.40

All Time High

NT$107.36