Gigasolar Materials (3691) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Gigasolar Materials (3691) has a cash flow conversion efficiency ratio of -0.036x 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$-246.20 Million ≈ $-7.76 Million USD) by net assets (NT$6.76 Billion ≈ $213.07 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see market cap of Gigasolar Materials for the company's overall valuation and market capitalisation.
Gigasolar Materials - Cash Flow Conversion Efficiency Trend (2015–2024)
This chart illustrates how Gigasolar Materials's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Gigasolar Materials Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Gigasolar Materials ranked by their cash flow conversion efficiency. Explore earnings quality score of Gigasolar Materials to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Guangdong Jiaying Pharmaceutical Co Ltd
SHE:002198
|
-0.063x |
|
Dishman Carbogen Amcis Limited
NSE:DCAL
|
0.046x |
|
Blue Foundry Bancorp
NASDAQ:BLFY
|
-0.001x |
|
Guangdong Tengen Industrial Group C
SHE:003003
|
0.025x |
|
Arvind SmartSpaces Limited
NSE:ARVSMART
|
0.150x |
|
Jiangsu Jingxue Insulation
SHE:301010
|
0.044x |
|
Zorlu Enerji Elektrik Uretim AS
IS:ZOREN
|
-0.009x |
|
Best SA
WAR:BST
|
-0.029x |
Annual Cash Flow Conversion Efficiency for Gigasolar Materials (2015–2024)
The table below shows the annual cash flow conversion efficiency of Gigasolar Materials from 2015 to 2024. View Gigasolar Materials (3691) share price today for real-time trading data and today's change.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | NT$6.95 Billion ≈ $219.04 Million |
NT$-2.38 Billion ≈ $-75.06 Million |
-0.343x | -456.06% |
| 2023-12-31 | NT$7.48 Billion ≈ $235.61 Million |
NT$-460.85 Million ≈ $-14.52 Million |
-0.062x | -200.70% |
| 2022-12-31 | NT$8.53 Billion ≈ $268.79 Million |
NT$522.09 Million ≈ $16.45 Million |
0.061x | -53.13% |
| 2021-12-31 | NT$7.01 Billion ≈ $220.87 Million |
NT$915.42 Million ≈ $28.84 Million |
0.131x | -31.92% |
| 2020-12-31 | NT$5.79 Billion ≈ $182.44 Million |
NT$1.11 Billion ≈ $34.99 Million |
0.192x | +10.97% |
| 2019-12-31 | NT$5.36 Billion ≈ $168.85 Million |
NT$926.30 Million ≈ $29.18 Million |
0.173x | -23.65% |
| 2018-12-31 | NT$5.22 Billion ≈ $164.46 Million |
NT$1.18 Billion ≈ $37.23 Million |
0.226x | +263.72% |
| 2017-12-31 | NT$6.70 Billion ≈ $211.13 Million |
NT$-926.57 Million ≈ $-29.19 Million |
-0.138x | -133.75% |
| 2016-12-31 | NT$7.34 Billion ≈ $231.29 Million |
NT$3.01 Billion ≈ $94.76 Million |
0.410x | +332.33% |
| 2015-12-31 | NT$6.95 Billion ≈ $218.96 Million |
NT$658.61 Million ≈ $20.75 Million |
0.095x | -- |
About Gigasolar Materials
Giga Solar Materials Corp. engages in the research and development, manufacture, and sale of solar conductive plasma. It provides conductive pastes for photovoltaic cells, such as front and rear Ag, and rear Al pastes. The company was founded in 2003 and is based in Hsinchu City, Taiwan.