Forward Graphic Enterprise Co Ltd (8906) - Cash Flow Conversion Efficiency

Latest as of December 2025: -0.039x

Based on the latest financial reports, Forward Graphic Enterprise Co Ltd (8906) has a cash flow conversion efficiency ratio of -0.039x as of December 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$-18.51 Million ≈ $-583.07K USD) by net assets (NT$471.47 Million ≈ $14.85 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See operational self-sufficiency of Forward Graphic Enterprise Co Ltd to measure how many days the company can operate on defensive assets alone.

Forward Graphic Enterprise Co Ltd - Cash Flow Conversion Efficiency Trend (2017–2025)

This chart illustrates how Forward Graphic Enterprise Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data.

Forward Graphic Enterprise Co Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Forward Graphic Enterprise Co Ltd ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
3I Infrastructure PLC LSE:3IN	-0.006x
JP Morgan Global Growth & Income PLC LSE:JGGI	0.004x
LORDS CHLORO ALKALI ORD T (BSE) NSE:LORDSCHLO	N/A
Ginni Filaments Limited NSE:GINNIFILA	0.167x
Software Acquisition Group III Inc NASDAQ:SWAG	-0.174x
Neptis WAR:YAN	0.405x
Ananda Development Public Company Limited BK:ANAN	0.067x
Transcontinental Inc TO:TCL-B	0.002x

Annual Cash Flow Conversion Efficiency for Forward Graphic Enterprise Co Ltd (2017–2025)

The table below shows the annual cash flow conversion efficiency of Forward Graphic Enterprise Co Ltd from 2017 to 2025. For the full company profile with market capitalisation and key ratios, see market value of Forward Graphic Enterprise Co Ltd.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	NT$471.47 Million ≈ $14.85 Million	NT$-45.97 Million ≈ $-1.45 Million	-0.098x	-250.85%
2024-12-31	NT$470.77 Million ≈ $14.83 Million	NT$-13.08 Million ≈ $-412.19K	-0.028x	+42.89%
2023-12-31	NT$473.97 Million ≈ $14.93 Million	NT$-23.07 Million ≈ $-726.67K	-0.049x	-402.68%
2022-12-31	NT$358.39 Million ≈ $11.29 Million	NT$5.76 Million ≈ $181.53K	0.016x	+255.82%
2021-12-31	NT$364.99 Million ≈ $11.50 Million	NT$-3.77 Million ≈ $-118.65K	-0.010x	-130.93%
2020-12-31	NT$363.96 Million ≈ $11.47 Million	NT$12.14 Million ≈ $382.48K	0.033x	+180.93%
2019-12-31	NT$361.24 Million ≈ $11.38 Million	NT$4.29 Million ≈ $135.13K	0.012x	+927.21%
2018-12-31	NT$350.44 Million ≈ $11.04 Million	NT$-503.00K ≈ $-15.85K	-0.001x	-111.68%
2017-12-31	NT$347.51 Million ≈ $10.95 Million	NT$4.27 Million ≈ $134.50K	0.012x	--

About Forward Graphic Enterprise Co Ltd

TWO:8906 Taiwan Specialty Business Services

Market Cap

$41.57 Million

NT$1.32 Billion TWD

Market Cap Rank

#22660 Global

#1418 in Taiwan

Share Price

NT$31.30

Change (1 day)

+5.03%

52-Week Range

NT$23.50 - NT$39.90

All Time High

NT$62.10