Axis Corporation (6292) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Axis Corporation (6292) has a cash flow conversion efficiency ratio of 0.190x as of June 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$190.45 Million ≈ $6.00 Million USD) by net assets (NT$1.00 Billion ≈ $31.61 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 Axis Corporation net asset quality index to measure how much of total assets are equity-financed.
Axis Corporation - Cash Flow Conversion Efficiency Trend (2016–2024)
This chart illustrates how Axis Corporation's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Axis Corporation (6292) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.
Axis Corporation Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Axis Corporation ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Flexible Solutions International Inc
NYSE MKT:FSI
|
-0.069x |
|
Handok
KO:002390
|
-0.058x |
|
Thai Rung Union Car Public Company Limited
BK:TRU
|
0.013x |
|
Iljin Diamond
KO:081000
|
-0.022x |
|
Advanced Lithium Electrochemistry Cayman Co Ltd
TWO:5227
|
-0.199x |
|
Silvercrest Asset Management Group Inc
NASDAQ:SAMG
|
0.175x |
|
MAG Holdings Berhad
KLSE:0095
|
-0.125x |
|
Resource Alam Indonesia Tbk
JK:KKGI
|
-0.087x |
Annual Cash Flow Conversion Efficiency for Axis Corporation (2016–2024)
The table below shows the annual cash flow conversion efficiency of Axis Corporation from 2016 to 2024. For the full company profile with market capitalisation and key ratios, see Axis Corporation market cap and net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | NT$1.25 Billion ≈ $39.36 Million |
NT$282.58 Million ≈ $8.90 Million |
0.226x | +49.07% |
| 2023-12-31 | NT$1.23 Billion ≈ $38.90 Million |
NT$187.34 Million ≈ $5.90 Million |
0.152x | -51.50% |
| 2022-12-31 | NT$1.12 Billion ≈ $35.32 Million |
NT$350.69 Million ≈ $11.05 Million |
0.313x | +1919.96% |
| 2021-12-31 | NT$1.08 Billion ≈ $34.00 Million |
NT$16.71 Million ≈ $526.58K |
0.015x | -74.96% |
| 2020-12-31 | NT$945.01 Million ≈ $29.77 Million |
NT$58.45 Million ≈ $1.84 Million |
0.062x | -71.58% |
| 2019-12-31 | NT$982.88 Million ≈ $30.97 Million |
NT$213.89 Million ≈ $6.74 Million |
0.218x | +4.90% |
| 2018-12-31 | NT$905.33 Million ≈ $28.52 Million |
NT$187.81 Million ≈ $5.92 Million |
0.207x | +438.70% |
| 2017-12-31 | NT$931.16 Million ≈ $29.34 Million |
NT$35.86 Million ≈ $1.13 Million |
0.039x | -84.18% |
| 2016-12-31 | NT$973.89 Million ≈ $30.68 Million |
NT$237.06 Million ≈ $7.47 Million |
0.243x | -- |
About Axis Corporation
Axis Corporation engages in the manufacture, process, trade, and import and export of appliances and related peripheral parts in Taiwan. It provides power supplies, transformers, and electronic stabilizers. The company also offers plate type transformers and coils; toroidal coil; low and high frequency transformers and coils; sealed infusion products; and various inductors and coils. Its products… Read more