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

Latest as of March 2026: 0.110x

Based on the latest financial reports, Max Zipper Co Ltd (8932) has a cash flow conversion efficiency ratio of 0.110x as of March 2026. 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$280.98 Million ≈ $8.85 Million USD) by net assets (NT$2.56 Billion ≈ $80.72 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see 8932 market cap for the company's overall valuation and market capitalisation.

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. Explore Max Zipper Co Ltd cash earnings quality to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
Kura Oncology Inc NASDAQ:KURA	-1.292x
Matrix Design Co. Ltd. A SHE:301365	N/A
Starlake Bioscience Co Inc Zhaoqing Guangdong SHG:600866	0.149x
Shenzhen SEG Co Ltd SHE:000058	0.110x
Caisse Régionale de Crédit Agricole Mutuel de Paris et d-Ile-de-France PA:CAF	0.025x
Monex S.A.B. de C.V MX:MONEXB	-1.308x
Ningbo Exciton Technology Co Ltd SHE:300566	0.052x
NB Bancorp, Inc. Common Stock NASDAQ:NBBK	0.041x

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. View Max Zipper Co Ltd (8932) share price today for real-time trading data and today's change.

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

$996.33 Million

NT$31.62 Billion TWD

Market Cap Rank

#8927 Global

#289 in Taiwan

Share Price

NT$89.30

Change (1 day)

+4.08%

52-Week Range

NT$80.10 - NT$219.00

All Time High

NT$241.50