North-Star International Co Ltd (8927) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.018x

Based on the latest financial reports, North-Star International Co Ltd (8927) has a cash flow conversion efficiency ratio of 0.018x as of September 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$156.46 Million ≈ $4.93 Million USD) by net assets (NT$8.78 Billion ≈ $276.72 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 how leveraged is North-Star International Co Ltd's balance sheet to measure how much of total assets are equity-financed.

North-Star International Co Ltd - Cash Flow Conversion Efficiency Trend (2017–2024)

This chart illustrates how North-Star International Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check North-Star International Co Ltd (8927) cash flow quality to evaluate the quality of earnings relative to operating cash generation.

North-Star International Co Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of North-Star International Co Ltd ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
S. P. Apparels Limited NSE:SPAL	0.141x
TRX Gold Corporation TO:TRX	0.079x
Fittech Co Ltd TW:6706	0.016x
Inflection Point Acquisition Corp. III Class A Ordinary Shares NASDAQ:IPCX	-0.001x
Wuxi Honghui New Materials Technology Co Ltd SHE:002802	0.063x
Suzhou Institute of Building Science Group Co Ltd SHG:603183	-0.004x
Wanxiang Doneed Co Ltd SHG:600371	-0.012x
Repco Home Finance Limited NSE:REPCOHOME	-0.095x

Annual Cash Flow Conversion Efficiency for North-Star International Co Ltd (2017–2024)

The table below shows the annual cash flow conversion efficiency of North-Star International Co Ltd from 2017 to 2024. For the full company profile with market capitalisation and key ratios, see North-Star International Co Ltd market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	NT$8.60 Billion ≈ $271.10 Million	NT$1.00 Billion ≈ $31.53 Million	0.116x	+13786.34%
2023-12-31	NT$8.10 Billion ≈ $255.27 Million	NT$6.79 Million ≈ $213.76K	0.001x	-99.06%
2022-12-31	NT$4.60 Billion ≈ $144.96 Million	NT$408.06 Million ≈ $12.86 Million	0.089x	+73.81%
2021-12-31	NT$3.79 Billion ≈ $119.54 Million	NT$193.61 Million ≈ $6.10 Million	0.051x	-66.83%
2020-12-31	NT$2.38 Billion ≈ $74.88 Million	NT$365.59 Million ≈ $11.52 Million	0.154x	+156.62%
2019-12-31	NT$2.20 Billion ≈ $69.20 Million	NT$131.65 Million ≈ $4.15 Million	0.060x	+241.28%
2018-12-31	NT$2.17 Billion ≈ $68.28 Million	NT$-91.94 Million ≈ $-2.90 Million	-0.042x	-60.51%
2017-12-31	NT$2.11 Billion ≈ $66.58 Million	NT$-55.86 Million ≈ $-1.76 Million	-0.026x	--

About North-Star International Co Ltd

TWO:8927 Taiwan Specialty Retail

Market Cap

$270.91 Million

NT$8.60 Billion TWD

Market Cap Rank

#15182 Global

#689 in Taiwan

Share Price

NT$20.10

Change (1 day)

-0.99%

52-Week Range

NT$18.15 - NT$49.90

All Time High

NT$76.70