Mustang Industrial (5460) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Mustang Industrial (5460) has a cash flow conversion efficiency ratio of 0.024x as of December 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$17.60 Million ≈ $554.40K USD) by net assets (NT$726.59 Million ≈ $22.89 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 5460 equity to assets ratio to measure how much of total assets are equity-financed.
Mustang Industrial - Cash Flow Conversion Efficiency Trend (2017–2025)
This chart illustrates how Mustang Industrial's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check earnings quality score of Mustang Industrial to evaluate the quality of earnings relative to operating cash generation.
Mustang Industrial Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Mustang Industrial ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Pasdec Holdings Bhd
KLSE:6912
|
-0.022x |
|
Garden Stage Limited Ordinary Shares
NASDAQ:GSIW
|
-0.172x |
|
3D Energi Ltd
AU:TDO
|
-0.059x |
|
Sustainable Power & Infrastructure Split Corp
TO:PWI
|
0.089x |
|
Vardhman Polytex Limited
NSE:VARDMNPOLY
|
0.027x |
|
SHH Resources Holdings Bhd
KLSE:7412
|
0.048x |
|
Fine Metal Technologies Public Company Limited
BK:FMT
|
0.224x |
|
Astoria Investments Ltd
JSE:ARA
|
-0.008x |
Annual Cash Flow Conversion Efficiency for Mustang Industrial (2017–2025)
The table below shows the annual cash flow conversion efficiency of Mustang Industrial from 2017 to 2025. For the full company profile with market capitalisation and key ratios, see 5460 market cap.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | NT$726.59 Million ≈ $22.89 Million |
NT$37.83 Million ≈ $1.19 Million |
0.052x | +38.01% |
| 2024-12-31 | NT$735.08 Million ≈ $23.16 Million |
NT$27.73 Million ≈ $873.65K |
0.038x | -56.06% |
| 2023-12-31 | NT$710.67 Million ≈ $22.39 Million |
NT$61.01 Million ≈ $1.92 Million |
0.086x | -34.62% |
| 2022-12-31 | NT$729.53 Million ≈ $22.98 Million |
NT$95.80 Million ≈ $3.02 Million |
0.131x | +220.24% |
| 2021-12-31 | NT$743.86 Million ≈ $23.44 Million |
NT$30.50 Million ≈ $960.98K |
0.041x | -80.56% |
| 2020-12-31 | NT$777.18 Million ≈ $24.49 Million |
NT$163.94 Million ≈ $5.16 Million |
0.211x | +52.23% |
| 2019-12-31 | NT$811.79 Million ≈ $25.58 Million |
NT$112.49 Million ≈ $3.54 Million |
0.139x | +2.76% |
| 2018-12-31 | NT$909.16 Million ≈ $28.64 Million |
NT$122.59 Million ≈ $3.86 Million |
0.135x | +48.69% |
| 2017-12-31 | NT$926.02 Million ≈ $29.17 Million |
NT$83.97 Million ≈ $2.65 Million |
0.091x | -- |
About Mustang Industrial
Mustang Industrial Corp. engages in the manufacture and sale of progressive die molds and stamping products in Taiwan. The company offers shielding frame and cover assemblies for tuners; metal stamped frames and covers for signal shielding; and large-sized metal stamping products, which include cover and chassis of set-top boxes and satellite receivers. It also provides middle size stamping parts… Read more