Soonest Express Co Ltd (2643) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Soonest Express Co Ltd (2643) has a cash flow conversion efficiency ratio of 0.153x 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$267.09 Million ≈ $8.41 Million USD) by net assets (NT$1.75 Billion ≈ $55.10 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Soonest Express Co Ltd - Cash Flow Conversion Efficiency Trend (2017–2024)
This chart illustrates how Soonest Express Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read Soonest Express Co Ltd debt and liabilities for a breakdown of total debt and financial obligations.
Soonest Express Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Soonest Express Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Info Yatirim AS
IS:INFO
|
0.022x |
|
Wintergreen Acquisition Corp. Ordinary Shares
NASDAQ:WTG
|
0.000x |
|
Fortune Information Systems Corp
TW:2468
|
0.088x |
|
Sun Max Tech Ltd
TW:6591
|
0.073x |
|
Shenzhen Nanshan Power Co Ltd
SHE:200037
|
-0.042x |
|
Kuantum Papers Limited
NSE:KUANTUM
|
0.115x |
|
Mallcom (India) Limited
NSE:MALLCOM
|
0.021x |
|
Nurol Gayrimenkul Yatirim Ortakligi AS
IS:NUGYO
|
0.016x |
Annual Cash Flow Conversion Efficiency for Soonest Express Co Ltd (2017–2024)
The table below shows the annual cash flow conversion efficiency of Soonest Express Co Ltd from 2017 to 2024. For the full company profile with market capitalisation and key ratios, see 2643 market cap overview.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | NT$1.97 Billion ≈ $61.96 Million |
NT$-13.06 Million ≈ $-411.49K |
-0.007x | +86.40% |
| 2023-12-31 | NT$1.86 Billion ≈ $58.50 Million |
NT$-90.67 Million ≈ $-2.86 Million |
-0.049x | -109.95% |
| 2022-12-31 | NT$1.54 Billion ≈ $48.40 Million |
NT$753.72 Million ≈ $23.75 Million |
0.491x | +296.84% |
| 2021-12-31 | NT$1.11 Billion ≈ $35.00 Million |
NT$137.36 Million ≈ $4.33 Million |
0.124x | -52.55% |
| 2020-12-31 | NT$955.56 Million ≈ $30.11 Million |
NT$248.97 Million ≈ $7.84 Million |
0.261x | +128.51% |
| 2019-12-31 | NT$1.42 Billion ≈ $44.65 Million |
NT$161.59 Million ≈ $5.09 Million |
0.114x | -12.55% |
| 2018-12-31 | NT$639.33 Million ≈ $20.14 Million |
NT$83.36 Million ≈ $2.63 Million |
0.130x | +78.32% |
| 2017-12-31 | NT$602.19 Million ≈ $18.97 Million |
NT$44.03 Million ≈ $1.39 Million |
0.073x | -- |
About Soonest Express Co Ltd
Soonest Express Co., Ltd. provides integrated logistics solutions in Taiwan, Asia, and the United States. It offers air and ocean freight forwarding services; custom clearance services; transit/warehouse/transportation services; and courier services. The company was founded in 1984 and is based in Taipei, Taiwan.