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 balance sheet independence to measure how much of total assets are equity-financed.
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. Check Shin Ruenn Development Co Ltd earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
Huuuge Inc.
WAR:HUG
|
0.127x |
|
Nanning Baling Technology
SHE:002592
|
-0.008x |
|
Greenpanel Industries Limited
NSE:GREENPANEL
|
0.046x |
|
Hunan Zhenghong Science and Technology Develop Co Ltd
SHE:000702
|
-0.064x |
|
Taiwan Sanyo Electric Co Ltd
TW:1614
|
0.033x |
|
Metropolitan Land Tbk
JK:MTLA
|
0.006x |
|
Antipa Minerals Ltd
AU:AZY
|
-0.004x |
|
Key Ware Electronics Co Ltd
TWO:5498
|
0.032x |
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 stock valuation.
| 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.