TrueLight Cash Flow Conversion Efficiency
TrueLight 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.
Cash Flow Conversion Efficiency of TrueLight (2017–2024)
Cash flow conversion efficiency of TrueLight from 2017 to 2024. This chart illustrates how TrueLight's cash flow conversion efficiency has evolved over time, based on yearly financial data. View 3234 share price today for real-time trading data and today's change.
TrueLight Cash Flow Conversion Ratio Explained
TrueLight cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
TrueLight Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of TrueLight ranked by their cash flow conversion efficiency. Also see market value of TrueLight for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Sebang Global Battery Co Ltd
KO:004490
|
0.042x |
|
LS Materials
KQ:417200
|
0.016x |
|
Zhejiang Xinzhonggang Thermal Power Co Ltd
SHG:605162
|
0.045x |
|
First Trust High Yield Opportunities 2027 Term Fund
NYSE:FTHY
|
N/A |
|
Dingli Communications Corp Ltd
SHE:300050
|
0.081x |
|
Advanced Power Electronics Corp
TW:8261
|
0.016x |
|
Brilliance Technology Co Ltd
SHE:300542
|
-0.164x |
|
KraussMaffei Co Ltd
SHG:600579
|
0.018x |
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. Review TrueLight (3234) free cash flow to assess how much free cash flow the company generates relative to operating cash flow.
| 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