RAC Electric Vehicles Inc.
RAC Electric Vehicles Inc., together with its subsidiaries, develops, manufactures, and sells electric commercial vehicles in Taiwan and internationally. The company offers electric buses. It also engages in the manufacture and wholesale of batteries; manufacture and retail of automobile and motorcycle parts; and manufacture and sale of public transportation domestic bus dynamic information manag… Read more
RAC Electric Vehicles Inc. (2237) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2025: -0.051x
Based on the latest financial reports, RAC Electric Vehicles Inc. (2237) has a cash flow conversion efficiency ratio of -0.051x 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$-56.18 Million) by net assets (NT$1.09 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
RAC Electric Vehicles Inc. - Cash Flow Conversion Efficiency Trend (2020–2024)
This chart illustrates how RAC Electric Vehicles Inc.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
RAC Electric Vehicles Inc. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of RAC Electric Vehicles Inc. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
GlobalTech Corporation
PINK:GLTK
|
0.061x |
|
AHES GMYO
IS:AHSGY
|
N/A |
|
Demisas Dokum Emaye Mamulleri Sanayi AS
IS:DMSAS
|
-0.026x |
|
Energy Solar Tech S.L.
MC:ETC
|
-0.081x |
|
Lee Enterprises Incorporated
NASDAQ:LEE
|
-0.109x |
|
ROCHE BOBOIS S.A. EO5
F:5RO
|
N/A |
|
Mineralbrunnen Überkingen-Teinach GmbH & Co. KGaA
F:MUT3
|
0.031x |
|
Millennial Potash Corp.
OTCQB:MLPNF
|
-0.032x |
Annual Cash Flow Conversion Efficiency for RAC Electric Vehicles Inc. (2020–2024)
The table below shows the annual cash flow conversion efficiency of RAC Electric Vehicles Inc. from 2020 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | NT$1.07 Billion | NT$-7.57 Million | -0.007x | +99.52% |
| 2023-12-31 | NT$537.94 Million | NT$-784.63 Million | -1.459x | -245.24% |
| 2022-12-31 | NT$702.36 Million | NT$-296.73 Million | -0.422x | -59.97% |
| 2021-12-31 | NT$880.54 Million | NT$-232.55 Million | -0.264x | +0.86% |
| 2020-12-31 | NT$477.42 Million | NT$-127.18 Million | -0.266x | -- |