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.
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. Read 3691 total liabilities for a breakdown of total debt and financial obligations.
Gigasolar Materials Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Gigasolar Materials ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Race Oncology Ltd
AU:RAC
|
-0.093x |
|
ECARX Holdings Inc. Class A Ordinary shares
NASDAQ:ECX
|
-0.018x |
|
Keysino Separation Technology Inc
SHE:300899
|
0.007x |
|
Tangshan Jidong Equipment Engineering Co Ltd
SHE:000856
|
-0.031x |
|
CHEMTRONICS.CO.Ltd
KQ:089010
|
0.121x |
|
Aic Mines Ltd
AU:A1M
|
0.175x |
|
Waskita Karya Persero Tbk
JK:WSKT
|
0.035x |
|
Shenzhen HeKeda Precision Cleaning Equipment Co Ltd
SHE:002816
|
-0.058x |
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. For the full company profile with market capitalisation and key ratios, see market cap of Gigasolar Materials.
| 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.