Niching Industrial (3444) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Niching Industrial (3444) has a cash flow conversion efficiency ratio of 0.087x 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$87.02 Million ≈ $2.74 Million USD) by net assets (NT$997.13 Million ≈ $31.42 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 3444 equity to assets ratio to measure how much of total assets are equity-financed.
Niching Industrial - Cash Flow Conversion Efficiency Trend (2017–2024)
This chart illustrates how Niching Industrial's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Niching Industrial cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
Niching Industrial Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Niching Industrial ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
q.beyond AG
F:QBY
|
0.035x |
|
Finder Energy Holdings Ltd
AU:FDR
|
-0.630x |
|
Aris Gold Corporation
V:CGC
|
-1.279x |
|
Raba Jarmuipari Holding Nyrt
BUD:RABA
|
0.085x |
|
Davicom Semiconductor Inc
TW:3094
|
0.005x |
|
Emerging Display Technologies Corp
TW:3038
|
0.054x |
|
Srithai Superware Public Company Limited
BK:SITHAI
|
0.047x |
|
RF Acquisition Corp II Ordinary Shares
NASDAQ:RFAI
|
-0.006x |
Annual Cash Flow Conversion Efficiency for Niching Industrial (2017–2024)
The table below shows the annual cash flow conversion efficiency of Niching Industrial from 2017 to 2024. For the full company profile with market capitalisation and key ratios, see Niching Industrial stock valuation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | NT$1.07 Billion ≈ $33.85 Million |
NT$88.48 Million ≈ $2.79 Million |
0.082x | -43.60% |
| 2023-12-31 | NT$1.09 Billion ≈ $34.23 Million |
NT$158.66 Million ≈ $5.00 Million |
0.146x | +19.00% |
| 2022-12-31 | NT$920.26 Million ≈ $28.99 Million |
NT$112.94 Million ≈ $3.56 Million |
0.123x | -58.52% |
| 2021-12-31 | NT$807.16 Million ≈ $25.43 Million |
NT$238.82 Million ≈ $7.52 Million |
0.296x | +326.72% |
| 2020-12-31 | NT$736.91 Million ≈ $23.22 Million |
NT$51.10 Million ≈ $1.61 Million |
0.069x | +326.41% |
| 2019-12-31 | NT$695.44 Million ≈ $21.91 Million |
NT$-21.30 Million ≈ $-671.00K |
-0.031x | -152.37% |
| 2018-12-31 | NT$650.43 Million ≈ $20.49 Million |
NT$38.04 Million ≈ $1.20 Million |
0.058x | -12.87% |
| 2017-12-31 | NT$580.46 Million ≈ $18.29 Million |
NT$38.96 Million ≈ $1.23 Million |
0.067x | -- |
About Niching Industrial
Niching Industrial Corporation manufactures, markets and sells semiconductor, flat panel display, LED, green energy, and nanotechnology products. It provides silver pastes products, including customized silver paste, pure and hybrid silver sintering paste, snap cure anisotropic conductive paste, conductive silver paste, and screen-printing silver paste; semiconductor package substrate, such as me… Read more