Sung Gang Asset Management Ltd (6240) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Sung Gang Asset Management Ltd (6240) has a cash flow conversion efficiency ratio of 0.004x 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$1.39 Million ≈ $43.76K USD) by net assets (NT$376.22 Million ≈ $11.85 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Sung Gang Asset Management Ltd - Cash Flow Conversion Efficiency Trend (2017–2024)
This chart illustrates how Sung Gang Asset Management Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read debt load of Sung Gang Asset Management Ltd for a breakdown of total debt and financial obligations.
Sung Gang Asset Management Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Sung Gang Asset Management Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Horseshoe Metals Ltd
AU:HOR
|
0.212x |
|
Weizmann Limited
NSE:WEIZMANIND
|
0.281x |
|
Vogiatzoglou Systems S.A
AT:VOSYS
|
0.047x |
|
Big Rock Brewery Inc.
TO:BR
|
0.054x |
|
Atomo Diagnostics Ltd
AU:AT1
|
-0.145x |
|
Immo-Zenobe Gramme SA
BR:ZEN
|
N/A |
|
BIT MINING C.A SP.ADR 100
F:50C0
|
N/A |
|
RAREX Ltd
AU:REE
|
-0.479x |
Annual Cash Flow Conversion Efficiency for Sung Gang Asset Management Ltd (2017–2024)
The table below shows the annual cash flow conversion efficiency of Sung Gang Asset Management Ltd from 2017 to 2024. For the full company profile with market capitalisation and key ratios, see 6240 stock market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | NT$409.42 Million ≈ $12.90 Million |
NT$-9.05 Million ≈ $-285.28K |
-0.022x | -351.88% |
| 2023-12-31 | NT$396.66 Million ≈ $12.50 Million |
NT$3.48 Million ≈ $109.73K |
0.009x | +118.71% |
| 2022-12-31 | NT$392.99 Million ≈ $12.38 Million |
NT$-18.45 Million ≈ $-581.18K |
-0.047x | -331.59% |
| 2021-12-31 | NT$344.25 Million ≈ $10.85 Million |
NT$-3.74 Million ≈ $-117.96K |
-0.011x | -44.94% |
| 2020-12-31 | NT$328.64 Million ≈ $10.35 Million |
NT$-2.47 Million ≈ $-77.69K |
-0.008x | +47.43% |
| 2019-12-31 | NT$330.66 Million ≈ $10.42 Million |
NT$-4.72 Million ≈ $-148.71K |
-0.014x | -103.20% |
| 2018-12-31 | NT$372.19 Million ≈ $11.73 Million |
NT$166.12 Million ≈ $5.23 Million |
0.446x | +1065.34% |
| 2017-12-31 | NT$268.81 Million ≈ $8.47 Million |
NT$-12.43 Million ≈ $-391.55K |
-0.046x | -- |
About Sung Gang Asset Management Ltd
Sung Gang Corp.Limited provides information services in Taiwan. The company offers computer hardware and application information system maintenance services. It also provides digital transformation service design, data asset utilization strategy, and system development and integration services. In addition, the company engages in real estate leasing and financial debt acquisition businesses. The … Read more