Gigasolar Materials Cash Flow Conversion Efficiency
Gigasolar Materials 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.
Cash Flow Conversion Efficiency of Gigasolar Materials (2015–2024)
Cash flow conversion efficiency of Gigasolar Materials from 2015 to 2024. This chart illustrates how Gigasolar Materials's cash flow conversion efficiency has evolved over time, based on yearly financial data. View current stock price of Gigasolar Materials for real-time trading data and today's change.
Gigasolar Materials Cash Flow Conversion Ratio Explained
Gigasolar Materials 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.
Gigasolar Materials Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Gigasolar Materials ranked by their cash flow conversion efficiency. Also see 3691 market cap for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
THONBURI HEALTHCARE GRO-NVDR
BK:THG-R
|
N/A |
|
Liaoning Fu-An
SHG:603315
|
0.070x |
|
PHX Energy Services Corporation
TO:PHX
|
0.058x |
|
Jiangling Motors Corp Ltd
SHE:200550
|
0.212x |
|
SNT Dynamics Co Ltd
KO:003570
|
-0.051x |
|
Ways Electron Co Ltd
SHG:605218
|
0.005x |
|
Solaer Israel Ltd
TA:SOLR
|
-0.086x |
|
Hangzhou Dadi Haiyang Environmental Protection Co. Ltd.
SHE:301068
|
N/A |
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. Review 3691 cash flow after capex ratio 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$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.