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

Latest as of September 2025: 0.193x

Based on the latest financial reports, Max Zipper Co Ltd (8932) has a cash flow conversion efficiency ratio of 0.193x 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$440.98 Million ≈ $13.89 Million USD) by net assets (NT$2.29 Billion ≈ $72.07 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Max Zipper Co Ltd - Cash Flow Conversion Efficiency Trend (2017–2024)

This chart illustrates how Max Zipper Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read debt load of Max Zipper Co Ltd for a breakdown of total debt and financial obligations.

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
CCP Contact Probe Co Ltd TWO:6217	-0.041x
Bata India Limited NSE:BATAINDIA	0.174x
Huachangda Intelligent Equipment Group Co Ltd SHE:300278	0.033x
UroGen Pharma Ltd NASDAQ:URGN	0.363x
Shenzhen New Nanshan Holding Group Co Ltd SHE:002314	0.063x
Beijing Navigation Control Technology Co. Ltd. SHG:688282	N/A
Beijing New Space Technology Co Ltd SHG:605178	0.001x
Chutian Dragon Co Ltd SHE:003040	0.054x

Annual Cash Flow Conversion Efficiency for Max Zipper Co Ltd (2017–2024)

The table below shows the annual cash flow conversion efficiency of Max Zipper Co Ltd from 2017 to 2024. 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
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

$998.56 Million

NT$31.69 Billion TWD

Market Cap Rank

#9121 Global

#281 in Taiwan

Share Price

NT$89.50

Change (1 day)

-0.78%

52-Week Range

NT$80.10 - NT$241.50

All Time High

NT$241.50