Her Chee Industrial Co Ltd (8937) - Cash Flow Conversion Efficiency

Latest as of September 2025: -0.012x

Based on the latest financial reports, Her Chee Industrial Co Ltd (8937) has a cash flow conversion efficiency ratio of -0.012x 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$-31.40 Million ≈ $-989.18K USD) by net assets (NT$2.67 Billion ≈ $84.07 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Her Chee Industrial Co Ltd - Cash Flow Conversion Efficiency Trend (2017–2024)

This chart illustrates how Her Chee Industrial Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read 8937 total debt and obligations for a breakdown of total debt and financial obligations.

Her Chee Industrial Co Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Her Chee Industrial Co Ltd ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Paxman AB ST:PAX	-0.014x
Hwa Fong Rubber Ind Co Ltd TW:2109	0.062x
Ditas Dogan Yedek Parca Imalat ve Teknik AS IS:DITAS	1.127x
Cannara Biotech Inc V:LOVE	0.072x
Dongkuk Industries Co. Ltd KQ:005160	0.085x
Encounter Resources Ltd AU:ENR	-0.009x
Tarsons Products Limited NSE:TARSONS	0.032x
Norstar TA:NSTR	0.024x

Annual Cash Flow Conversion Efficiency for Her Chee Industrial Co Ltd (2017–2024)

The table below shows the annual cash flow conversion efficiency of Her Chee Industrial Co Ltd from 2017 to 2024. For the full company profile with market capitalisation and key ratios, see Her Chee Industrial Co Ltd stock valuation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	NT$998.73 Million ≈ $31.47 Million	NT$-35.77 Million ≈ $-1.13 Million	-0.036x	-335.96%
2023-12-31	NT$767.41 Million ≈ $24.18 Million	NT$11.65 Million ≈ $367.01K	0.015x	-83.82%
2022-12-31	NT$726.04 Million ≈ $22.87 Million	NT$68.10 Million ≈ $2.15 Million	0.094x	+178.71%
2021-12-31	NT$690.17 Million ≈ $21.74 Million	NT$-82.23 Million ≈ $-2.59 Million	-0.119x	-200.79%
2020-12-31	NT$750.55 Million ≈ $23.65 Million	NT$-29.73 Million ≈ $-936.72K	-0.040x	-142.02%
2019-12-31	NT$765.67 Million ≈ $24.12 Million	NT$72.18 Million ≈ $2.27 Million	0.094x	+487.47%
2018-12-31	NT$731.64 Million ≈ $23.05 Million	NT$11.74 Million ≈ $369.91K	0.016x	+121.07%
2017-12-31	NT$719.54 Million ≈ $22.67 Million	NT$-54.80 Million ≈ $-1.73 Million	-0.076x	--

About Her Chee Industrial Co Ltd

TWO:8937 Taiwan Recreational Vehicles

Market Cap

$126.63 Million

NT$4.02 Billion TWD

Market Cap Rank

#18274 Global

#979 in Taiwan

Share Price

NT$37.50

Change (1 day)

-2.22%

52-Week Range

NT$30.85 - NT$180.00

All Time High

NT$192.50