Max Zipper Co Ltd (8932) - Cash Flow Conversion Efficiency

Latest as of December 2025: 0.083x

Based on the latest financial reports, Max Zipper Co Ltd (8932) has a cash flow conversion efficiency ratio of 0.083x 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$203.00 Million ≈ $6.40 Million USD) by net assets (NT$2.44 Billion ≈ $76.79 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 many days can Max Zipper Co Ltd fund operations to measure how many days the company can operate on defensive assets alone.

Max Zipper Co Ltd - Cash Flow Conversion Efficiency Trend (2017–2025)

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

Max Zipper Co Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Max Zipper Co Ltd ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Shantou Dongfeng Printing Co Ltd SHG:601515	-0.004x
Hunan Keli Motor Co Ltd SHE:002892	0.043x
SMA SOLAR T. UNSP.ADR/01 F:S93	-0.017x
Shenzhen Cotran New Material Co Ltd Class A SHE:300731	0.025x
Guangdong Shunkong Development Co Ltd SHE:003039	0.047x
Kinh Bac City Development Share Holding Corp VN:KBC	-0.106x
Kingsgate Consolidated Ltd AU:KCN	0.153x
POLESTAR AUTO.ADR/A F:A4N1	N/A

Annual Cash Flow Conversion Efficiency for Max Zipper Co Ltd (2017–2025)

The table below shows the annual cash flow conversion efficiency of Max Zipper Co Ltd from 2017 to 2025. For the full company profile with market capitalisation and key ratios, see 8932 company net worth.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	NT$2.44 Billion ≈ $76.79 Million	NT$791.43 Million ≈ $24.93 Million	0.325x	-26.07%
2024-12-31	NT$1.54 Billion ≈ $48.57 Million	NT$677.15 Million ≈ $21.33 Million	0.439x	+506.03%
2023-12-31	NT$1.00 Billion ≈ $31.53 Million	NT$72.54 Million ≈ $2.29 Million	0.072x	-39.51%
2022-12-31	NT$738.41 Million ≈ $23.26 Million	NT$88.47 Million ≈ $2.79 Million	0.120x	+138.12%
2021-12-31	NT$704.48 Million ≈ $22.19 Million	NT$35.45 Million ≈ $1.12 Million	0.050x	+1.92%
2020-12-31	NT$569.20 Million ≈ $17.93 Million	NT$28.10 Million ≈ $885.27K	0.049x	+176.22%
2019-12-31	NT$612.07 Million ≈ $19.28 Million	NT$10.94 Million ≈ $344.64K	0.018x	+116.06%
2018-12-31	NT$690.30 Million ≈ $21.75 Million	NT$-76.82 Million ≈ $-2.42 Million	-0.111x	-844.92%
2017-12-31	NT$413.35 Million ≈ $13.02 Million	NT$6.17 Million ≈ $194.55K	0.015x	--

About Max Zipper Co Ltd

TWO:8932 Taiwan Apparel Manufacturing

Market Cap

$1.11 Billion

NT$35.30 Billion TWD

Market Cap Rank

#8620 Global

#284 in Taiwan

Share Price

NT$100.00

Change (1 day)

-0.50%

52-Week Range

NT$80.10 - NT$241.50

All Time High

NT$241.50