Mi Chang Oil
Michang Oil Ind. Co., Ltd. engages in the petrochemical business in South Korea. It offers automotive lubricants, including motor, gasoline engine, diesel engine, gear, and automatic transmission oils, as well as other application oils; and transformer oils. The company also provides industrial lubricants, such as hydraulic, gear, turbine, and heat transfer oils; and rubber process oils comprisin… Read more
Mi Chang Oil (003650) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: 0.024x
Based on the latest financial reports, Mi Chang Oil (003650) has a cash flow conversion efficiency ratio of 0.024x 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 (₩10.84 Billion) by net assets (₩458.03 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Mi Chang Oil - Cash Flow Conversion Efficiency Trend (2009–2024)
This chart illustrates how Mi Chang Oil's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Mi Chang Oil Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Mi Chang Oil ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Jushi Holdings Inc
OTCQX:JUSHF
|
0.025x |
|
HMS Bergbau AG
XETRA:HMU
|
-0.399x |
|
G Collado S.A.B. de C.V
MX:COLLADO
|
0.494x |
|
LIFULL Co. Ltd
PINK:NXCLF
|
0.030x |
|
IG Design Group plc
PINK:IGDFF
|
-0.367x |
|
BIT Mining Limited
NYSE:BTCM
|
-0.167x |
|
Chino Commercial Bancorp
PINK:CCBC
|
0.006x |
|
Paxman AB
PINK:PXMBF
|
-0.014x |
Annual Cash Flow Conversion Efficiency for Mi Chang Oil (2009–2024)
The table below shows the annual cash flow conversion efficiency of Mi Chang Oil from 2009 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | ₩412.51 Billion | ₩23.71 Billion | 0.057x | -61.23% |
| 2023-12-31 | ₩364.86 Billion | ₩54.10 Billion | 0.148x | +210.87% |
| 2022-12-31 | ₩321.14 Billion | ₩15.32 Billion | 0.048x | -5.47% |
| 2021-12-31 | ₩301.98 Billion | ₩15.24 Billion | 0.050x | -63.36% |
| 2020-12-31 | ₩277.13 Billion | ₩38.16 Billion | 0.138x | +448.61% |
| 2019-12-31 | ₩257.95 Billion | ₩6.48 Billion | 0.025x | -48.06% |
| 2018-12-31 | ₩250.06 Billion | ₩12.09 Billion | 0.048x | +368.68% |
| 2017-12-31 | ₩247.93 Billion | ₩-4.46 Billion | -0.018x | -115.34% |
| 2016-12-31 | ₩243.84 Billion | ₩28.60 Billion | 0.117x | -36.97% |
| 2015-12-31 | ₩215.89 Billion | ₩40.17 Billion | 0.186x | +23.59% |
| 2014-12-31 | ₩194.29 Billion | ₩29.25 Billion | 0.151x | +27.88% |
| 2013-12-31 | ₩181.70 Billion | ₩21.39 Billion | 0.118x | -16.60% |
| 2012-12-31 | ₩167.97 Billion | ₩23.71 Billion | 0.141x | +836.05% |
| 2011-12-31 | ₩148.28 Billion | ₩-2.84 Billion | -0.019x | -135.14% |
| 2010-12-31 | ₩132.09 Billion | ₩7.21 Billion | 0.055x | -74.74% |
| 2009-12-31 | ₩112.81 Billion | ₩24.38 Billion | 0.216x | -- |