Etrend Hightech (3567) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Etrend Hightech (3567) has a cash flow conversion efficiency ratio of 0.028x 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$15.80 Million ≈ $497.85K USD) by net assets (NT$565.81 Million ≈ $17.83 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 3567 net asset quality index to measure how much of total assets are equity-financed.
Etrend Hightech - Cash Flow Conversion Efficiency Trend (2017–2024)
This chart illustrates how Etrend Hightech's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check 3567 cash to earnings ratio to evaluate the quality of earnings relative to operating cash generation.
Etrend Hightech Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Etrend Hightech ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
CryoCell International Inc
NYSE MKT:CCEL
|
-0.171x |
|
PLYTEC Holding Berhad
KLSE:0289
|
0.064x |
|
UCAL Limited
NSE:UCAL
|
N/A |
|
Trident Digital Tech Holdings Ltd American Depository Shares
NASDAQ:TDTH
|
0.658x |
|
Digitalx Ltd
AU:DCC
|
-0.023x |
|
Carbochim SA
RO:CBC
|
N/A |
|
Porn Prom Metal Public Company Limited
BK:PPM
|
0.008x |
|
UFO Moviez India Limited
NSE:UFO
|
0.134x |
Annual Cash Flow Conversion Efficiency for Etrend Hightech (2017–2024)
The table below shows the annual cash flow conversion efficiency of Etrend Hightech from 2017 to 2024. For the full company profile with market capitalisation and key ratios, see Etrend Hightech market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | NT$603.43 Million ≈ $19.01 Million |
NT$117.61 Million ≈ $3.71 Million |
0.195x | -18.78% |
| 2023-12-31 | NT$630.67 Million ≈ $19.87 Million |
NT$151.34 Million ≈ $4.77 Million |
0.240x | -21.44% |
| 2022-12-31 | NT$596.90 Million ≈ $18.81 Million |
NT$182.34 Million ≈ $5.74 Million |
0.305x | -5.34% |
| 2021-12-31 | NT$590.01 Million ≈ $18.59 Million |
NT$190.40 Million ≈ $6.00 Million |
0.323x | +11.63% |
| 2020-12-31 | NT$552.50 Million ≈ $17.41 Million |
NT$159.72 Million ≈ $5.03 Million |
0.289x | +17.01% |
| 2019-12-31 | NT$531.34 Million ≈ $16.74 Million |
NT$131.28 Million ≈ $4.14 Million |
0.247x | -28.74% |
| 2018-12-31 | NT$537.17 Million ≈ $16.92 Million |
NT$186.25 Million ≈ $5.87 Million |
0.347x | +9.24% |
| 2017-12-31 | NT$556.99 Million ≈ $17.55 Million |
NT$176.78 Million ≈ $5.57 Million |
0.317x | -- |
About Etrend Hightech
ETREND Hightech Corp. provides analog and mixed-signal testing services in Taiwan. The company offers wafer sort, laser trim, ICs final testing, lead scan and visual and mechanical inspection, tape and reel, and drop shipment services. It also provides test program development; probe card, load board, and DUT board design/fabrication; contactor and socket selection; handler to tester interface; d… Read more