Shin Ruenn Development Co Ltd
Shin Ruenn development Co., LTD develops, trades in, leases, and sells real estate properties in Taiwan. It develops residential, building, and other real estate properties. The company was formerly known as Jinglay, Inc. and changed its name to Shin Ruenn development Co., LTD. in July 2011. Shin Ruenn development Co., LTD was founded in 1987 and is based in Taipei, Taiwan.
Shin Ruenn Development Co Ltd (6186) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: 0.299x
Based on the latest financial reports, Shin Ruenn Development Co Ltd (6186) has a cash flow conversion efficiency ratio of 0.299x 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$1.52 Billion) by net assets (NT$5.08 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Shin Ruenn Development Co Ltd - Cash Flow Conversion Efficiency Trend (2017–2024)
This chart illustrates how Shin Ruenn Development Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Shin Ruenn Development Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Shin Ruenn Development Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
China Aluminum International Engineering Corporation Limited
F:4AI
|
0.090x |
|
VinFast Auto Ltd.
F:0TL
|
0.113x |
|
Nissan Shatai Co. Ltd
PINK:NSNHF
|
0.074x |
|
Plano & Plano Desenvolvimento Imobiliário S.A
SA:PLPL3
|
-0.118x |
|
Pollard Banknote Limited
PINK:PBKOF
|
0.073x |
|
Morepen Laboratories Limited
NSE:MOREPENLAB
|
0.011x |
|
SKYX Platforms Corp
NASDAQ:SKYX
|
-4.295x |
|
7707
TWO:7707
|
-0.037x |
Annual Cash Flow Conversion Efficiency for Shin Ruenn Development Co Ltd (2017–2024)
The table below shows the annual cash flow conversion efficiency of Shin Ruenn Development Co Ltd from 2017 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | NT$3.87 Billion | NT$2.16 Billion | 0.559x | +212.16% |
| 2023-12-31 | NT$3.20 Billion | NT$572.32 Million | 0.179x | +211.03% |
| 2022-12-31 | NT$3.08 Billion | NT$-496.78 Million | -0.161x | -139.01% |
| 2021-12-31 | NT$2.87 Billion | NT$1.19 Billion | 0.413x | +116.60% |
| 2020-12-31 | NT$2.61 Billion | NT$-6.51 Billion | -2.490x | -1321.82% |
| 2019-12-31 | NT$9.56 Billion | NT$-1.67 Billion | -0.175x | -247.85% |
| 2018-12-31 | NT$1.47 Billion | NT$173.90 Million | 0.118x | +197.72% |
| 2017-12-31 | NT$1.28 Billion | NT$-154.75 Million | -0.121x | -- |