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. See 8937 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

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.

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
Birlesim Muhendislik Isitma Sogutma Havalandirma Sanayi & Ticaret Sirketi AS IS:BRLSM	-0.179x
SD Standard Drilling PLC OL:SDSD	0.153x
Sunflow Sustain TA:SNFL	0.059x
Synergy Green Industries Limited NSE:SGIL	0.056x
Patriot One Technologies Inc F:0PL	-0.493x
Scientex Packaging KLSE:8125	0.042x
Canadian Life Companies Split Corp TO:LFE	0.023x
Serrano 61 Desarrollo SOCIMI SA MC:YSRR	-0.002x

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

$98.77 Million

NT$3.14 Billion TWD

Market Cap Rank

#19332 Global

#1111 in Taiwan

Share Price

NT$29.25

Change (1 day)

+2.63%

52-Week Range

NT$21.80 - NT$180.00

All Time High

NT$192.50