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.

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. Read 8906 total liabilities for a breakdown of total debt and financial obligations.

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
Shankara Building Products Limited NSE:SHANKARA	-0.023x
Natural Health Trends Corp F:NAH	0.004x
Pivotree Inc V:PVT	0.071x
Avrasya Gayrimenkul Yatirim Ortakligi AS IS:AVGYO	0.017x
SBF AG F:CY1K	N/A
Yayla Enerji Uretim Turizm ve IS:YAYLA	-0.003x
Alpha Trust Andromeda Investment Trust S.A AT:ANDRO	0.109x
GREEN360 Technologies Ltd AU:GT3	-0.149x

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

$31.88 Million

NT$1.01 Billion TWD

Market Cap Rank

#23520 Global

#1490 in Taiwan

Share Price

NT$24.00

Change (1 day)

-1.84%

52-Week Range

NT$24.00 - NT$39.90

All Time High

NT$62.10