TrueLight (3234) - Cash Flow Conversion Efficiency
Based on the latest financial reports, TrueLight (3234) has a cash flow conversion efficiency ratio of -0.033x 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$-26.22 Million ≈ $-826.07K USD) by net assets (NT$796.18 Million ≈ $25.08 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 3234 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
TrueLight - Cash Flow Conversion Efficiency Trend (2017–2024)
This chart illustrates how TrueLight's cash flow conversion efficiency has evolved over time, based on yearly financial data.
TrueLight Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of TrueLight ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Man Infraconstruction Limited
NSE:MANINFRA
|
0.007x |
|
Infortrend Technology Inc
TW:2495
|
0.012x |
|
Shandong Homey Aquatic Development Co Ltd
SHG:600467
|
0.010x |
|
Xinjiang Winka Times Dept
SHG:603101
|
0.106x |
|
TPI Polene Power Public Company Limited
BK:TPIPP
|
0.000x |
|
Hwail Pharmaceutical Co.Ltd
KQ:061250
|
0.033x |
|
Orange County Bancorp Inc
NASDAQ:OBT
|
0.106x |
|
Shanghai Lianming Machinery Co Ltd
SHG:603006
|
0.006x |
Annual Cash Flow Conversion Efficiency for TrueLight (2017–2024)
The table below shows the annual cash flow conversion efficiency of TrueLight from 2017 to 2024. For the full company profile with market capitalisation and key ratios, see market value of TrueLight.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | NT$910.22 Million ≈ $28.68 Million |
NT$-56.37 Million ≈ $-1.78 Million |
-0.062x | +66.76% |
| 2023-12-31 | NT$703.72 Million ≈ $22.17 Million |
NT$-131.12 Million ≈ $-4.13 Million |
-0.186x | -192.58% |
| 2022-12-31 | NT$773.30 Million ≈ $24.36 Million |
NT$155.64 Million ≈ $4.90 Million |
0.201x | -26.71% |
| 2021-12-31 | NT$792.86 Million ≈ $24.98 Million |
NT$217.74 Million ≈ $6.86 Million |
0.275x | -27.38% |
| 2020-12-31 | NT$921.11 Million ≈ $29.02 Million |
NT$348.35 Million ≈ $10.97 Million |
0.378x | +0.79% |
| 2019-12-31 | NT$907.98 Million ≈ $28.61 Million |
NT$340.69 Million ≈ $10.73 Million |
0.375x | +228.00% |
| 2018-12-31 | NT$1.15 Billion ≈ $36.17 Million |
NT$131.32 Million ≈ $4.14 Million |
0.114x | -46.27% |
| 2017-12-31 | NT$1.31 Billion ≈ $41.35 Million |
NT$279.43 Million ≈ $8.80 Million |
0.213x | -- |
About TrueLight
TrueLight Corporation designs, develops, and supplies optical communication components in China, Taiwan, Asia, the United States, and Europe. The company offers optical fiber communication, 4G/5G mobile communication base station interconnection, cloud data center, and 3D sensing/near-field sensing/flood illumination products. It also provides vertical cavity surface emitting lasers, edge lasers,… Read more