Axman Enterprise Co. Ltd.
Axman Enterprise Co., Ltd. designs, develops, manufactures, and tests bicycles. It offers road bikes, mountain bikes, and carbon fiber frame sets. The company was founded in 1985 and is based in Changhua, Taiwan.
Axman Enterprise Co. Ltd. (6804) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2024: 0.067x
Based on the latest financial reports, Axman Enterprise Co. Ltd. (6804) has a cash flow conversion efficiency ratio of 0.067x as of June 2024.
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$87.53 Million) by net assets (NT$1.31 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Axman Enterprise Co. Ltd. - Cash Flow Conversion Efficiency Trend (2020–2023)
This chart illustrates how Axman Enterprise 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.
Axman Enterprise Co. Ltd. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Axman Enterprise Co. Ltd. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
CL Educate Limited
NSE:CLEDUCATE
|
0.060x |
|
American Clean Resources Group Inc.
PINK:ACRG
|
0.012x |
|
DIAMINES AND CHEMICALS ORD (BSE)
NSE:DIAMINESQ
|
N/A |
|
Senti Biosciences Inc
NASDAQ:SNTI
|
-1.163x |
|
WALLBOX N.V. CL.A EO-12
F:67E
|
N/A |
|
IDI Insurance Company Ltd
TA:IDIN
|
-0.110x |
|
CONCEJO AB (PUBL) B SK 5
F:3W1
|
N/A |
|
Janel Corp
PINK:JANL
|
0.088x |
Annual Cash Flow Conversion Efficiency for Axman Enterprise Co. Ltd. (2020–2023)
The table below shows the annual cash flow conversion efficiency of Axman Enterprise Co. Ltd. from 2020 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | NT$1.39 Billion | NT$150.27 Million | 0.108x | -64.35% |
| 2022-12-31 | NT$1.06 Billion | NT$321.05 Million | 0.304x | +264.44% |
| 2021-12-31 | NT$773.70 Million | NT$-142.89 Million | -0.185x | -347.83% |
| 2020-12-31 | NT$631.40 Million | NT$47.05 Million | 0.075x | -- |