Progate Group Corporation
Progate Group Corporation engages in the design, development, manufactures, sale, and trading of integrated circuits in Taiwan. It is also involved in intellectual property rights; wholesale of electronic materials and information software; and agency and import and export trade of various related products. The company also offers ASIC design service; ASIC mass production service; IP turnkey serv… Read more
Progate Group Corporation (8227) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2024: 0.017x
Based on the latest financial reports, Progate Group Corporation (8227) has a cash flow conversion efficiency ratio of 0.017x 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$12.77 Million) by net assets (NT$744.57 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Progate Group Corporation - Cash Flow Conversion Efficiency Trend (2019–2023)
This chart illustrates how Progate Group Corporation's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Progate Group Corporation Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Progate Group Corporation ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Alta Equipment Group Inc
NYSE:ALTG
|
0.862x |
|
Hyperfine Inc
NASDAQ:HYPR
|
-0.208x |
|
Duxton Water Ltd
AU:D2O
|
-0.042x |
|
Qingyan Environmental Technology Co. Ltd.
SHE:301288
|
N/A |
|
ECS ICT Bhd
KLSE:5162
|
-0.079x |
|
Zhejiang Yingfeng Technology Co Ltd
SHG:605055
|
N/A |
|
Ovid Therapeutics Inc
NASDAQ:OVID
|
-0.288x |
|
CSB Bancorp Inc
PINK:CSBB
|
0.046x |
Annual Cash Flow Conversion Efficiency for Progate Group Corporation (2019–2023)
The table below shows the annual cash flow conversion efficiency of Progate Group Corporation from 2019 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | NT$798.61 Million | NT$114.06 Million | 0.143x | +119.94% |
| 2022-12-31 | NT$694.93 Million | NT$45.13 Million | 0.065x | -83.32% |
| 2021-12-31 | NT$323.76 Million | NT$126.01 Million | 0.389x | +180.34% |
| 2020-12-31 | NT$265.60 Million | NT$36.88 Million | 0.139x | +354.30% |
| 2019-12-31 | NT$355.66 Million | NT$-19.42 Million | -0.055x | -- |