Shin Ruenn Development Co Ltd (6186) - Cash Flow Conversion Efficiency
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 ≈ $47.88 Million USD) by net assets (NT$5.08 Billion ≈ $160.00 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 Shin Ruenn Development Co Ltd defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
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.
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 |
|---|---|
|
First National Corp
NASDAQ:FXNC
|
0.045x |
|
EUWAX Aktiengesellschaft
F:EUX
|
0.005x |
|
AGILYX ASA NK -02
F:5NQ
|
N/A |
|
Digimarc Corporation
NASDAQ:DMRC
|
-0.054x |
|
Socep Constant
RO:SOCP
|
N/A |
|
Mount Gibson Iron Limited
F:FWQ
|
0.169x |
|
Aldel Financial II Inc. Class A Ordinary Shares
NASDAQ:ALDF
|
0.010x |
|
Silver Bow Mining Corp.
NYSE MKT:SBMT
|
-0.021x |
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. For the full company profile with market capitalisation and key ratios, see Shin Ruenn Development Co Ltd market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | NT$3.87 Billion ≈ $121.86 Million |
NT$2.16 Billion ≈ $68.10 Million |
0.559x | +212.16% |
| 2023-12-31 | NT$3.20 Billion ≈ $100.71 Million |
NT$572.32 Million ≈ $18.03 Million |
0.179x | +211.03% |
| 2022-12-31 | NT$3.08 Billion ≈ $97.07 Million |
NT$-496.78 Million ≈ $-15.65 Million |
-0.161x | -139.01% |
| 2021-12-31 | NT$2.87 Billion ≈ $90.52 Million |
NT$1.19 Billion ≈ $37.41 Million |
0.413x | +116.60% |
| 2020-12-31 | NT$2.61 Billion ≈ $82.35 Million |
NT$-6.51 Billion ≈ $-205.09 Million |
-2.490x | -1321.82% |
| 2019-12-31 | NT$9.56 Billion ≈ $301.13 Million |
NT$-1.67 Billion ≈ $-52.74 Million |
-0.175x | -247.85% |
| 2018-12-31 | NT$1.47 Billion ≈ $46.25 Million |
NT$173.90 Million ≈ $5.48 Million |
0.118x | +197.72% |
| 2017-12-31 | NT$1.28 Billion ≈ $40.21 Million |
NT$-154.75 Million ≈ $-4.88 Million |
-0.121x | -- |
About 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.