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 equity to assets ratio to measure how much of total assets are equity-financed.

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. Check Her Chee Industrial Co Ltd earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.

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
Petrovietnam Low Pressure Gas Distribution JSC VN:PGD	-0.231x
CORA GOLD LTD O.N. F:C0J	N/A
Perintis Triniti Properti PT JK:TRIN	0.006x
CPN Commercial Growth Leasehold Property Fund BK:CPNCG	0.007x
APCB Inc TW:6108	0.037x
Jati Tinggi Group Berhad KLSE:0292	-0.081x
Inpro SA WAR:INP	-0.037x
Manuka Resources Ltd AU:MKR	-0.335x

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

$81.05 Million

NT$2.57 Billion TWD

Market Cap Rank

#19895 Global

#1150 in Taiwan

Share Price

NT$24.00

Change (1 day)

+4.80%

52-Week Range

NT$21.80 - NT$180.00

All Time High

NT$192.50