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 net asset quality index to measure how much of total assets are equity-financed.
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. Check 3234 cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
Echomarketing Co.Ltd
KQ:230360
|
-0.054x |
|
Guangdong Failong Crystal Technology Co Ltd
SHE:300460
|
0.028x |
|
R Systems International Limited
NSE:RSYSTEMS
|
0.131x |
|
Vizionfocus Inc.
TW:4771
|
0.069x |
|
Hainan Huluwa Pharmaceutical Group Co Ltd
SHG:605199
|
0.103x |
|
IVF Hartmann Holding AG
SW:VBSN
|
0.014x |
|
Liton Technology
TWO:6175
|
0.056x |
|
Holsin Engineering Consulting
SHG:603909
|
0.014x |
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 how much is TrueLight worth.
| 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